Human Capital : attracting and retaining key talent, providing learning and development initiatives, governance of performance management and reward schemes, centres of excellence to drive and embed Standard Bank values and culture.
To drive the development of innovative, effective and economically feasible Employee Benefits programs for the Standard Bank Group through the use of internal employee data, global best practice and macro and micro economic trends to contribute to the provision of a compelling Employee Value Proposition, to drive employee engagement, business growth and to position Standard Bank as an employer of choice.
Key Responsibilities / Accountabilities
Analyse vast data sources using various statistical analysis tools relating to the behavior and profiles of Standard Bank employees and use these insight to inform the Benefits program for the organisation.
Determine the short and long term financial implications,of benefits decisions for both the organisation and the employees, with the support of actuarial and other specialists to ensure that all parties get the best value for any investments made.
Risk, Regulatory, Prudential & Compliance
Preferred Qualification and Experience
Post Graduate Degree in Social Sciences
Other Minimum Qualifications, certifications or professional memberships
A post graduate degree in Behavioural science is required for this role
Morethan 10 years extensive experience in developing benefits and rewards programs with a particular focus on behavioural science in the workplace.
Total number of years’ experience : 12 years
Knowledge / Technical Skills / Expertise
Knowledge of international remuneration and benefits strategies, trends, policies, methodologies and procedures. Able to understand international remuneration issues as they may be touch points in terms of cross-geography recruitment and in terms of local foreign hire arrangements.C
Compensation & Benefits
The theoretical knowledge and application of compensation concepts, principles and practices including pay, leave, retirement benefits, medical cover and supplementary employee benefits.
Business Acumen (HR)
The ability to analyse business financial performance as well as competitor and external factors as it would apply to the people practices in the organisation.
The ability to analyse business specific language as well as business processes in order to support them effectively.
The ability to define what is needed from research, manage the project to optimize the effectiveness of the research, analyse the results and use the findings to better inform decisions and actions.