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Compensation and Benefits Specialist
3 weeks ago
The Total Rewards Specialist will be responsible for supporting the alignment of our total rewards (benefits focus) program with business objectives that support our Human Resources strategies.
**Experience in Financial/Banking or Insurance is preferred.**
Position will be responsible for assisting in the delivery of our benefits programs.
**RESPONSIBILITIES**:
- Extensive knowledge of relevant laws and regulations
- Manage expenditure as per budgets and financial risk mitigation
- Interpret budget variance reports
- Increase operational efficiencies and cost control
- Establish and manage relationships with stakeholders
- Design and develop customer solutions as per organisations values
- Drive Continous improvements
- Enhance customer service experience-best practice
- Develop strategy, planning, communication and delivery plans
- Risk Management, governance and compliance
- Analyse information, identifies trends and discrepancies
- Risk awareness and manage audit findings
- Identify, drive and implement policies, procedure and standards to increase sales and profits
- Drive strategic projects, change management and interggration across the Group
- Conduct salary surveys for benchmarking
- Evaluate and recommend changes to increase the effectiveness, alignment and competitive positioning of the Groups compensation practices, including base salary and annual incentive programmes.
- Establish, administer, manage, and review the Groups employee remuneration and benefits system, including the integration of benefit programmes following any mergers and acquisitions.
- Devise, maintain and monitor fair and equitable pay rates across the Group.
- People Development and Transformation
- Leadership
- Business Operations
**Qualifications and Experience**:
- Bachelors Degree in HR or Honors in HR
- 5-8 years experience
- 2-3 years in a senior role
**Job Type**: Permanent
**Salary**: R25,000.00 - R35,000.00 per month
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