Total Rewards Executive

Durban, KwaZulu-Natal
Permanent
Full-time

2 months ago
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Our client, market leader in the Supply Chain industry, is looking to hire a Total Rewards Executive, based in DurbanAs a crucial part of the Human Resources team, the Total Rewards Executive oversees the organization's compensation, payroll, and benefits initiatives. This position demands a strategic mindset, adeptness in compensation and benefits practices, and proficiency in data analysis to guide informed decisions. Collaborating closely with senior management, the Total Rewards Executive shapes and executes total rewards strategies aligning with the organization's aims and targets.Duties and Responsibilities:Compensation Management:

Develop and implement compensation strategies that align with the organisations goals and objectives
Conduct market research and analysis to ensure the organisations compensation packages are competitive
Manage the annual salary review process, including budgeting, analysis and communication
Develop and maintain job descriptions and salary structures

Payroll Management:

Oversee the payroll process, ensuring accuracy and compliance with all relevant laws regulations
Manage payroll vendors and systems, ensuring they meet the organizations needs
Develop and maintain payroll policies and procedures

Benefits Management:

Develop and implement benefits strategies that support the organisations goals and objectives
Manage the organisations benefits programs including health, retirement, and wellness programs
Conduct regular audits of benefits programs to ensure compliance with all relevant laws and regulations

Data Analysis and Reporting:

Analyse compensation and benefits data to identify trends
Develop and maintain reports and dashboards to track key metrics and communicate results to senior leadership

Compliance:

Ensure compliance with all relevant laws and regulations related to compensation, payroll and benefits
Remain up to date on changes in laws and regulations and make recommendations for changes to policies and procedures as needed

Employee Communication:

Develop and maintain communication strategies to ensure employees understand compensation and benefits packages
Provide guidance and support to employees on compensation and benefits related questions and issues

Minimum Requirements:Education and Experience:

Bachelor's degree in Human Resources, Organisational Development, Business Administration or a related field
Minimum 10 years' experience in Organisational Development, Talent Attraction, Talent Management, Performance Management, Change Management, Leadership Development, BBBEE and Employment Equity
Strong understanding of best practices in Organisational Development, Talent Attraction, Talent Management, Talent Retention, Performance Management, Change Management, Leadership Development, BBBEE and Employment Equity
Certified Compensation Professional (CCP) / Certified Benefits Professional (CBP) designation preferred

Knowledge and Skills:

Strong Communication, Interpersonal, Problem-Solving, Time Management skills

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