Chief (Total Rewards and Performance Management Officer) at The African Development Bank
Employment Nigeria
24-May-2017
AFRICA ,
Banking and Finance
African Development Bank (AfDB) - the premier pan-African development institution, promoting economic growth and social progress across the continent.
POSITION : Chief - Total Rewards and Performance Management Officer
DESCRIPTION
- Provides strategic and operational leadership in the design, development, implementation, administration, and communication of our Total Rewards programs and Performance Management in the Bank.
- Oversees and administers the employees’ monetary and non-monetary rewards and benefits by assessing and understanding employee needs and designing targeted programs that will increase performance, organizational trust and satisfaction.
- ensure effective staff engagement and our ability to attract, retain and motivate high quality employees while reducing turnover and enhancing the Bank’s profile as best place to work. He/she manages the Total Rewards & Recognition as well as the Performance Management.
Responsibilities
Under the overall supervision of the Division Manager - Staff Development and Training, the Chief Total Awards and Performance Management Officer will undertake two (2) key activities: i) Total Reward and Recognition, and ii) Performance Management programs and activities. He/ she will be responsible to:
- Partner with corporate and business leadership and Human Resources Business Partners to leverage compensation and benefits programs and proposes differentiated pay systems to invest in the segments of workforce that contribute the most value to meet organizational objectives.
- Deploy effective communication strategies and success metrics relating to rewards and performance management in the Bank; Deliver and execute the Bank’s staff retention strategy.
- Conduct ongoing research into emerging trends, issues and best practices and periodic audits to assess relevance and compliance reward practices.
- Execute the Bank’s rewards policy and enhance it towards a Total Reward Model and Pay for Performance practices in the Bank.
- Oversee the development of high level strategic management reports including making recommendations for Management and Board consideration.
- Lead the development and management of Human Resources Information Systems to enhance Human Resources reporting/analytics capabilities on rewards and performance management.
- Act as the lead expert to advise and support the Bank and its management to harness, direct and support teams and individuals to engage in delivering the organisation's mission and objectives; designing and leading the necessary initiatives to incubate and promote performance culture within the Bank.
- In liaison with Management of the Bank, analyse performance management needs of the Bank and develop relevant long-term programs and strategies for implementation; including the necessary monitoring for Bank-wide standards and supervision of cycles, activities, milestones and communications.
- Assist Human Resources Business Partners in the monitoring and review of staff performance and provide coaching and advice.
- Support the department and Human Resources Business Partners on areas of research, data collection, statistical analysis and performance reporting and Policies and Procedures. This may include the investigation of the causes of poor performance and in developing, and implementing actions for the improvement of performance and delivery.
- Work with teams across the Human Resources Management department including Human Resources Business Partners to manage more complex project on total rewards and performance management and ensure internal capacity building and policy compliance.
- Seek out opportunities for the implementation of bespoke Human Resources interventions that build organisational resilience, capacity and capability of services, evaluating interventions to ensure they meet agreed targets.
- Analyse current rewards and recognition programs to ensure they align with the Bank’s business strategy and ensure that rewards programs optimize the ability to attract, motivate and retain top talent.
- Lead the definition and designing of the Bank’s Employee Value Proposition especially in relation to total rewards and recognition elements.
- Analyse the market competitiveness and cost-effectiveness of rewards to ensure they optimize our ability to attract top talent using various methods and techniques to make data-based decisions on direct financial, indirect financial and non-financial compensation and benefits elements.
- Assess employees' needs by conducting organizational psychology surveys to find out what motivates and engages employees.
- Provide expertise for job analysis and evaluations in liaison with recruitment, workforce planning, job descriptions and evaluation team.
- Participate in salary and labour market surveys to determine prevailing reward practices, rates and benefits. Monitor comparators practices, market conditions, and classification and compensation trends to inform the formulation of baseline standards for the development of the total rewards strategy and policy in the Bank.
- Contribute to the review of existing systems and policies; and develop new policies and program in the areas of rewards and recognition, performance management, coaching and mentoring.
- Develop best practice organisational performance policies and procedures and strategy that supports the implementation of performance management framework model having regard to: (i) Vision;( ii) Resources; (iii) Accountability; (iv) Change management process and education, whilst creating a supporting culture committed to Organisational Performance.
- Ensure that organisational policies, practices and procedures are developed, implemented and maintained ensuring legal compliance in the areas such as: (i) Total Reward (ii) Discrimination and Harassment; (iii) Performance Management; (iii) Organisational Performance Management Framework; (iv) Total Reward Administration (v) Learning and Development; (vi) Human Resource Management.
- Supervise, mentor and/or coach staff and colleagues to build knowledge and capacity, ensuring a consistent standard of service delivery and strengthen pay for performance culture within the Human Resources Management department and Bank wide.
- Plan and budget for all activities within the annual budgets cycle ensuring that Performance Management and Total Rewards activities are implemented within the agreed budgets.
- Oversee the management of vendor relationships, contracts and bid negotiation.
- Generate annual reports relevant to the Total Rewards & Performance management activities of the Bank and recommend relevant improvements.
Selection Criteria
- Experience in applying policy and a balanced approach to risk and resolving issues promptly.
- Significant experience in the use and application of information & communication systems and software.
- Substantial experience of resource management and project management.
- Problem-solving skills; be well organized, and have advanced ability to plan, prioritize and deliver in a pressured work environment: ability to make things happen.
- Speak with confidence and conviction, build and present a rational case to win support for ideas.
- Develop effective relationships inside and outside the institution, promote collaboration and deal constructively with conflict and disagreement.
- Work in a multi-cultural, multi-ethnic environment with sensitivity and respect for diversity and the ability to build trust and provide consultancy to different stakeholders.
- At least a Master's degree or its equivalent in Human Resources Management, Organisational Development, Social Sciences, Business Administration, Compensation, Public Sector Management, Finance, Accounting, Statistics or related discipline; Additional professional qualification/certification in Human Resources Management, Rewards management or in performance management.
- Minimum of seven (7) years of relevant experience as a Human Resources Professional (specialist or generalist) including the following specific areas: Performance Management, Compensation and Benefits, Policy and Programme, Human Resources Business Partnerships or in any other related areas.
- Demonstrated professional experience in Human Resources Management, compensation and benefits including Total Reward and performance management or in any related domains.
- Ability and experience leading his/her direct reports including performance supervision, development and resource management.
- Proven capacity to innovate, and promote change initiatives in Human Resources Management policies in large organizations.
- Expertise, knowledge and an understanding of principles, practices, and procedures relating to compensation and benefits and performance management.
- Strong generalist Human Resources experience and in-depth understanding of Human Resources processes and policies with fully operational depth in at least three of the under-listed skill areas (i) Compensation and benefits including Total Rewards (ii) Performance Management & Change Management (iii) Policies design (v) Learning & Development, (vi) Human Resources Information system.
- Financial skills and mathematical aptitude.
- Analytical skills – ability to build and analyze Human Resources data accurately including Human Resources approved key performances indicators.
- Ability to work in a client-centric, business partnering environment.
- Sound understanding of the business and operational needs with proven capacity to innovate, and promote change initiatives in corporate human resource policies and services in large organizations;
- Applied knowledge of the fundamentals of employment relationships, legislation and organizational development.
- Exercise sound judgement and creativity in identifying options and risks in order to make the right decisions around issues that have the potential to have a significantly adverse effect on the organization both in financial and employee relations terms.
- Communicate effectively (written and oral) in French or English, preferably with a good working knowledge of the other language.
- Competence in the use of standard Microsoft Office Suite applications. Experience of SAP HR, Project Management software and Access (Database) is advantageous.
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