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Pakistan Recruitment

29 August 2013

National Foods Limited Karachi

Manager Compensation & Benefits



Industry:                 FMCG

Functional Area:      Human Resources
Total Position:         1
Job Type:               Full Time/Permanent
Job Location:         Karachi, Pakistan
Degree Title:          Minimum - MBA (Finance) or MBA (MIS) from a reputed local / international institution, Preferred – MBA (Finance) with ACCA
Career Level:         Manager
Apply By:               Nov 28, 2013

JOB PURPOSE:

The Reward Manager is responsible for devising Total Reward Strategy of the Company and aligning policies, procedures and programs on pay, grading, reward, recognition and benefits. The incumbent will manage the Annual Compensation Review process, for attracting, recognizing, rewarding and retaining the right talent based on their performance.

KEY RESULT AREAS:
  • Devise Total Reward Strategy of NFL to implement performance driven rewards and recognition, aligned with Company’s medium and long term objectives (Vision 20/20), through incremental change for competitive standing in the market.

  • Review current reward policy and practice and recommend comprehensive remuneration solutions, which reward high performers, ensure their retention and are fair, equitable and competitive across the Company.

  • Participate, on behalf of NFL, in Salary and Benefits surveys; analyze results and propose appropriate programs and changes to provide competitive edge.

  • Represent as team lead, in annual budgeting process including preparation and management of Head Count and Operational Budget, and other functional budgets.

  • Manage a company-wide job evaluation programme for Management employees to ensure the development and implementation of an open, transparent and objective organization-wide pay-scale system.

  • Provide expertise and consultancy advice to Senior Management on all pay, reward and benefit matters.

  • Complete the Annual Compensation Review (Increment & Pay-for-Performance) process by preparing reports for senior management consideration, liaising with all HRBPs and drafting the business case and metrics documentation for timely submission to Treasury.

  • Advise GMHR in linking Performance Development Plan (PDP) and Talent Review with Compensation and Total Rewards.

  • Manage and ensure update of Organization Management, Manpower Planning, budgets and employee data in SAP-HCM.

  • Review and improve the processes and delivery of Medical & Life insurance services, Club Memberships etc.

  • Work with IT team and SAP consultant(s) to develop HR modules (all functions) in SAP for efficient disposal of transactions.

  • Manage routine and annually recurring documentation i.e. transfer and relocation, increments, promotions, reassignments etc.
  • Ensure the provision of payroll services to all NFL employees, utilizing the SAP – ERP to provide accurate and up-to-date data.
  • Conduct HR Audit to review and monitor compliance of HR’s transactional procedures as per Company policies and law; represent HR team internal and external audits to ensure zero non-compliance throughout the year.

ASSIGNMENT AND REVIEW OF WORK:
  • Provide role clarity to all team members through updated job descriptions.
  • Monitor work at each major step against set KRAs and KPIs.
  • Advise team on matters of bottlenecks and non-compliance in routine tasks.
  • Lead and direct team on projects, by assigning individual / sub-team roles.
  • Review performance of team members against objectives and behavioural competencies and recommend rewards/recognition accordingly.

MOST CHALLENGING/DIFFICULT PARTS OF THE JOB:

  • Understand the historical perspective of remuneration in the Company and devising reward strategy, which creates understanding towards incremental effect, instead of resistance to change.
  • Succeed in creating buy-in of all stakeholders, when a change in Reward Strategy or Element is proposed.
  • Develop systems and processes to ensure business continuity and data integrity for effective decision making / legal compliance.
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