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Compensations & Benefits Lead

Prudential plc

Human Resources

2 days ago
New

Job descriptions & requirements

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

We are looking for an ambitious Compensation and Benefits Lead to join our HR team. As a Compensation and Benefits Lead, you will be responsible for overseeing, managing and administering our employees’ rewards, perks and benefits. You will assess personnel needs and draft targeted programs that will increase performance, organizational trust and satisfaction. The goal is to attract, retain and motivate high quality employees while reducing turnover and enhancing our company’s profile as best the place to work.

• Define a fair, equitable and competitive total compensation and benefits package that fits and is aligned to our company’s strategy and business goals.
• Develop a consistent compensation philosophy in line with work culture and organizational objectives.
• Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc).
• Use various methods and techniques and make data-based decisions on direct financial, indirect financial and nonfinancial compensations.
• Assess employees needs by conducting organizational psychology surveys to find out what motivates and engages employees.
• Prepare job descriptions, job analysis, job evaluations and job classifications.
• Support the Chief HR Officer in development of a competitive compensation and benefits strategy to position Prudential Ghana as an employer of choice.
• Participate in salary and labor market surveys to determine prevailing pay rates and benefits.
• Differentiate pay systems to invest in the segments of workforce that contribute the most value.
• Deploy effective communication strategies and success metrics.
• Conduct ongoing research into emerging trends, issues and best practices.
• Conduct periodic audits and prepare reports.

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