Lead, Total Rewards

Position Summary

The Lead, Total Rewards plays a pivotal role in designing and implementing compensation and benefits programs that support the organization’s goals and employee value proposition. Reporting to the Manager, Total Rewards, this position focuses on aiding in the creation of competitive reward structures and managing employee insurance schemes to attract and retain talent in alignment with regulatory standards.

Core Responsibilities

• Develop and maintain policies, procedures, processes, and systems consistent with the group’s delegation of authority and ensure compliance with all pertinent legislative and procedural requirements.
• Timely completion of reports adhering to company standards to keep senior management updated on various initiatives and support effective decision-making.
• Assist in implementing the total rewards strategy encompassing compensation, benefits, recognition, and employee wellbeing programs to enhance workforce satisfaction.
• Collaborate closely with senior leadership and Manager to ensure alignment of reward programs with organizational culture and strategic objectives.
• Support the annual compensation review process including salary structure updates, merit increases, and performance-based pay to maintain market competitiveness and fairness.
• Help evaluate and develop incentive programs like bonuses and profit-sharing aligned with performance criteria.
• Contribute to the assessment and enhancement of employee benefits such as health, retirement, and wellness offerings, ensuring competitiveness and compliance.
• Assist in designing and administering employee insurance programs compliant with regulations and organizational goals.
• Manage relationships with insurance providers and vendors to ensure quality service and effective contract negotiations.
• Facilitate communication strategies educating employees on insurance benefits and enrollment processes.
• Analyze market trends and benchmarking data to ensure total rewards schemes meet employee expectations and remain competitive.
• Ensure compliance with all compensation and benefits-related laws and regulations to minimize risk.
• Coordinate with HR and Talent Acquisition to align rewards strategy with talent management and retention initiatives.
• Prepare reports and deliver insights to senior leadership providing data-driven recommendations for optimization of total rewards programs.

Health, Safety, and Security Responsibilities

• Adhere strictly to all health, safety, and risk management policies of the company.
• Take proactive steps to safeguard individual and collective health, safety, and security at the workplace.
• Report any potential risks, hazards, or incidents promptly to the line manager.
• Ensure no intentional interference with safety equipment or procedures occurs.

People Leadership and Cultural Contributions

• Engage in continuous professional development while supporting decisions aligned with organizational integrity and transparency.
• Participate in talent management programs aimed at skill development and career growth.
• Model and promote organizational values fostering collaboration and innovation within the team.
• Facilitate clear communication to enhance informed decision-making and alignment across organizational levels.