Remuneration Specialist
2 weeks ago
About the Role:
Isilumko Staffing is seeking a skilled Remuneration Specialist to join our team. As a key member of our HR department, you will be responsible for designing and implementing remuneration strategies that align with our organization's goals and objectives.
Key Responsibilities:
- Research and analyze market trends to identify creative and innovative remuneration structures.
- Provide ongoing intelligence on market movements and competitive threats, recommending solutions to mitigate risks.
- Advise on compensation policy interpretation, new hire offers, promotions, market analysis, and job evaluations.
- Develop and maintain the Job Grading Committees' Terms of Reference.
- Render advice on job evaluation, job profiling for Grading Committee.
- Facilitate the development of job descriptions and implement an electronic database of grading requests.
- Lead and facilitate the job evaluation process within the organization.
- Participate in job evaluations to ensure internal equity and external competitiveness.
- Contribute to the development of remuneration and rewards strategies.
- Facilitate management training on rewards and remuneration.
- Design and implement innovative incentive schemes aligned with business objectives.
- Ensure total remuneration packages are fair, equitable, and competitive.
- Ensure compliance with relevant regulatory requirements and standards.
- Participate in salary and labour market surveys to determine prevailing remuneration rates and benefits.
Requirements:
- Bachelor's Degree in Human Resource/Finance/Payroll.
- Registration with South African Rewards Association (SARA).
- Extensive experience in HRMIS (Oracle advantageous).
- 6 years of 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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