Junior Reward Analyst

Closing Date
2024/02/29
- Reference Number
SHO240222-1
- Job Title
Junior Reward Analyst
- Job Type
Permanent
- Location - Country
South Africa
- Location - Province
Western Cape
- Location - Town or City
Brackenfell, Cape Town
- Purpose of the Job

The Junior Rewards Analyst contributes to the Group Rewards Solutions team by providing essential support in
research, analysis, and reporting activities. Collaborating closely with senior team members, the Junior Rewards
Analyst assists in the development and implementation of reward strategies, policies, and frameworks. This role
processes and ensure alignment with industry best practices.
- Job Advert Details
- Job Category
Finance
- Job Objectives

Research and Reporting:
Assist in updating benchmark ranges and maintaining master data benchmark files.
Support the preparation of annual increase narratives, pay gap analyses, and executive pay benchmarking
reports.
Contribute to the development and maintenance of reporting dashboards to track key metrics and
performance indicators.
Analytics:
Aid in conducting variable pay analysis and preparing dashboards to monitor performance against targets.
Assist in gathering insights for decision-making and supporting the preparation of the annual remuneration
report.
Perform job matching to external remuneration data providers and submit remuneration information for
upload.
Develop and maintain pay-scales including managing of outliers as per Reward Strategy and Policy.
Analyse remuneration and benefit data for internal/external equity validations.
Provide input in the job architecture from a reward perspective i.e., job grid, families, profiles, etc.
Adhere to Job Evaluation and Reward data standards.
Market Benchmarking:
Support in conducting annual benchmarking exercises to ensure competitiveness and alignment with industry
standards.
Assist in analysing market data to support pay reviews and adjustments to compensation packages.
Governance & Compliance:
Adhere to governance structures, policies, processes, and frameworks applicable to the role.
Ensure data management processes adhere to continually changing privacy and legal compliance
requirements.
Support Process Improvements:
Participate in identifying opportunities for continuous improvement in reward function processes.
Collaborate with team members to contribute to an innovative and agile reward culture within the organisation.
- Qualifications

Bachelor's degree in Human Resources, Business Administration, Finance, Accounting, or related field
- (essential).
A Master's degree - (advantageous)
- Experience

Professional certification with SARA - (advantageous).
+2 years in finance, reward solutions, or equivalent role, supporting the delivery of costing models and related
inputs for reward decision-making in an HR environment within related reward frameworks, policies,
procedures, and guidelines - (essential).
Experience in a Retail / Wholesale / Financial Services industry - (preferred).
Knowledge of HR policies, procedures, legislation, and regulations - (essential).
- Knowledge and Skills

Analytical Skills - Ability to analyse data and trends to support decision-making processes.
Attention to Detail - Meticulous approach to work to ensure accuracy and precision in tasks.
Communication Skills - Ability to convey information clearly and effectively to team members.
Adaptability - Flexibility to adapt to changing priorities and requirements.
Team Collaboration - Willingness to work collaboratively with team members to achieve common goals.
Continuous Learning - Eagerness to learn and develop skills in reward management practices.
Ethical Conduct - Commitment to integrity, honesty, and transparency in all professional interactions.