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A major telecommunications company in Johannesburg is seeking a Compensation and Benefits Consultant. This role focuses on implementing effective compensation frameworks, aligning with business strategies, and managing the financial aspects of compensation programs. Candidates should have at least 5 years of relevant experience and familiarity with South African laws. An ideal applicant holds a tertiary degree related to Finance or Human Resources and must demonstrate strong analytical and project management capabilities.
MTN SA is an Operating Company (Opco) of MTN Group. MTN SA HR is governed by MTN Group’s policies, framework and
methodologies. MTN SA is entering a new phase in its lifecycle where operational and commercial excellence has become critical for success. The urgency for change has become more heightened amidst increased competitive intensity. The Compensation and Benefits Consultant must therefore ensure the successful delivery in context of :
An expertise-based multicultural organisation
A dynamic and evolving field of Telecommunications
Revolutionary workforce practices which are bringing together labour markets
Management of executive and local shareholder expectations
Achievement of top quartile operating efficiency and effectiveness through scale and common policies and processes
Dynamic legal and regulatory environment
Convergence in markets and exploration of non-traditional revenue streams requiring complex interpretation and structuring
Evolving industry sector constantly presenting new challenges and opportunities to the core businesses
Rapid horizontal and vertical expansion of MTN SA, in terms of size, products, customers and geographic distribution
The Consultant-Rewards will be accountable to achieve the following objectives :
Support the alignment of the functional strategy in line with the overarching MTN SA and cascaded MTN Group business goals
Ensure effective implementation of the strategy by means of providing direction, structure, frameworks, models, plans and roadmaps for the portfolio
Assist the Senior Manager with the functional implementation roadmap to ensure its alignment with the MTN SA business strategy and Group HR strategy while considering the changing dynamics of the internal and external ecosystem
Hold tactical meetings, ensure relevant participation and provide guidance and input in the various discussions
Implement MTN SA wide transformation initiatives, elicit inputs from relevant parties and Group HR guidance on Global HR transformation initiatives
Implement adequate risk mitigation and controls and elicit inputs from relevant parties
Initiate approval process on new initiatives
Prepare proposals of related initiatives within the sub-stream
Escalate issues that within area of responsibility will result in severe time, scope, productivity, and cost or resource impact
Provide solutions, within DOA, to escalations that have multiple processes / functions impact on critical path of service delivery
Report on a periodic basis to the SM Total Rewards relating to progress made within the function and in accordance with the measurement metrics set by the organisation
Report on an ad hoc basis on specific projects, as required
Portfolio budgets
Develop and manage portfolio budgets in line with business objectives
Ensure that the cost of operations are reduced, in line with a least cost operating strategy stemming from the business drivers
Implement the Compensation and Benefits reward framework in the Opco as per Group guidelines
Implement and maintain the Rewards governance platform in line with MTN Group policies, across business to drive internal and regulatory compliance, cost target efficiencies, functional performance, technical resolutions and exchange of practices
Proactive evaluation and reporting of relevant rewards performance (financial and non-financial) metrics to enable timely course correction, programs and initiatives for the portfolio
Promote Rewards advisory services based on MTN Group standards for compensation and benefits
Support MTN SA REMCO and other compensation related local governance committee presentations
Support Group HR with information and MTN SA related support for Group REMCO and other Group Governance committee presentations
Monitor business impact of rewards programs
Liaise with Group HR for ad hoc salary increases and payouts
Ensure compensation and benefits audit and compliance readiness across MTN SA
Support and manage the deployment of integrated compensation and benefit programs; base pay and incentive pay plan, reward levels based on MTN Group defined framework and guidelines
Manage the implementation of MTNs Compensation & Benefits policy and ensure 100% compliance to Group defined Compensation & Benefit policies and guidelines
Support and manage the rollout of MTN Group Compensation and Benefits Analytics frameworks to assess performance of the function and impact on MTN SA
Monitor the Group HR defined process to define the bonus and salary increase plans, approvals, guidelines, eligibility criteria and modelling across MTN SA
Support and manage the adoption of MTN Group defined total rewards optimization strategies across MTN SA
Actively contribute to the talent attraction and retention strategy through to design of innovative compensation and benefits programs with support from Group Rewards team where required
Provide recommendations and solutions to technical complex resolutions to the Rewards team to effectively execute on its objectives
Conduct periodic evaluations for the portfolio and share results with Expertise verticals. Provide specialist and professional input to reward solutions, strategies and ensure appropriate actions are taken (. Salary Plan review, Employee Cost Assessments, Top 300 Salary Review)
Support the monitoring of financial controls with regard to Payroll and to ensure independent reviews and reconciliations on payroll data are conducted
Consult with and advise employees on eligibility, provisions, claim resolution and other matters related to compensation and benefits
Ensure timely termination of employees’ benefits upon completion or termination of employment contract
Operationally manage third party vendors for compensation and benefits
Competencies :