Head of Total Rewards

HugoBank

  • Karachi, Sindh
  • Permanent
  • Full-time
  • 1 day ago
  • Apply easily
The incumbent is responsible for designing, developing and executing reward solutions/programs as well as analysing compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan. Also, the person is responsible to support HRBP team in change management and Headcount Budgeting & Planning.Requirements
  • Develop and implement Total Reward Framework that attracts and retains the right talent.
  • Develop customized reward solutions, participate in salary surveys, maintain salary equity across organization and propose revision in salary structure if needed.
  • Design, evaluate and modify benefits policies to ensure that benefits provided are current, competitive, and in compliance with legal requirements.
  • Provide expert advice on Total Rewards & Polices, Headcount Budgeting & Planning and Change Management.
  • Develop methods to improve employment policies, processes, and practices, and recommend changes to management.
  • Formulate policies, procedures and programs for manpower planning and prepare budgets.
  • Oversee timely roll out for HR Automation as well as System Configuration.
  • Review payroll, loans, payments, settlements and reconciliation of employees.
  • Provide expert guidance and devise plans on reorganization as well as restructuring of the organization when needed.
  • Ensure execution of smooth HR operations related to contracts with vendors.
  • Ensure preparation of proposals/presentations for Board & People Committee in a timely manner.
  • Ensure timely preparation and submission of monthly reports pertaining to reward policies.
  • Ensure smooth functioning and improve inefficient systems and processes within the reward and budgeting area.
  • Ensure effective conflict resolution on departmental as well as divisional level.
  • Carry out any other task assigned by Chief Human Resource Officer.
  • Incumbent shall be responsible to adhere by Telenor Microfinance Bank Behaviours (Be Respectful, Keep Promises, Always Explore and Create Together) in all aspects of his/her work conduct.

HugoBank