Reward Analyst

TFG (The Foschini Group); Wes-Kaap; On-site; ZAR 300,000 - 540,000; Full time

Job summary

TFG (The Foschini Group) seeks a Reward Analyst to enhance employee engagement within its HR Shared Service team, supporting remuneration initiatives. This role involves remuneration analysis, legislative reporting, and stakeholder collaboration, requiring a relevant degree and intermediate Excel skills within a dynamic retail environment.

Qualifications

• 1-3 years of relevant reward experience, preferably in a corporate environment.
• Ability to operate in a complex environment with highly demanding stakeholders.
• Strong ability to build and manage relationships at all levels.

Responsibilities

• Assisting with legislative reporting and data verification.
• Conducting monthly remuneration audits and supporting annual review cycles.
• Administering variable pay and supporting reward communication.

Skills

Accountability

Communication

Relationship Management

Market Insights

Analytical Skills

Education

Relevant Degree

Tools

Excel

Job description

Job Description

We have an exciting opportunity to join our team as a Reward Analyst. As a valued member of our HR Shared Service, you will play a pivotal role in providing exceptional service and fostering an outstanding employee experience for our diverse workforce of over 40,000 individuals.

The remuneration team supports the delivery of remuneration initiatives for The Foschini Group.

The Reward Analyst is responsible for assisting with remuneration analysis within the organization. This role focuses on implementing reward strategies that align with the company's objectives and enhance employee engagement and retention. The Reward Analyst will work closely with various stakeholders to ensure that reward programs are competitive, fair, and aligned with the company's goals.

Key Responsibilities

• Assisting with legislative reporting, including data verification and testing of reports
• Supporting annual review cycles
• Conducting monthly remuneration audits
• Assisting with package calculations for new hires and internal employees
• Administering monthly prestige conversions
• Supporting external surveys and benchmarking
• Assisting with retrenchment calculations
• Administering variable pay
• Supporting reward communication
• Providing adhoc assistance with reward projects
• Assisting with data collation

Qualifications

• Relevant Degree
• 1-3 years of relevant reward experience, preferably in a corporate environment
• Intermediate Excel skills
• Ability to operate in a complex environment with highly demanding stakeholders
• Strong ability to build and manage relationships at all levels

Skills

• Accountability and ensuring delivery to SLAs
• Ability to interpret and simplify complex remuneration information
• Building trust through honesty and integrity
• Clear, concise, and impactful communication
• Willingness to take on new challenges with urgency and eagerness

Behaviours

• Business Insight: applying market and business insights to drive organizational objectives
• Effective Communication
• Accountability: taking responsibility and ensuring others meet performance targets
• Building Trust: inspiring confidence through honesty and integrity
• Managing Complexity: interpreting and simplifying complex information
• Optimizing Work Processes
• Planning and Alignment with organizational goals
• Tech Savvy: leveraging technology to enhance productivity and support growth

Preference will be given to candidates from designated groups in terms of the Employment Equity Act.

About Us

Who we are is because of our people. They are our greatest asset. TFG is an internationally diversified retail portfolio of 34 specialty lifestyle and apparel brands that Inspire our Customers to live their Best Lives. Our vision is to create remarkable omnichannel experiences. TFG is more than a workplace; it's a launchpad for growth. Join us and explore endless opportunities across our diverse brands. We’re a purpose-led business, and on this team, you’ll share the pride of making an industry-wide impact.

About The Team

The HR team focuses on creating the best experience for employees, covering talent acquisition, onboarding, performance management, development, career progression, employee relations, and remuneration.