Cape Town: Head of Compensation and Benefits posted by abc worldwide
Posted on 2025-05-28 00:00:00
Employer | abc worldwide |
---|---|
Category | Other IT/Computer |
Location | Western Cape / Cape Town |
Job Summary
Head of Compensation and Benefits
Location – Cape Town CBD
Mon – Fri working hours
Role details
This position will be responsible for designing and implementing all aspects of the employee rewards programs, including compensation, benefits and short -term incentives. The incumbent will also, in partnership with the Global Rewards team, lead, review and design of C&B policies to ensure that the compensation and benefits practices of the organization are internally equitable, market competitive and aligned with the company’s performance and affordability.
The ideal candidate will have a deep understanding of external best-practices and reward strategies combined with a track record of conceptualizing successful strategies, developing and leading action plans, and the ability to execute and operationalize in a scalable way to amplify Business productivity and sustain a high performing culture that attracts, motivates and retains talent.
Benchmarking of salary/benefits data and participation in regular/industry/forum level surveys.
Drive and manage annual processes like Merit Increase, Bonus and Equity.
Monitor, evaluate and design Hiring Ranges with Recruitment, HRBP and Business.
Manage and execute long and short-term incentive plans. Also, monitor and evaluate effectiveness of STI (Bonus, P4P, sales Commission)/LTI (Equity) plans.
Liaise with Compliance team and ensure compliance with regulations and company policies in compensation decisions.
Design, upkeep and update C&B policies. Ensure effective and timely communications to employees.
Partner with Global Rewards team to develop monthly/quarterly dashboards and analysis.
Work closely with the finance team on Budgeting and Pricing of jobs.
Manage the data processes required by internal and external sources, including resolving data errors and partnering with HR shared services as needed.
Prepares reports and analysis of compensation data. Partner with HR Business Partners and Management to review findings and recommendations
Partner with other HR team members/leaders and functional areas to investigate and resolve escalated employee issues.
Competencies, Skills and Values & Behavior
Knowledge of the industry, local legislation and HR statutory compliances
Strong data acumen
Relationship Management
Strong decision-making ability
Strategic and commercial thinking
Experience implementing cost-saving methods and improving operational efficiency.
Ability to communicate in a clear and confident manner.
Ability to elicit cooperation from teams, management, and external stakeholders.
Experience building and cultivating effective working relationships with multiple stakeholders (internal & external)
Effective conflict management and negotiation skills
Minimum Requirements
10+ years experience in Compensation and Benefits with minimum 3+ years of leading the function.
Should have strong analytical and advanced Excel skills.
Excellent written and verbal communication and influencing skills with strong presentation skills.
Strong stakeholder relationships/other partnerships experience within a global setting.
ITES/KPO/Analytics Industry background
Understanding of tools like Tableau, Power BI, Qlik sense etc.
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