Remuneration And Rewards Specialist

Bushveld Minerals Sa (Pty) Ltd.; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading South African vanadium producer in Johannesburg is seeking a skilled professional to provide expertise in remuneration and benefits. The ideal candidate has over 5 years of experience in this field and a relevant degree. Responsibilities include developing remuneration strategies and conducting market analyses. This position offers a competitive package aligned with market standards.

Qualifications

• Minimum 5 years' experience in Remuneration and Benefit.
• Understanding Reward in large complex multinational organisations.
• Valid driver's license.

Responsibilities

• Co-develop remuneration philosophy and guiding principles.
• Conduct annual market surveys and reports on market trends.
• Advise employees on retirement plans and liaise with 3rd parties.

Skills

Analytical Thinking

Attention to Detail

Problem Solving

Communication

Proactive Initiative

Education

BCom / BTech Degree or National Diploma in Human Resources

Tools

MS Office

SAP or Similar ERP Systems

Advanced Excel

Job description

Bushveld Minerals Job DescriptionBushveld Minerals is a leading South African vanadium producer from its two operational assets, Vametco and Vanchem.

Vanadium is a critical mineral in the steel industry and will be a key mineral in the Just Energy Transition.

Future demand of Vanadium is predicted to increase dramatically, and the two assets have great potential to provide significant shareholder value by focusing on and addressing operational efficiencies.The purpose of this role is to provide specialist advice, expertise, coordination, and analytical support for broad reward practices, processes, and systems to the corporate office and Bushveld Minerals operations.

Responsibilities

• Co-develop a clear remuneration philosophy and guiding principles for Bushveld in consultation with the Group Head HR Operations according to which EXCO can make informed remuneration and benefits decisions.
• Execute relevant Reward Strategies and Tactical Plans to align reward practices across Bushveld and to ensure competitive market positions.
• Conduct relevant annual market surveys and reports on market trends.
• Perform clear remuneration and benefits benchmarks and report on both market and internal trends that will ensure fairness, market competitiveness and support the achievement of business objectives.
• Conduct ad-hoc remuneration and benefit benchmarking / survey as may be required.
• Initiate and drive ad-hoc compensation and benefit projects and data audits to ensure compliance in all compensation, benefit and international assignee processes and procedures.
• Analyse remuneration structures to identify parity issues as well as areas for improvement and propose appropriate solutions.
• Perform internal parity analysis and propose remuneration packages for job offers, promotions, and alignments when required.
• Establish clear remuneration and benefits rules, procedures, and guidelines for Bushveld to enable good governance and effective decision-making.
• Add a compelling value proposition to all employees with regards to employee benefits plans, including Health Care, Retirement Plans, and Occupational Risk cover.
• Manage and maintain inventory of Company owned risk benefit and retirement schemes, coordination of data for annual renewals, payment of premiums, and cost reallocations.
• Analyse market data and make recommendations on salary scales, market positioning, pay structuring, etc. to ensure internal parity, market competitiveness and to support the achievement of business objectives.
• Provide guidance to Line Managers and HR Business Partners on reward matters.
• Advise employees on the retirement plans queries and liaise with 3rd party on the medical aid plans.
• Coordinate and govern the process of job grading to ensure consistency with remuneration frameworks that effectively govern employee remuneration and benefit changes in accordance with legislation, the rules of the relevant Benefit Funds, Bushveld requirements, governing bodies such as SARS, FSB and any REMCO decisions.
• Responsible for data analysis and reporting on remuneration and rewards projects.

Desired Experience & Qualifications

BCom / BTech Degree or National Diploma in Human resources or related fields.

Minimum 5 years' experience in Remuneration and Benefit.

Computer literacy in MS Office & SAP or Similar ERP systems.

Understanding Reward in large complex multinational organisations.

Proven ability to work responsibly and proactively under own initiative.

Advanced Excel including Macro and Power Pivots.

Valid driver's license.

Analytical Thinking & Attention to Detail (includes accuracy).

Anticipating, Creating and Managing Change (Tolerance of Ambiguity).

Holistic / Global thinking.

Judgement and Decision-Making.

Problem Solving (Includes reasoning).

Assertiveness (Includes willingness to challenge and confront).

Competitive on behalf of the team.

Self-motivated to develop the pipeline.

Ethical Behaviour / Honesty / Transparency / Modelling of Values.

Managing Risk (Calculated Risk-taking).

Excellence Orientation.

Personal Growth Orientation / Motivation to Learn / Learning Agility.

Resilience / Perseverance / Stress Management.

Results & Solution Focused (Drive, Energy & Follow Through).

Rule Orientation.

Self-Management (Planning, Prioritising & Time Management).

Visibility & Impact (Includes Professionalism & Executive Disposition).

Building Strategic Partnerships / Networking communication (Ability to articulate technical solutions for various audiences).

Customer Service Orientation / Client Focus (Internal and External).

Influence, Persuasion and Negotiation (Including Conflict Management).

Knowledge Sharing (includes Information Management).

Managing Diversity.

Organisational Awareness.

Relationship Building, Listening, Interpersonal Sensitivity.

Cross functional and Inter-disciplinary awareness.

Teamwork.

Business and Financial Acumen (includes ability to identify and manage risk).

Process Engineering / Systems Competence.

Technical / Professional Competence.

Package & Remuneration Market Related