Remuneration Specialist

Found in: Talent ZA C2 - 3 weeks ago

Johannesburg, South Africa Tipp Focus Full time

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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