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  • Posted: Oct 26, 2023
    Deadline: Not specified
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    OutsideCapital is level BBBEE2 executive search and recruitment advisor that specialises in building South Africa’s foremost accounting firms, management consulting houses, banks, insurance companies, corporates and listed organisations.
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    Head of Compensation and Benefits

    • As the Head of Compensation and Benefits, you will play a crucial role in designing and developing the reward structures and guidelines for our client. You will have the opportunity to shape the compensation and benefits strategy, ensuring a holistic approach that includes non-monetary benefits and employee wellness initiatives. This is a key leadership position within the HR team, where you will collaborate with stakeholders to enhance the overall employee experience.

    Responsibilities:

    • Develop and implement compensation and benefits strategies in collaboration with HR Country Leads
    • Design and improve short, medium, and long-term incentive schemes for key skills
    • Conduct market research to benchmark compensation and benefits practices
    • Coordinate with Remco to document findings and prepare benchmarking reports
    • Update policies, processes, and guidelines related to compensation and benefits
    • Manage annual salary and bonus review cycle, ensuring affordability and alignment with market rates
    • Provide guidance on employee salary packages, promotions, and other compensation-related matters
    • Collaborate with Country HR Leads on the implementation of reward and benefit programs
    • Resolve escalated employee queries related to rewards and benefits
    • Build and maintain relationships with third-party vendors and salary survey providers
    • Lead the employee wellness program as part of the overall employee value proposition
    • Explore non-monetary benefits to enhance the EVP without adding costs
    • Lead and develop a team of Compensation and Benefits Analysts

    Requirements:

    • BSc in Human Resources Management, Organizational Psychology, Finance, or related field
    • Professional membership of a remuneration body/association is highly advantageous
    • 5-7 years of experience in HR compensation and benefits
    • Strong knowledge of job evaluation methodology and international labor laws
    • Proven expertise in rewards and benefits strategy development and implementation
    • Strategic thinking and design thinking skills
    • Excellent interpersonal and communication skills
    • Ability to thrive in a high-ambiguity environment
    • Fluency in English is required, conversational French is a plus

    Method of Application

    Interested and qualified? Go to OutsideCapital on outsidecapital.co.za to apply

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