Compensation & Benefits Expert at Bayer

Your Tasks and Responsibilties:

To manage the company’s compensation & benefits systems and processes, provide leadership and administrative guidance with regards to remuneration surveys and all related matters and to manage SAP HR Organisation Management and headcount reporting. In addition, provide support to local HR Partners with strategic compensation and benefits solutions.

• Follow external market developments by active involvement in relevant industry networks and by participating in compensation and benefits surveys & benchmarking studies (e.g. by Hay, Mercer, Hewitt).
• Develop and implement a country specific compensation and benefits approach based on the global compensation and benefits philosophy, including communication concept.
• Develop and implement local compensation and benefits policies and processes, follow-up of legal context, coordination and communication.
• Govern and coordinate local incentive/ bonus scheme.
• Manage projects, e.g. regarding compensation and benefits change and optimization.
• Single point of contact for HR//CoE Compensation & Benefits.
• Act as focal point for internal audits.
• Adjust internal compensation and benefits practices (e.g. salary bands, policies on promotion, merit increase, starting salary etc.) based on market practice/development, benchmark results and business needs.
• Advise Country HR organization and line managers in all questions related to compensation and benefits.
• Steer harmonization of reward management across all SGs/SCs.
• Ensure the implementation and application of agreed directives, policies, processes, systems, and programmes throughout all divisions.

Renumeration:

• Be custodian of all remuneration systems.
• Administer/process documentation relating to merit increase for all employees, including Bargaining Unit and issue relevant correspondence to all concerned, namely employees and payroll.
• Administrate and process all remuneration-related documentation, i.e. promotions, transfers, interim increments, title changes, confirmation of earnings, STI’s, ex-gratia bonuses, maternity leave, etc. and issue relevant correspondence to employee.
• Monitor adherence to Compensation policies and procedures and that correct authorization is obtained.

Compensation/Benefits System:

• Create, manage and maintain SAP HR Organisation Management to ensure correct position titles, reporting structure and cost centre allocation.
• Via Org Management relationships, manage classifications and codings for salary surveys, Prokon, Government reporting/Stats SA, etc.
• Manage cost centre allocation relating to car lease costs and travel expenses.
• Report quarterly actuals, estimates and budgeted headcount figures to Leverkusen via Prokon.

Position Evaluation:

• Evaluate E-level positions for country/country group.

Miscellaneous:

• Support organisational changes (Mergers & Acquisitions, etc.) with comparative compensation & benefits frameworks & support payroll changes where necessary.
• Update HR Manual in consultation with HR Partners & Head of HR.
• Complete required templates for STI’s, annual merit increases, etc. as mandated by CoE.
• Track staff movement, advise all relevant parties of outgoing employees and issue documentation to departing staff member.
• Provide standard reports to relevant parties as required, ie. Service anniversary, retirements.

Benefits

• Support all healthcare administrative functions including new application, withdrawals, retirements, annual reviews, etc.
• Ensure the Bayer Wellness benefit is optimally maintained and communicated to all employees.
• Facilitate the administration and submission of disability claims.
• Obtain relevant information and submit funeral claims.
• Facilitate the administration and submission of death benefit claims.
• Support and administer all Provident Fund related functions including new entrants, withdrawals, retirements, annual reviews, section 14 transfers, fund closures, etc.

Compensation:

• Create and manage dummy payslip calculation and master template.
• Manage In-Pat/Ex-Pat mobility end-to-end processes in line with global guidelines.
• Manage STA end-to-end process in line with global guidelines.
• Manage annual STI process and data associated with this process.
• Manage TPA process and data associated with this process.
• Manage the merit increase process in line with global requirements.

Experience & Qualifications:

• A Bachelors University Degree.
• Post-graduate qualification in related field, e.g. Social Sciences, Business Science, Management Science.
• Global Remuneration Professional Certificate (GRP).
• At least 10 years relevant experience in HR, e.g. Compensation & Benefits, Talent management, Business Partnering.
• Ability to collaborate in the Bayer HR business model: HR Operations, HR Partner, Center of Expertise.
• Experienced in multidisciplinary project management and corresponding change management.
• Strong "Business Partnering" competencies: Business Insights, Strategic Mindset, Courage, Collaboration.
• Manages Complexity – ability to understand multi-dimensional situations and processes and recognize interdependencies while driving efficiency and simplicity.

Skills & Knowledge:

• Strong numerical skills and demonstrative ability of working with statistical information.
• High levels of computer literacy especially with regards to SAP HR & MS.
• Good knowledge of HR processes.
• Analytical ability & attention to detail.
• Emotional maturity.
• Ability to manage multiple tasks simultaneously with a strong sense of urgency and schedule adherence.
• Ability to integrate information from different sources & to anticipate its consequences or impact on each other.

Role model for the Bayer LIFE Values, Leadership, Integrity, Flexibility and Efficiency.

• Knowledge of the Bayer Group organization and processes.
• Leadership skills including Self-management.
• Communications Skills at all levels.
• Capability to work in a multicultural environment.
• Good understanding of financial impacts derived from HR decisions and policies.
• Conceptual thinking and problem solving skills.
• General business acumen.
• Ability to collaborate and communicate effectively with a wide variety of stakeholders across multiple functions and regions around the world.
• Demonstrate analytical skills, structured approach, proactive and self-motivated.
• Process-management skills with focus on simplicity and efficiency.
• Computer skills: MS Word, MS Excel, MS PowerPoint, SAP HR.

Please attached a MS Word or PDF copy of your CV to your application.