Duties & ResponsibilitiesOur Advertising Services client is seeking a Performance & Reward Specialist to join their team based in Umhlanga, Durban.Purpose of the JobThe Group Performance & Rewards Specialist will play a crucial role in driving performance in the organization and in ensuring competitive remuneration and reward.Requirements:Minimum of 5 years experience within a reward and benefits specialist function.Sound Retirement Funds and Medical Aid Funds experience.Payroll experience and knowledge desirable. Data analysis is critical to understanding adherence to policy.Strong project management and systems experience. Strong SOP and guideline skills.Advanced MS Excel and PowerPoint skills.Vast Job Grading and Employment Equity submission experience.A solid understanding of local and an awareness of global regulatory reward frameworks, legislation, and best practice standards.Management of performance review processes.Implementation and management of rewards and recognition programs.Experience with reporting to REMCO.Performance ManagementManagement of the performance review process.Review best practices in performance management and drive process enhancements and re-design as appropriate.RemunerationReview remuneration proposals for job offers and internal salary reviews.Prepare for Quarterly Remco meetings and maintain all documentation for such meetings.Identify and escalate remuneration gaps.Participate in annual salary surveys and extract insights informing remuneration policy and practices, and compensation decisions.Incentive SchemesProvide input into the design of bonus schemes and other short-term incentives.Prepare bonus schedules aligned to performance scores and incentive scheme rules.Develop and update pay scales to ensure internal and external equity. Ensure increases and benefits eligibility are aligned to policy.Employment EquityAnalyse Employment Equity AA2 data and participate in the relevant meetings for the overall Employment Equity submission.Liaise with relevant stakeholders and benefit providers.Keep abreast of best practices in this field and continuously review.Facilitate Provident Fund Committee meetings.Job GradingFacilitate the Job Grading process and ensure alignment of remuneration and benefits to grades.Policy & ComplianceFormulate and maintain all performance and reward policies to ensure current practice is recorded.Manage compliance with relevant policies.Please take note: if you have not been contacted within 14 days, please consider your application unsuccessful.
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