Remuneration / Rewards Specialist

4 days ago


Cape Town, South Africa Time Personnel Full time
REQUIREMENTS
  • 4 to 6 years relevant experience in remuneration & rewards
  • Bachelors Degree or 3 year diploma (NQF 6 or NQF 7) essential
  • Member of SARA (South African Rewards Association) advantageous
  • GRP (Global Remuneration Professional) Certification advantageous
  • English (Read, write & speak), any other South African languages advantageous
  • Highly proficient in Software & Systems (HRIS), Microsoft Office Suite, especially advanced Excel
  • Strong knowledge of job evaluation principles & benchmarking methodology essential
  • Familiarity with HR systems featuring advanced compensation & benefits functions
  • Experience with salary benchmarking and job evaluations, preferable knowledge of the recognized framework, Paterson
  • Knowledge of local labour laws and regulations impacting compensation and benefits
  • Able to achieve results within specified timelines working successfully under pressure
  • Ability to effectively communicate reward concepts to a wide audience
  • High attention to detail and accuracy, particularly with sensitive compensation data
  • Strong project management skills, ability to manage multiple priorities and deadlines
  • Ability to work collaboratively across teams and influence key stakeholders
  • Knowledge of corporate governance, remuneration principles & industry best practices
DUTIES
  • Develop, implement & maintain competitive compensation and benefits strategies
  • Manage the companys reward programs, including salary structures and incentive plans, to attract, retain, and motivate employees
  • Conduct regular market benchmarking to align with industry standards
  • Collaborate with Remuneration Committee to review and adjust reward policies
  • Develop tailored solutions for identified problems for various business projects.
  • Manage the bi-annual salary review processes aligning with organizational goals
  • Continuously identify and evaluate the top salary benchmarking tools in the industry
  • Provide advice and support on compensation and benefits-related queries
  • Compile and administer increase mandates for approval
  • Collate reward information, administration & report preparation
  • Manage calculations, prepare PowerPoint presentations
  • Conduct job evaluations and benchmarking across all Paterson levels.
  • Oversee job evaluations & descriptions ensuring company standards are met
  • Compile final salary increase recommendations for approval
  • Implement and manage a project bonus system for projects
  • Conduct & analyse compensation/benefits data to identify trends, gaps & improvement
  • Prepare reports for senior management, Remuneration Committee, and stakeholders
  • Track the companys reward programs & recommend improvements
  • Ensure all reward programs are in line with local labour laws, corporate governance codes& best practice standards
  • Develop and maintain internal policies and procedures
  • Act as an advisor to the Human Capital team, Senior Management & HR team
  • Drive initiatives ensuring employees feel valued and fairly compensated
  • Conduct employee surveys and identify areas for improvement.
  • Provide training to HR team & Snr Management on remuneration trends & policies
  • Conduct workshops and seminars on the company's reward framework
  • Assist the Head of Human Capital and Change Management with succession planning
  • Collaborate with Skills & Development Partner maintaining career pathing programs
  • Manage annual hiring planning process, consolidating role requests, benchmarking positions, facilitating approval process with the Remuneration Committee
Salary: R negotiable dependent on experience

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