Head, Group Benefits Design

Job Description

Job PurposeTo 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/AccountabilitiesDataAnalyse 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.Financial ManagementDetermine 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.PeopleDesign innovative, data backed Employee Benefit programs and initiatives which are aligned to the Group Benefits Strategy and that will meet the needs of employees to drive the engagement and motivation of employees.Conduct in in depth research studies into the motives of employees and use the insights gained to inform benefits programs that will drive the behaviors necessary for the success of the organisation.Research global trends in employee engagement and benefit programs, benchmarkStandard Bank's programs and where appropriate, introduce global best practice to position Standard Bank as an employer of choiceConduct research on the global and local economic climates and articulate the impact thereof on the Employee Benefits programs in order to drive the development of resilient plans that will continuously benefit the employees.Build the frameworks and toolkits that Human Capital teams can localize to adapt benefits programs and initiatives to their individual functional or geographical areas to ensure that nuances are considered and that the most appropriate programs are implementedDrive the socialization of the new and innovative benefits and initiatives both internally and externally to further promote Standard Bank as an employer of choice to attract and retain top talent.

Responsibilities + Skills

Education

Experience

Morethan 10 years extensive experience in developing benefits and rewards programs with a particular focus on behavioural science in the workplace.

Job Summary

  • Published on: Tuesday, 13th October 2020
  • Designation: Head, Group Benefits Design
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: 0
  • Gender:
  • Application Deadline: Tuesday, 13th October 2020

About the Company

  • Company Name: Standard Bank Group.
  • Address: 9th Floor 011 636 9111/2 SBZAZAJJ Standard Bank Centre 5 Simmonds Street Johannesburg 2001 P O Box 7725
  • Website: https://www.standardbank.co.za
  • Company Profile:
  • To provide design and build decision agents and Credit process requirements for all Personal and Business products across the risk lifecycle for a particular stream (i.e. origination, account management and collections - to be customised per jobholder). This includes the process design of the end-to-end solution and working closely with appropriate Architectures (e.g., IT, Credit, Business, Data, etc.) to formulate sustainable strategic solutions.

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