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26 Oct 2023

Head of Compensation and Benefits at OutsideCapital

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Job Description

OutsideCapital is level BBBEE2 executive search and recruitment advisor that specialises in building South Africa’s foremost accounting firms, management consulting houses, banks, insurance companies, corporates and listed organisations.

Summary

As the Head of Compensation and Benefits, you will play a crucial role in designing and developing the reward structures and guidelines for our client. You will have the opportunity to shape the compensation and benefits strategy, ensuring a holistic approach that includes non-monetary benefits and employee wellness initiatives. This is a key leadership position within the HR team, where you will collaborate with stakeholders to enhance the overall employee experience.

Responsibilities:

  • Develop and implement compensation and benefits strategies in collaboration with HR Country Leads
  • Design and improve short, medium, and long-term incentive schemes for key skills
  • Conduct market research to benchmark compensation and benefits practices
  • Coordinate with Remco to document findings and prepare benchmarking reports
  • Update policies, processes, and guidelines related to compensation and benefits
  • Manage annual salary and bonus review cycle, ensuring affordability and alignment with market rates
  • Provide guidance on employee salary packages, promotions, and other compensation-related matters
  • Collaborate with Country HR Leads on the implementation of reward and benefit programs
  • Resolve escalated employee queries related to rewards and benefits
  • Build and maintain relationships with third-party vendors and salary survey providers
  • Lead the employee wellness program as part of the overall employee value proposition
  • Explore non-monetary benefits to enhance the EVP without adding costs
  • Lead and develop a team of Compensation and Benefits Analysts

Requirements:

  • BSc in Human Resources Management, Organizational Psychology, Finance, or related field
  • Professional membership of a remuneration body/association is highly advantageous
  • 5-7 years of experience in HR compensation and benefits
  • Strong knowledge of job evaluation methodology and international labor laws
  • Proven expertise in rewards and benefits strategy development and implementation
  • Strategic thinking and design thinking skills
  • Excellent interpersonal and communication skills
  • Ability to thrive in a high-ambiguity environment
  • Fluency in English is required, conversational French is a plus


Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 15 November. 2023





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