Remuneration & Rewards Specialist

Found in: Talent ZA 2A C2 - 3 weeks ago

Johannesburg, South Africa Isilumko Staffing (JHB) Full time

Key Job Responsibilities:

  • Researching trends in remuneration and identify creative and innovative remuneration structures.
  • Provide ongoing intelligence on movements in the market and potential threats to the organisation from competitive poaching and recommend solutions.
  • Provide advice regarding compensation policy interpretation, new hire offers, promotions, market analysis and job evaluations.
  • Provide advice and analysis through the annual increase and bonuses.
  • Develop and maintain the Job Grading Committees Terms of Reference.
  • Render advice with regards to job evaluation, job profiling for Grading Committee.
  • Facilitate the development of job descriptions, implement and manage an electronic database of grading requests.
  • Lead and facilitate the job evaluation process within the organisation.
  • Participate as part of the job evaluation of the organisation to ensure internal equity and external competitiveness is maintained.
  • Contribute to the development of the remuneration and rewards strategies of the organisation.
  • Facilitate management training of rewards and remuneration within the organisation.
  • Facilitate the design, development and implementation of innovative incentive schemes to reward performance aligned to business objectives.
  • Define a fair, equitable and competitive total remuneration package that is aligned to the organisation strategy and business goals.
  • Ensure that remuneration practices comply with relevant regulatory requirements and standards.
  • Participate in salary and labour market surveys to determine prevailing remuneration rates and benefits.
  • Assist with all relevant Organisational Development projects and initiatives based on the needs of the department.

 

Minimum requirements:

  • Bachelors Degree in Human Resource/finance/payroll.
  • Registration with South African Rewards Association (SARA).
  • Extensive experience in HRMIS (oracle advantageous).
  • 6 years experience in Remuneration and Rewards.
  • Knowledge of Remuneration benchmarking.
  • Knowledge of Rewards Policies and Procedures.
  • Knowledge of market surveys.
  • Knowledge of various types of incentives and benefits.
  • Knowledge of relevant legislative regulations.
  • Computer literate.

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