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Consultant: Global Compensation and Benefits

Vacancy Details

Reference No.

YN-43268

Synopsis

A leading telecommunication organisation has an opportunity for a Consultant: Global Compensation and Benefits. The potential incumbent will be responsible to manage the design and implementation of a sustainable framework for Global Compensation and Benefits, with a view of attracting, motivating and retaining the best talent.

Description

  • Assist SM in the creation of the Global Rewards Design sub-functional strategy for all aspects of compensation and benefits in line with the overarching business goals.
  • Provide input into the effective implementation of the strategy by means of providing direction, structure, frameworks, models, plans and roadmaps.
  • Assist in regular review of the functional strategy and roadmap to ensure its alignment with the changing dynamics of the internal and external ecosystem.
  • Provide input in strategic meetings when required.
  • Provide inputs into the enterprise wide transformation initiatives when required.
  • Provide inputs into the risk mitigation and controls.
  • Perform evaluation baseline of Service Level Agreements (SLAs) and key performance indicators (KPIs).
  • Provide input into the preparation of proposal on change initiatives SLA, policies and procedures.
  • Escalate issues that will result in severe time, scope, productivity, and cost or resource impact.
  • Provide solutions to escalations that have multiple processes or functions impact on critical path of service delivery.
  • Assist in managing functional budgets in line with overall functional budget and business objectives.
  • Assist in managing project initiative budgets in line with business objectives.
  • Drive continuous improvement to ensure solutions for compensation and benefits are globally relevant and sustainable.
  • Proactively conduct market studies, research on relevant trends and liaise with external consultants to develop a sound knowledge base and subject matter expertise on global compensation and benefits practices
  • Identify opportunities for improvements to enhance the quality and effectiveness of the function across the organisation.
  • Implement global compensation and benefits special projects and initiatives.
  • On-board and develop strong working relationships with Manco Business Talent Partner and HR teams to ensure successful execution and delivery thereof.
  • Provide training and consulting support to local Rewards specialists and Business Talent Partners, in order to ensure effective adoption and use of global rewards methods, practices and tools. 
  • Manage, maintain and cascade the global reward level policy, commensurate to the organisation job families and levels.
  • Advise the Rewards team and Manco Business Talent Partners on effective localisation of rewards programs and policies, e.g. salary models, incentive and benefits.
  • Devise the global benefit programs, salary programs, incentive structure, performance linked pay structures and other special payment plans for specific segments of the business, in conjunction with the Business and Regional Partners.
  • Perform periodic global reviews and assessments of existing and new jobs based on complexity and associated reward levels across the organisation.
  • Track and support communication of the STI or LTI programs, protocols and guidance equitably across the organisation.
  • Ensure timely communication of global bonus mandates or guidelines and compensation related activities to HR Leadership and Regional Talent Partners.
  • Plan and deliver periodic interventions, communications and awareness building amongst HR Practitioners and Business Leaders relating to all aspects of compensation and benefits to ensure adoption and to promote transparency amongst employees.
  • Participate in and support the selection, negotiation and finalisation of global agreements with benefits service providers. 
  • Develop knowledge base and subject matter expertise on compensation and benefits to share with the organisation.
  • Assist in implementation and monitor adoption of compensation and benefits frameworks across the organisation.

Requirements

  • 3-year tertiary degree or diploma in Human Resources, Business Studies, Finance, or equivalent.
  • Relevant certification, accreditation or membership with professional bodies in areas pertaining to remuneration and rewards management etc.
  • Must have a minimum of 5 years experience working in the HR domain or telecommunication environment with specific focus on global compensation and benefits.
  • Financial or Numeracy experience.
  • Experience in ERP, Oracle would be preferred.
  • Project management experience.
  • Must have worked across diverse cultures and geographies.
  • Experience working in a medium to large organisation.
  • Experience in telecommunication business would be advantageous.

Kindly note, if you have not heard from us within two weeks of your application please consider it unsuccessful.

Position Type

Permanent

Work Level

Senior

Salary

Market Related

Industry

Telecommunications

Salary Type

Annually

Package

Cost To Company

Affirmative Action

Yes

Geographic Location

Gauteng