Total Rewards Analyst - Steenberg, South Africa - Exceed Recruitment and Human Resource Consultants

Exceed Recruitment and Human Resource Consultants
Exceed Recruitment and Human Resource Consultants
Verified Company
Steenberg, South Africa

3 weeks ago

Thabo Mthembu

Posted by:

Thabo Mthembu

beBee Recruiter
Description

Reference:
MLR 7585


Consultant:
Michelle le Roux


Location:
Steenberg / Hybrid


Descriptions:


In conjunction with the Senior HR Business Partner maintains, updates, develops, monitors, implements and manages new and revised compensation programs, policies, and procedures in order to be responsive to the company's strategy and goals.

Responsible for ensuring compensation programs are consistently administered in compliance with the company remuneration strategy, policies and related governing principles

Monitors the effectiveness of existing compensation policies and procedures while recommending plan revisions or new plans consistent with company objectives or compensation trends.

In conjunction with the Senior HR Business Partner provides research, recommendations, on pay decisions.
Oversee calculations and processing of payroll information i.e. increases, earnings, deductions, perks tax, allowances, bonuses, BCEA leave, movement of staff (transfers, promotion, resignations, retirements, etc), administrative procedures and complete documentation regarding movements
Responsible for calculating and administering short term incentives such as 13th cheques, management bonuses, retention bonuses and other variable pay schemes
Maintain documentation relating to the Lupin ESOP scheme
In conjunction with the Senior HR Business Partner & CFO Review final pay run, print reports and payslips and ensure backups of monthly payruns
In conjunction with Finance reporting team conduct and review reconciliation reports
Support staff in understanding their payslips including deductions
Liaise with Finance, auditors and other third parties regarding payroll issues
Attend to any other payroll related responsibilities as required, including confirmation of employment
Understand and interpret statutory requirements and how these impact on company benefits (e.g. pension/ provident fund, medical aid, etc).
Review benefit structures. Conduct annual evaluation and reviews of benefits for employees and company and provide reports to management. This includes but is not limited to medical aid and provident fund.
Oversee Retirement Annuity /Provident Fund & Trauma Cover Administration by managing in place SLA (new members, retirement, deaths, status of dependents vs % of benefits allocation)

Along with the Senior HR Business Partner actively participates in the manpower (salary and headcount) budget and midterm (MTP) process including preparing the project plan administering the evaluations, designing the budget sheet, executing the finalized budget, and documenting the process.

Prepares salary analysis reports for EXCO for departmental manpower budgets
In conjunction with the Senior HR Business Partner review and maintain the manpower budget master sheet ensuring alignment with the Chief Financial Officer (CFO) and update the same with recent payroll information
Ensure accurate and up to date submissions for salary surveys, along with relevant fringe benefit and other surveys
Interpret salary survey data and conduct comparisons for individual staff and job families
In conjunction the Senior HR Business Partner with internal & external benchmarking and leads efforts to develop compliant job grades, codes, and salary ranges
In conjunction with the Talent Acquisition and Development Officer ensure that management is consulted on job specifications and requirements in line with the the company's competency framework
Ensure the quality and integrity of job descriptions in line with the company's competency framework
Assist the Senior HR Business Partner in preparing for the annual salary review process, by collating information, conducting analysis and making internal and external comparisons (Compa

  • Ratios)
Assist the talent acquisition process when needed by providing market information along with advice and guidance in this regard
Focus on external market practices and how these affect retention strategies and employee benefits.
In conjunction with the Senior HR Business Partner firm up the recognition framework for the company
Periodically review the recognition framework to ensure its relevance and alignment to organisational objectives
Ensure national alignment of the company wellness, social and recognition programs
Prepare presentations to the organisation's leadership for approval
Key contact for HR systems and interfaces including SAGE People, ESS, Policy Passport etc.
Create and maintain procedure documentation for new and existing systems processes, for use by HR team and internal users
Record, update and maintain employee information in the HRIS system to ensure data integrity
Support Senior HR Business Partner with HR system upgrades and implementation including testing, vendor and employee communication and project management


Qualifications:

Relevant HR or Financial B Degree preferred
SARA affiliation advantageous
SAGE payroll experience of at least two years
Advanced compensation modelling exp
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