Manager Reward
Sasol Sasolburg, Free State
Job Description
- Translate group minimum standards and policies into regional policies, procedures, and plans addressing requirements on local issues relating to reward and benefit matters.
- Gain a deep understanding of the regional business as well as the labour market to ensure proper and effective translation of group standards, policies and plans into relevant and market-related regional processes.
- Codesign and implement regional specific policies and plans, including specific recognition plans, specific reward policies and pay practices and changes to benefit plans, such as retirement plans.
- Engage in regular participation in reward and benefit surveys by coordinating submissions and interpreting the insights to formulate specific actions or recommendations.
- Support the business in the design and implementation of STI (short term incentive plans), recognition and OME specific reward plans.
- Use and interpret market data to design pay lines that guide good levels of internal and external equity.
- When required, coordinate the provision of job evaluation services by involving the relevant subject matter experts and process custodians.
- Render Rewards and Benefits specialist support for the assigned portfolio, specifically with regard to ensuring market related, competitive reward practices to attract, retain and motivate key skills.
- Engage in regular follow up with clients to ensure that services are meeting expectations and that there are no attraction nor retention concerns relating to reward practices.
- Responsible for the compliance of practices against minimum standards and policies and ensure that exceptions outside of approved Delegation of Authority are escalated to the relevant stakeholders for consideration.
- Ensure consistent application of minimum standards and implementation of policies avoiding exceptions.
- Continuously monitor compliance with policies and practices within the assigned region.
- Analyse the applicable metrics, report the insights and suggest gap closing measures in the region.
- Continuously monitor escalation in staff costs and turnover levels and escalate any concerns to the relevant leaders.
- Ensure metrics are defined and quarterly dashboards are provided to the business on important and relevant trends.
- Guide the execution of selected regional programs, such as annual increase and incentive exercises, implementation of new variable pay plans, design of annual STI (short term incentive) plans, merit and retention awards etc. through the coordination and management of a small group of specialists.
- Drive a high performance culture through strong integration of talent and reward processes and outcomes.
- Effectively implement new group Reward and Benefits plans and policies and ensure that HR and line colleagues are well informed and educated about changes and new plans.
- Build an effective network of reward consultants within and external to the organization.
Requirements
- University Bachelor’s Degree
- 9+ relevant years
- GRP