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Senior Reward Solutions Specialist

Senior Reward Solutions Specialist
Company:

The Shoprite Group Of Companies


Details of the offer

Role PurposeThe Senior Reward Solutions Specialist is responsible for collaborating closely with the Group Rewards Solutions Lead to develop and implement comprehensive reward strategies, policies, and frameworks. This role assumes accountability for managing specific aspects of reward and benefits programs, conducting in-depth research, and providing expert guidance to stakeholders. Reporting directly to the Group Rewards Solutions Lead, the Senior Reward Solutions Specialist plays a critical role in shaping the organisation's reward landscape and ensuring alignment with industry best practices.Role DescriptionStrategic Support:Assist the Group Reward Solutions Lead in developing and implementing reward strategies, policies, and frameworks. Provide insights and recommendations on reward program design, including Short-Term Incentive (STI) structures and employee benefit packages. Apply and provide input to the Rewards Strategy, policies, procedures, and frameworks for the Shoprite Group.Review and update existing short and long-term incentives plans to ensure alignment with Shoprite Group objectives and design new incentive plans where required.Develop retention and scarce skill reward strategies for identified positions in collaboration with Talent Solutions.Develop different types of work models and related remuneration and benefits models in collaboration with Organisational Effectiveness.Grade jobs in accordance with Job Evaluation policy in collaboration with Reward and Organisational Effectiveness.Define mitigation plans to manage reward risks.Support the Payroll, Benefits, and Compensation execution teams as required.Research and Analysis:Conduct research and analysis on industry trends, benchmarking data, and regulatory requirements to inform decision-making.Stay abreast of emerging practices and developments in the field of reward management to drive innovation and continuous improvement.Cross-Functional Collaboration:Collaborate with cross-functional teams to ensure alignment and integration of reward programs with other HR initiatives, such as talent management and organisational development.Foster strong partnerships with internal stakeholders and external partners to facilitate effective communication and collaboration on reward solutions initiatives.Stakeholder Engagement and Training:Engage with internal stakeholders and external partners to ensure effective communication and collaboration on reward solutions initiatives.Provide training and support to People Partner teams, managers, and employees on reward solutions-related matters, ensuring understanding and adoption of program features.Qualifications and experienceBachelor's degree in Human Resources, Business Administration, Finance, Accounting, or related fieldA Master's degreeProfessional certification with SARA+4 years of specialist level experience in reward management, compensation, or related fieldsProven track record of hands-on execution in designing, implementing, and administering comprehensive rewards, recognition, and benefits programsExperience in stakeholder engagement, and process improvementExperience in a Retail / Wholesale / Financial Services industry Our Group is committed to creating, embracing, and preserving a diverse workplace that values the unique talents, perspectives, backgrounds, and abilities that enrich our organisation. A place where everyone matters and feels included.We are committed to Employment Equity when recruiting internally and externally.Please take note that by responding to this application and providing your personal information, you confirm your express and informed consent for Shoprite Checkers (Pty) Ltd and all its subsidiaries and affiliates companies to process your personal information for the Company to consider your application for this position. All Personal Information which you provide to the Company will be used and/or retained only for the purposes for which it is collected, whereafter it will be permanently destroyed. Your information is only retained if it is required by law or where you have given consent to us to retain such information for an extended period.If you don't hear from us within 14 days, please consider your application unsuccessful. Any personal information collected as part of your application will be destroyed, securely, in accordance with South African legislation..#J-18808-Ljbffr


Source: Whatjobs_Ppc

Job Function:

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Senior Reward Solutions Specialist
Company:

The Shoprite Group Of Companies


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