Total Rewards Lead

• 1. Policies and Procedures

• Provision of a comprehensive total rewards solution for the organization.
• Lead the review of the remuneration strategy, remuneration policy, remuneration systems, and guidelines.
• Guide and assist in the development, implementation, and administration of rewards and employee benefits policies.

• 2. Remuneration

• Serve as a liaison with reward companies on compensation and benefits issues for salary benchmarking purposes.
• Conduct market analysis and ensure that all programs (pay structures, benefit plans, etc.) are competitive.
• Engage in wider remuneration and benefits communities and participate in industry activities by providing appropriate insights and inputs.
• Advise the organization on compliance requirements of reward policies, relevant systems and tools.
• Monitor the impact on budget and payroll margins and advise the organization accordingly.

• 3. Staff appointment analysis

• Provide recommendations on salary offers and promotions following the organization’s policies to prevent anomalies.
• Ensure that the quarterly appointment reports are prepared and analyzed to ensure the effectiveness of our attraction and retention strategy.

• 4. Annual performance reviews

• Manage the organization’s annual performance process, ensuring that contracting and assessments are done periodically.

• 5. Staff turnover analysis

• Ensure that staff turnover analysis is provided quarterly and the organization is informed of major challenges.
• Ensure consolidated turnover reports are submitted annually in preparation for annual increases.
• Establish the effectiveness of the organization’s attraction and retention strategy.

• 6. Benchmarking and survey participation

• Conduct internal and external benchmark studies to ensure that the organization’s salaries, incentives, and retention strategy are competitive and responsive to the market.
• Participate in salary, benefits, and relevant industry surveys and provide a proactive review of market pay and benefit position.
• Participate in salary and wage movement surveys to determine annual increases and prepare annual budgets.
• Oversee that the job matching exercise is done to ensure the accuracy and relevance of the information provided for benchmarking.

• 7. Employee Recognition

• Review the recognition statement document periodically to ensure its relevance and alignment with organizational objectives.
• Ensure alignment between organization-wide and unit recognition statements.
• Facilitate the organization’s wide program biennially.
• Prepare presentations to the organization’s leadership for approval.

• 8. Long-term and short-term incentives

• Review and maintain the awards policy for relevance.
• Develop and maintain short-term incentives for the organization.
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• Lead the promotions cycle processes and provide analysis of the impact of the outcome to ensure efficiency and effectiveness.
• Assist in drafting submissions to the organization’s leadership and BoD.
• Coordinate the annual bonus process and its implementation

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