Remuneration and Benefits Manager at Telesure Investment Holdings (TIH)

Introduction
Design, develop, implement and manage the remuneration and benefits packages, policies and processes for TIH. Strategically plan and coordinate the remuneration and benefits activities with the aim of ensuring fair and equitable practices that are legislatively complaint and realize the highest return on investment. Conduct research to ensure that TIH remains competitive and relevant within the broader market in order to attract, retain, engage and motivate high performance individuals in support of the overall business strategy.

Specification
Remuneration and Benefits Program Design

• Lead the development and delivery of employee salary structures and benefit programs; identify and respond to the needs of internal stakeholders; ensure attraction and retention of high quality employees and compliance with legal requirements; ensure coherence with the broader HR policy framework.
• Develop, maintain and communicate the Remuneration Strategy to the organisation with the aim of ensuring transparency in all remuneration process.

Incentive Program Design

• Support the design and delivery of variable programs; provide relevant financial, operational, and business performance analyses and insights; ensure business goals are met, the right behaviours are driven and compliance with legislation and market practices.

Annual Pay and Benefits Review

• Design and manage the annual review; specify and communicate the review objectives, process, timing, criteria, and financial parameters; monitor and report on outcomes, initiating remedial actions where appropriate.

Functional Strategy Formation

• Lead the development and implementation of strategy for an important area of responsibility within a function (remuneration and benefits), anticipating complex issues, challenges, and opportunities, and ensuring integration with wider functional strategy.

Leadership and Direction

• Communicate the actions needed to implement the function's strategy and business plan within the team; explain the relationship to the broader organization's mission, vision and values; motivate people to commit to these and to doing extraordinary things to achieve local business goals.

Information and Business Advice

• Provide specialist guidance on the interpretation and application of policies and procedures, resolving complex or contentious queries and issues and enabling others to take appropriate actions.

Performance Management

• Develop and propose own performance objectives; take appropriate actions to ensure achievement of agreed objectives, using the organization's performance management systems to improve personal performance. OR Manage and report on team performance; set appropriate performance objectives for direct reports or project / account team members and hold them accountable for achieving these, taking appropriate corrective action where necessary to ensure the achievement of team / personal objectives.

Organizational Capability Building

• Use the organization's formal development framework to identify the team's individual development needs. Plan and implement actions to build their capabilities. Provide training or coaching to others throughout the organization in own area of expertise to enable others to improve performance and fulfill personal potential.

Budgeting

• Track budget for remuneration and benefits team and report variances to more senior colleagues.

Policy Development & Implementation

• Develop functional or operational policies and help develop policy frameworks for area of responsibility or department. Take responsibility for creating underlying procedures and monitoring their implementation.

Requirements

General Education
Bachelors Degree in Human Resources Management or Finance.
SARA GRP or Professional Member (essential)

General Experience

• Minimum 6 Years Experience In Remuneration And Benefits.
• Managerial Experience
• Minimum 3 years experience in planning and managing a team to deliver predetermined objectives.
• SAQA Accredited Equivalent -It is the onus of the applicant to provide TIH and its subsidiaries with certified evidence that their qualification(s) meet the equivalent NQF level required for this role at time of application.

Closing date: 5/03/2020