Job Summary
Job Description: We are seeking a skilled and experienced Remuneration and Rewards Specialist to join our team. The successful candidate will be responsible for researching trends in remuneration, identifying innovative remuneration structures, and providing ongoing intelligence on market movements. Additionally, they will advise on compensation policy interpretation, new hire offers, promotions, and conduct job evaluations. The role involves developing and maintaining job grading committees, participating in salary surveys, and ensuring compliance with regulatory requirements.
Key Responsibilities:
- Researching trends in remuneration and identifying innovative structures.
- Providing ongoing intelligence on market movements and competitive threats.
- Advising on compensation policy interpretation, new hire offers, promotions, and market analysis.
- Leading job evaluation processes and ensuring internal equity and external competitiveness.
- Contributing to the development of remuneration and rewards strategies.
- Designing and implementing incentive schemes aligned with business objectives.
- Defining fair, equitable, and competitive total remuneration packages.
- Ensuring compliance with regulatory requirements and standards.
- Participating in salary and labour market surveys.
- Assisting with Organisational Development projects and initiatives.
Minimum Requirements & Key Competencies:
- Bachelor's degree in Human Resource, Finance, or related field (NQF 7).
- Registration with the South African Rewards Association (SARA) (desirable).
- In-depth experience in HRMIS (Oracle advantageous).
- Minimum of 6 years' experience in Remuneration and Rewards.
- Knowledge of remuneration benchmarking and rewards policies.
- Familiarity with various types of incentives and benefits.
- Understanding of relevant legislative regulations.
- Strong computer literacy, analytical, and numerical skills.
- Ability to coordinate, plan, and implement strategies.
- Excellent interpersonal and communication skills (verbal & written).
- Networking abilities and attention to detail.
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