Job Description

To provide a professional reward and benefits analytical service to the reward team and cluster Human Resources teams by means of identification of needs, best practice research and benchmarking, data analysis and effective management of related HR systems in support of the implementation of the Nedbank remuneration policy and associated practicesJob ResponsibilitiesManage operating costs in areas over which the incumbent has control by adhering to the budget.Support the bonus and rewarding process by distributing the required bonus amount to departments every four weeks.Support cluster Human Resources and Management Information teams though providing specialist/technical data in support of their human capital measurement.Support the governance related reward processes through development and delivery of core reports in support of the various committees' oversight mandates.Support the Reward Analytics team in the delivery of integrated remuneration analysis and benchmarking through collaboration and knowledge sharing.Assist the Reward and Performance Consulting/Advisory teams by providing standardised and customised analytics and benchmarking products to support solution generation.Support the delivery of core remuneration related data by using the prescribed reporting/presentation formats, which enables reporting to key external stakeholders.Enable the delivery of the annual pay review process through the delivery of reward analytics (reactive and proactive) which supports business decision making processes.Manage underlying remuneration enabling systems by scoping, implementing and testing related technology solutions.Manage the execution of the core remuneration benchmarking processes, through engagement with survey vendors.Implement reward processes in line with Nedbank's integrated risk management framework by ensuring control systems/processes are operational.Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending refresher training sessions on latest industry trends.