Overview
Consultant, Reward Jobs in Johannesburg at Standard Bank
Job Overview
Business Segment: Group Functions
Location: ZA, GP, Johannesburg, 30 Baker Street
Job Type: Full-time
Job Ref ID: 80357052A-0002
Date Posted: 6/20/2025
Job Description
To provide credible and effective advice to drive the reward proposition for Business Unit’s People Strategy. Provide best practice research and understanding of the competitive markets and industry practices. This role advises the Business Unit on all remuneration related matters.
Qualifications
Minimum qualifications
Minimum of a Business Commerce / Social Science degree
In addition, must be a Certified Global Remuneration Professional (GRP) – World at Work
Experience required
Minimum of 5-7 years experience in designing and implementing remuneration solutions and frameworks, preferably with an international footprint in a Finance Services organisation, with experience been gained in providing specialist consulting advice in a medium or large organisation or working for a specialist reward consulting organisation.
Prior experience with benchmarking remuneration policies and practices to ensure market competitiveness for the Business Unit, while ensuring that there is alignment to Group imperatives.
Ability to use the outputs of benchmarking to inform recommendations made to the business to ensure market competitiveness for the area of responsibility.
Apply remuneration best practice and latest developments, as well as changes to relevant laws and statutory regulations to ensure that reward policies, processes and procedures align and remain compliant.
Promote the Reward Governance Framework (Remco delegated authority levels), Remco standardised reporting for the year-end review process and any other ad hoc reports to ensure that there is consistency in the manner that reward data is presented.
Advise on remuneration recommendations to ensure that they are in-line with the relevant policies and frameworks. Manage the provision for the development, maintenance, amendment, and discontinuation of People & Culture Reward related policies.
Provide proactive technical and expert advice to Business Heads and other key stakeholders in support of the development, design and implementation of a fit-for-purpose BU reward strategy, aligned to Reward Philosophy.
Additional Information
Behavioural Competencies:
Adopting Practical Approaches
Convincing People
Developing Expertise
Embracing Change
Empowering Individuals
Exploring Possibilities
Generating Ideas
Producing Output
Providing Insights
Taking Action
Understanding People
Upholding Standards
Technical Competencies:
Compensation and Benefits
International Remuneration
Performance Management
Reward Analysis
Reward Benchmarking
Stakeholder Management
Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or [email protected]
Title: Consultant, Reward
Company: Standard Bank
Location: Johannesburg