Job Summary
Position Purpose
- Develop, maintain, communicate and manage remuneration and benefits strategy, policies, procedures and practices in order to support the Organization`s strategic objectives by enabling the business to attract and retain talented individuals whilst ensuring maximum benefit realisation for the organization and continuously enhancing the Employee Value Proposition
Minimum Qualifications
- Degree in Commerce / Human Sciences
- Postgraduate Degree in Commerce /Human Sciences with Statistics is preferred
- Registration with South African Rewards Association as a Remuneration Specialist and/or South African Board for People Practice is preferred
- Global Remuneration Practitioner (GRP) certification is essential
Experience and Knowledge required
- 8-10 years of experience in Remuneration and Rewards / Benefits management in a corporate environment.
- Minimum of 5 years of experience in a supervisory/ managerial role
- Knowledge of all relevant employment and remuneration legislation and statutory requirements
- Knowledge of corporate HR reward systems, practices and structures
- Understanding of current Tax and Labour legislation including governance and risk principles
- Exposure in remuneration analyses, modelling and policy development
- Job evaluation system, preferably Paterson Grading System
- Advanced Excel, MS Office and MS Project
Key Competencies:
- Research and surveying techniques
- Conflict management skills
- Negotiation skills
- Understanding the client’s business
- Customer service
- Excellent written and verbal communication skills
- Integrity and confidentiality
- Operational Excellence
- Prioritization and resources allocation
- Judgement
Key Performance Areas:
Formulation and Implementation of remuneration strategy, policies and procedures:
- Facilitate and co-ordinate the job evaluations / gradings through the job evaluation committee to ensure internal and external equity
- Communicate and educate / train relevant stakeholders regarding job evaluation systems and practices.
- Implement and manage job grading structure
- Update and maintain organization structures and headcount reports
- Implement the ratified job grading outcomes
Managing Financial resources:
- Compile, submit, monitor and manage the approved Remuneration and Benefits budget.
- Ensure that the Remuneration and Benefits spend is in line with relevant legislation
Managing Human Resources:
- Develop and implement Remuneration and Benefits Strategy and Operational Plan
- Performance manage Remuneration and Benefits Team
- Develop and implement the Individual Development Plans where necessary for the Remuneration and Benefits Team
Operational Support and Advice:
- Recommend salary review guidelines to HR Leadership, EXCO and Human Resource and Remuneration Committee
- Recommend salary review guidelines to HR Leadership, EXCO and Human Resource and Remuneration Committee
- Facilitate the entire salary review process, including training, documentation, distribution and consolidation of review spreadsheets
- Prepare schedules for payroll upload and staff letters
- Prepare salary review statistics, graphs and cost analyses
- Support the Group HR Manager in preparing submissions to the Executive Committee, Social Ethics Committee and Remuneration Committee and Board of Directors
- Communicate changes in legislative policies and facilitating changes appropriate to Company processes
- Conduct ad-hoc internal and external benchmarking exercises as and when requested by management and leadership.
Management of Payroll and maintenance of Human Resource Data Integrity and Reporting
- Maintain an effective and efficient relationship with external service providers by having up to date service level agreements in order to ensure improved total employee rewards of the company employees
- Develop and implement effective payroll management procedures and systems
- Manage payroll processes, administration of performance reviews, salary reviews and incentive schemes
- Optimize self- service / automated processes
- Manage the benefits of the Company and continuously look at innovative ways to update / improve benefits offerings to employees
- Ensure legislative tax and benefits compliance and ensure timeous implementation in payroll
- Oversee maintenance of high-level security and integrity of Human Resource Management Data system.
- Co-ordinate, prepare and submit HR Reports for the attention of Group HR Manager
- Address and effect corrective measures on identified Audit and operational risks.