Role Purpose Supervises remuneration activities in VFEG to ensure highest employee satisfaction while compensating them justly and fairly, best business interest fulfilment and VFEG assuring its leading position in VFEG as one of the "Employers of Choice"
Role Profile - Insure and implement all programs and plans that support Reward and Recognition.
- Monitor the efficient implementation of reward policies.
- Supervise and revise participating in salary surveys and develop analysis to ensure our position to market is reported accurately.
- Suggest remuneration schemes which maintains a competitive position within the market ensuring we retain and attract top talents.
- Monitor and ensure efficient use concerning late hiring, savings and accruals.
- Planning and Preparing the annual Salary Budget
- Planning, creation and implementation the annual increase for the company with group reward team & HRBPs.
- Suggest packages for new hires on job offer proposals based on VFEG salary scale, market practices and peers ensuring internal and external equity is maintained
- Ensure timely delivery of monthly reports to include transfers, salary adjustments, change of titles or change of commission scheme.
Competencies and Qualifications - Strong data analytics skills
- Strong stakeholder management through a consultative and inclusive approach
- Strong operational focus, combined with technical and business acumen
- Excellent communication and interpersonal skills
Desired Candidate Profile
Must have technical / professional qualifications:
- Excellent Excel knowledge
- Towers Watson methodology knowledge
- 4-6 years of HR experience