Senior Manager - Compensation and Benefits - Geo - South Africa

8.0 - 13.0 years

0.8 - 1.5 Lacs P.A.

Noida

Posted:18 hours ago| Platform: Naukri logo

Apply Now

Skills Required

south africa compensation and benefitsTotal RewardsSalary Benchmarkinglocal legislation - South AfricaIncentivesRewardsEquityBonusCompensation And BenefitsEsop

Work Mode

Work from Office

Job Type

Full Time

Job Description

Responsible for designing and implementing all aspects of the employee rewards programs for South Africa, including compensation, benefits and short -term incentives. The incumbent will also, in partnership with the Global Rewards team, lead, review and design to ensure that the C&B practices of the organization are internally equitable, market competitive and aligned with the company's performance and affordability. - The role will have a deep understanding of external best-practices and reward strategies combined with a track record of conceptualizing successful strategies, developing and leading action plans, and the ability to execute and operationalize in a scalable way to amplify Business productivity and sustain a high performing culture that attracts, motivates and retains talent. - Work with Corporate Rewards Team on Benchmarking of salary/benefits data and participation in regular/industry/forum level surveys. Analyze and share reports/insights to Leadership/Top Management. - Monitor, evaluate and design Hiring Ranges with Recruitment, HRBP and Business. - Will work closely with HR leaders and C&B on promotions, market corrections, Geo mobility, other case etc. on the compensation related recommendations. - Design, monitor and manage the Benefits . Lead strategy and design to deliver quality benet programs to remain competitive and cost-eective In partnership with our brokers, participate in negotiation of agreements with insurance carriers and nancial institutions for administration of benets programs - Calibrate with Corporate Rewards Team on annual processes like Merit Increase , Bonus and Equity Grants. Evaluate effectiveness of STI (Bonus, P4P, sales Commission)/LTI (Equity) plans. - Track and work on DEI, Pay Equity and Gender Pay analysis with the corporate Team. - Liaise with Compliance/Legal team and ensure compliance with regulations and company policies in compensation decisions. - Design, upkeep and update C&B policies. Ensure effective and timely communications to employees. - Partner with Global Rewards team to develop monthly/quarterly dashboards and analysis. - Work closely with Corporate Rewards and finance team on Budgeting and Pricing of jobs. - Manage the data processes required by internal and external sources, including resolving data errors and partnering with HR shared services as needed. - Prepare reports and analysis of compensation data. Partner with HR Business Partners and Management to review findings and recommendations - Partner with other HR team members/leaders and functional areas to investigate and resolve escalated employee issues (Compensation matters). - Collaborate with HRIS/HRSS/DHRO to maintain systems related to compensation and benefits administration. Competencies, Skills and Values & Behavior Knowledge of the industry, local legislation (South Africa) and HR statutory compliances Should be proficient with MS excel, PowerPoint and Word. Strong data acumen & decision-making ability, Relationship Management &Strategic and commercial thinking. Experience implementing cost-saving methods and improving operational efficiency. Analytical skills with ability to use data proactively to address opportunities. Ability to communicate in a clear and confident manner. Ability to elicit cooperation from teams, management, and external stakeholders. Experience building and cultivating effective working relationships with multiple stakeholders (internal & external) Prior knowledge of Oracle Fusion and Power BI is desired. Understanding of tools like Tableau, Power BI, Qlik sense etc. is desired. Minimum Requirements 8+ years experience in Compensation and Benefits with minimum 3-5 years of leading the function or Geo (South Africa). ITES/KPO/Analytics Industry background Should have strong analytical and advanced Excel skills. Excellent written and verbal communication and influencing skills with strong presentation skills. Strong stakeholder relationships/other partnerships experience within a global setting.

EXL

Business Process Management / Analytics

New York

20,000+ Employees

737 Jobs

    Key People

  • Rohit Kapoor

    Vice Chairman & CEO
  • Jasvinder Singh

    President

RecommendedJobs for You