Remuneration Specialist

Boardroom Appointments; Durban; On-site; ZAR 420,000 - 700,000; Full time

Job summary

Boardroom Appointments in Durban is seeking a Remuneration Specialist to join our Group Services Division. The role reports to the Reward Manager and focuses on supporting the organisation’s remuneration strategy through effective administration and management of pay and benefits.

Key duties include partnering with HR to propose total reward solutions, managing market surveys, analysing remuneration and benefits, and administering year-end pay reviews and incentive programmes across the group.

Qualifications

• HR business partnering experience would be advantageous.
• Minimum of 3 to 5 years in a reward/compensation & benefits environment.
• Classic reward experience is essential.
• Knowledge of benefits administration is desirable.

Responsibilities

• Partner with HR business partners to identify and propose total reward solutions to influence employee behaviour, to attract and retain.
• Manage the completion of market survey submissions and data analysis.
• Analyze remuneration and benefits across the business and report on findings including internal equity and external competitiveness.
• Evaluate and recommend changes to increase effectiveness, alignment and competitive positioning of the group's compensation practices.
• Establish, administer, manage and review the group’s employee remuneration and benefits system.

Skills

HR business partnering

Rewards knowledge

Education

Matric

Job description

The company is seeking a Remuneration Specialist to join our Group Services Division.The role will be based in Durban and report to the Reward Manager. The Companyislooking for someone who will support the organisations remuneration strategy andprocesses through the implementation and maintenance of effective and efficientremuneration administration and management practices.

Duties and responsibilities:

• Partner with HR business partners to identify and propose total reward solutions toinfluence employee behaviour, to attract and retain.
• Manage the completion of market survey submissions and data analysis.
  
• Analyze remuneration and benefits across the business report on findings includinginternal equity and external competitiveness.
  
• Evaluate and recommend changes to increase the effectiveness, alignment andcompetitive positioning of the Groups compensation practices, including base salaryand annual incentive programmes.
• Establish, administer, manage, and review the Groups employee remuneration andbenefits system, including the integration of benefit programmes following any mergersand acquisitions.
  
• Devise, maintain and monitor fair and equitable pay rates across the Group.
  
• Participate in the management of year-end pay and benefits review and bonus paymentcycle.
  
• Recommend corrective or alternative actions to resolve compensation-related issues.
  
• Manage medical aid and disability funds, identify, and implement benefits to increasethe quality of life for employees, by working with brokers, considering the risks and costimplications, and researching benefits
  
• Provide expert knowledge to assist in the selection of third parties to provide the bestHR solutions and services.
  
• Manage third-party vendors such as brokers and consultants and mediate betweenvendors and employees.
  
• Manage service level agreements with benefits service providers.
  
• Perform audits to ensure compliance with the remuneration structure.
  
• Manage the administration of the Groups profit share programme.
  
• Design and implement specific projects relating to compensation and benefits asrequired.
  
• Participate in the compilation and provision of all requisite information for the externalaudit and for the remuneration components of the annual report.
  

Qualifications and experience:

• Matric
• Minimum of 3 to 5 years in a reward/compensation & benefitsenvironment.
  
• Classic Reward experience is essential.
  
• HR business partnering experience would be an advantage.