Remuneration Specialist
2 weeks ago
**Key Job Responsibility**
To research trends in remuneration and identify creative and innovative remuneration structures
To provide ongoing intelligence on movements in the market and potential threats to the organisation from competitive poaching and recommend solutions
To provide advice regarding compensation policy interpretation, new hire offers, promotions, market analysis, and job evaluation
To 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
To participate as part of the job evaluation of the company to ensure internal equity and external competitiveness is maintained
To contribute to the development of the remuneration and rewards strategies of the company and also facilitate management training of rewards and remuneration within the company
Facilitates 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 fits and is aligned to the company 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 & key competency**
B-degree in related Human Resource or finance/Payroll (NQF 7)
Registration with South African Rewards Association (SARA)(desirable)
Indepth experience in HRMIS (oracle advantageous)
6 years in depth 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 literacy
Analytical skills
Coordinating
Planning & Implementing
Interpersonal skills
Communication (verbal & written)
Numerical skills
Networking
Attention to detail (essential)
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