Reward Specialist

Vector Logistics; Durban; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A leading supply chain company in Durban is seeking a Reward Specialist to support their remuneration strategy. You will analyze remuneration practices, manage benefits, and partner with HR to propose total reward solutions. The ideal candidate has a relevant degree and 3-5 years of experience in compensation & benefits, alongside strong analytical skills and knowledge of SA labor laws.

Qualifications

• Minimum of 3 – 5 years in a reward / compensation & benefits environment.

Responsibilities

• Partner with HR to propose total reward solutions.
• Manage market survey submissions and data analysis.
• Analyze remuneration and report on findings.
• Evaluate and recommend changes for compensation practices.
• Manage medical aid and disability funds.
• Design and implement compensation projects.

Skills

Proven analytical skills

Strong attention to detail

Ability to manage self

Forward thinking

Ability to multitask

Knowledge of SA labour laws

Education

Relevant business degree

Job description

Permanent

Westville

Overview

We are a Supply Chain and Sales & Merchandising partner adding value to your business through a fully integrated, temperature-controlled network in Southern Africa.

But we are also more than that. We are people serving people. While we boast the best in tech and infrastructure, our people are our greatest resource. With our skilled, curious, can-do people at the forefront, our assets become your assets, our service your solutions.

Vector’s vehicle fleet includes a food industry first in ‘multi-temperature’ vehicles enabling the company to service business across frozen, chilled and ambient temperature zones on a single delivery.

Job Purpose

The Reward Specialist will be responsible to support the organisation’s remuneration strategy and processes through the implementation and maintenance of effective and efficient remuneration administration and management practices.

Key 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 report on findings including internal equity and external competitiveness.

Evaluate and recommend changes to increase the effectiveness, alignment and competitive positioning of the Group’s compensation practices, including base salary and annual incentive programmes.

Establish, administer, manage, and review the Group’s employee remuneration and benefits system, including the integration of benefit programmes following any mergers and 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 payment cycle.

Recommend corrective or alternative actions to resolve compensation-related issues.

Manage medical aid and disability funds, identify, and implement benefits to increase the quality of life for employees, by working with brokers, considering the risks and cost implications, and researching benefits

Provide expert knowledge to assist in the selection of third parties to provide the best HR solutions and services.

Manage third-party vendors such as brokers and consultants and mediate between vendors and employees.

Manage service level agreements with benefits service providers.

Perform audits to ensure compliance with the remuneration structure.

Manage the administration of the Group’s profit share programme.

Design and implement specific projects relating to compensation and benefits as required.

Participate in the compilation and provision of all requisite information for the external audit and for the remuneration components of the annual report.

Qualifications And Experience

Qualifications, Skills and Experience Required for the Job

Relevant business degree

Minimum of 3 – 5 years in a reward / compensation & benefits environment.

Skills And Competencies

Proven analytical skills.

Strong attention to detail.

Ability to manage self.

Forward thinking

Ability to multitask and prioritize projects.

Comprehend, interpret and apply policies with accuracy and clarity.

Knowledge of SA labour laws and Employment Practices.

We look forward to hearing from you!