Senior Compensation Strategist
2 weeks ago
SHARON NUROCK RECRUITMENT CC seeks a highly skilled Compensation & Benefits Manager to oversee the design, implementation, and management of its compensation and benefits programs. This role is ideal for an individual with a strong background in payroll management and remuneration.
Job DescriptionThe successful candidate will be responsible for ensuring that the organization's compensation structure is competitive and aligned with its strategic objectives. Key responsibilities include developing and implementing compensation strategies, conducting market research, analyzing compensation data, and collaborating with HR and Management to develop job descriptions and perform job evaluations.
In addition, the Compensation & Benefits Manager will provide guidance and support to HR and Management on compensation and benefits-related matters, prepare and present reports on compensation and benefits metrics, and ensure the smooth running of the administration of benefits.
This is a challenging role that requires strong analytical and problem-solving skills, as well as excellent communication and interpersonal skills. The successful candidate will have a proven track record of managing compensation and benefits programs, and a deep understanding of labor laws and regulations.
Responsibilities- Compensation Strategies: Develop and implement compensation strategies that align with the organization's strategic objectives.
- Market Research: Conduct regular surveys and market research to ensure competitive compensation practices.
- Compensation Data Analysis: Analyze compensation data and trends to make informed decisions on salary adjustments, bonuses, and/or incentives.
- Job Evaluations: Collaborate with HR and Management to develop job descriptions and perform job evaluations.
- Benefits Administration: Ensure the smooth running of the administration of benefits.
- Reporting and Analytics: Prepare and present reports on compensation and benefits metrics, and provide analytics and insights to stakeholders.
To be successful in this role, you will need:
- Bachelor's Degree: B.Com in Accounting or equivalent degree with a specialisation in Payroll Management.
- Experience: Minimum 10 years experience in compensation and benefits management and/or payroll management, including 3 years as a Payroll or Remuneration or Compensation & Benefits Manager.
- Skills: Advanced Excel, Information Management System (i.e. SAP HR Module / Oracle), and membership of a professional body focused on compensation and benefits (an advantage).
R750,000 - R1,000,000 per annum, depending on experience and qualifications.
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