Remuneration & Rewards Specialist

5 months ago

Johannesburg, South Africa Isilumko Staffing 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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