Compensation and Benefits Specialist

2 weeks ago


Johannesburg, Gauteng, South Africa Isilumko Staffing Full time
Job Title: Remuneration & Rewards Specialist

Isilumko Staffing is seeking a highly skilled Remuneration & Rewards Specialist to lead our organisation's compensation and benefits strategies.

As a key member of our Human Resources team, you will be responsible for developing and implementing innovative remuneration and rewards programs that align with our business objectives.

Key Responsibilities:

Responsibilities
  • Researching trends in remuneration and identifying creative and innovative remuneration structures.
  • Providing ongoing intelligence on movements in the market and potential threats to the organisation from competitive poaching and recommending solutions.
  • Providing advice regarding compensation policy interpretation, new hire offers, promotions, market analysis and job evaluations.
  • Providing advice and analysis through the annual increase and bonuses.
  • Developing and maintaining the Job Grading Committees Terms of Reference.
  • Rendering advice with regards to job evaluation, job profiling for Grading Committee.
  • Facilitating the development of job descriptions, implementing and managing an electronic database of grading requests.
  • Leading and facilitating the job evaluation process within the organisation.
  • Participating as part of the job evaluation of the organisation to ensure internal equity and external competitiveness is maintained.
  • Contributing to the development of the remuneration and rewards strategies of the organisation.
  • Facilitating management training of rewards and remuneration within the organisation.
  • Facilitating the design, development and implementation of innovative incentive schemes to reward performance aligned to business objectives.
  • Defining a fair, equitable and competitive total remuneration package that is aligned to the organisation strategy and business goals.
  • Ensuring that remuneration practices comply with relevant regulatory requirements and standards.
  • Participating in salary and labour market surveys to determine prevailing remuneration rates and benefits.
  • Assisting with all relevant Organisational Development projects and initiatives based on the needs of the department.

Minimum Requirements:

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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