Company Description
iKhokha is a place where chance-takers become change-makers.
At iKhokha, we believe in better.
As you'd expect, our pace is fast-moving and ever-changing.
We like it that way.
As one of the fastest-growing FinTechs in Africa, we've built a team of global change-makers who want to make an impact.
If you believe in a better future, be a chance-taker and help us empower small businesses in South Africa.
Job Description
The iK Talent team is looking for a Reward Manager to elevate our rewards strategy and make a lasting impact.
We need a proactive, detail-driven expert who thrives on crafting meaningful reward frameworks that engage and inspire.
You'll collaborate closely with the business, aligning reward initiatives with company goals and delivering innovative solutions for employees at all levels.
If you're excited by the opportunity to shape and refine a dynamic reward strategy, let's talk!
Responsibilities
- Design and implement impactful cash and non-cash reward and recognition programs, covering salary management, annual bonuses, benefits, and employee recognition.
- Own and refine reward processes and policies, including salary reviews, bonus allocations, job grading, and harmonization.
- Conduct regular benchmarking and salary/benefits surveys to ensure offerings remain competitive and aligned with market trends.
- Design and implement end-to-end compensation and benefits strategies.
- Engage and work with the Executive Team to understand business issues and develop reward solutions that support business objectives and overall strategy.
- Create a reward framework and policy for the business and guide all reward elements (pay, benefits, plans, and policies).
- Implement senior long-term incentive and retention plans.
- Manage the reward aspect of all People policies.
- Develop T&Cs, employee handbooks, and other contractual documents in conjunction with the Talent Ops team.
- Support HRIS and related Reward, Compensation, and Benefits policies in line with the Payroll / Finance team, and contribute to the selection and management of third-party providers including pension, healthcare, and insurance providers.
- Ensure compliance with reward processes, including data processing.
- Produce reward statistical reports and coordinate external market reviews on salary and benefit packages.
- Analyze compensation trends to review and update pay and benefits packages.
- Manage staff pay scales, including identifying and recommending specialists' skills groups.
Qualifications
- Honours or Bachelor's Degree.
- 5+ years of relevant reward experience in a company with a sizable employee base.
- Strong stakeholder management skills at all levels.
- Advanced skills in data analysis and interpretation.
- Experience managing reward projects.
- Ability to work autonomously in a structured manner.
- Strong personality with a 'hands-on' and 'can-do' attitude.
- Understanding of how reward adds value to talent and employee engagement.
- Strong numerical and analytical skills.
- Knowledge of the South African market.
- Ability to work under pressure.
Additional Information
- Work in a high-growth company with tangible results you're accountable for.
- Enjoy hybrid, remote, and in-office work models.
- Competitive remuneration and benefits, including reduced Gap cover rates.
- Medical Aid and Group Risk scheme contributions.
- Visionary leadership.
- Seize the opportunity for study leave.
- Access to on-demand learning.
- Experience a friendly, collaborative culture with a team of all-round-lekker humans.
- If you're at HQ, coffee on tap and a selection of hot beverages provided by our onsite Barista.