(1144) Rewards Manager - HRD at South African Reserve Bank

Detailed description

The successful candidate will be responsible for the following key performance areas:

• To develop, implement and maintain the total reward strategy to ensure an optimal benefit mix in support of the SARB’s Employee Value Proposition (EVP).
• To support the SARB through the HRBPs in the provision of fit-for-purpose Compensation and Benefits solutions.
• To develop and maintain the remuneration policy and procedural guidelines to inform pay decisions within the SARB as well as monitor the consistent and appropriate application thereof.
• To develop and maintain a fit-for-purpose recognition programme for the SARB.
• To benchmark compensation and benefit processes to ensure relevance, efficiency and alignment to best practice.
• To research, analyse and conduct salary and benefit surveys to ensure competitiveness in the attraction and retention of talent.
• To take responsibility for Human Resources’ strategic reporting, liaise with relevant stakeholders in this regard and represent HR projects at appropriate forums. 
• To fulfil the team leader function pertaining to the performance and the development of the team.
• To manage output of the Compensation and Benefits team members on an ongoing basis, manage workflows, monitor quality, turnaround times and deliverables in accordance with pre-scheduled responsibilities, ad hoc activities and projects.
• To create and maintain comprehensive documentation, knowledge articles, and training material to support Compensation and Benefits objectives and the HCM cloud solution.
• To establish and manage relationships with key internal/ external stakeholders and service providers.
• To collate, analyse and disseminate management information and provide insights to the Divisional Head for effective decision making.

Job requirements

To be considered for this position, candidates must have:

• A minimum of a Bachelor in Human Resources/Commerce or equivalent
• Remuneration qualification or GRP certification
• A minimum of 8-10 years of experience in a compensation and benefits environment and analytics