Plennegy: Group Compensation and Benefits Specialist

1 week ago

KwaZuluNatal, South Africa Plennegy (Pty) Ltd. Full time

**RESPONSIBILITIES**:
**Compensation Strategy & Execution**
- Lead participation in market salary surveys and perform detailed compensation benchmarking and analysis.
- Develop and maintain group pay structures and guide rates used for CTC Packages, STIP (Short-Term Incentives Plans), and SICP (Sales Incentive Compensation Plans).
- Create and maintain tools for employees to structure their salaries annually, and for HRBPs to make aligned and competitive job offers.
- Lead the annual merit and promotion cycles, including tool preparation, analysis, stakeholder engagement, and implementation support.
- Design and maintain SICP as required.

**Job Grading & Organisational Design**
- Lead job grading sessions and provide expert guidance to the grading committee.
- Coordinate validation of job grades through REMCO and update group-wide grade maps accordingly.
- Distribute and maintain accurate grading documentation across the group.

**Benefits Management**
- Evaluate, develop, and implement employee benefit proposals to ensure internal equity, market competitiveness, and group-wide alignment.
- Lead strategic benefits alignment projects, some of which are long-term initiatives extending over multiple years.

Incentives & Performance-based Pay
- Prepare STIP documentation annually for budgeting, approvals, and final payout processes.
- Monitor incentive outcomes and ensure ongoing alignment with business and performance objectives.

**Remuneration Tools & Communication**
- Develop and manage compensation tools and templates used for salary structuring, offers, and adjustments.
- Support communication and training on remuneration tools and policies.

**Projects & Strategic Initiatives**
- Serve as project lead on all Compensation and Benefits-related initiatives and transformation projects across the group.
- Drive planning, implementation, stakeholder engagement, and corrective action across multiple business entities.

**Policy & Governance**
- Regularly review and update Compensation & Benefits policies and related documentation (e.g., Car Policy, HR Handbook, Remuneration Policy).
- Ensure adherence to internal governance frameworks and external legal requirements.

**Reporting & Analytics**
- Use data insights to monitor trends, flag issues, and support evidence-based decision-making in C&B.
- Produce Power BI dashboards and detailed reports post-merit cycle, shared with the Board of Directors via the BI platform.

**REQUIREMENTS**:
**Education**:

- Bachelor’s degree in human resources, Finance, Business Management, or a related field.
- World at Work: GRP
- SARA Membership Certified as a Chartered Rewards Practitioner

**Experience**:

- Minimum 5-8 years’ experience in Compensation and Benefits or Total Rewards within a multi-entity environment.
- Experience engaging with REMCO and senior executive stakeholders preferred.
- Experience with Short Term and Sales Incentive Plans an added advantage

**Skills required**:

- Advanced Excel and Power BI proficiency.
- SAGE People an added advantage
- Strong analytical and data interpretation skills.
- Effective communicator with ability to engage and influence leadership.
- High attention to detail and a structured

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