Remuneration & Rewards Specialist

Details of the offer

Key Job Responsibilities:Researching trends in remuneration and identify creative and innovative remuneration structures.Provide ongoing intelligence on movements in the market and potential threats to the organisation from competitive poaching and recommend solutions.Provide advice regarding compensation policy interpretation, new hire offers, promotions, market analysis and job evaluations.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.Participate as part of the job evaluation of the organisation to ensure internal equity and external competitiveness is maintained.Contribute to the development of the remuneration and rewards strategies of the organisation.Facilitate management training of rewards and remuneration within the organisation.Facilitate 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 is aligned to the organisation 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: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.


Nominal Salary: To be agreed

Job Function:

Requirements

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