Rewards Specialist Illovo Sandton

Bushveld Minerals Sa (Pty) Ltd.; Johannesburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading minerals producer is seeking a specialist in remuneration to develop and execute reward strategies. The successful candidate will need strong analytical skills and a minimum of 5 years of experience in remuneration and benefits. This role is pivotal in ensuring competitive market positioning and compliance with industry standards. Market-related compensation packages are offered.

Qualifications

• Minimum 5 years' experience in Remuneration and Benefits.
• Proven ability to work proactively under own initiative.
• Understanding Reward in large, complex organizations.

Responsibilities

• Co-develop a remuneration philosophy for the company.
• Execute reward strategies to ensure competitive practices.
• Conduct annual salary surveys and report on trends.

Skills

Analytical Thinking

Attention to Detail

Excel (Advanced)

Problem Solving

Communication

Teamwork

Education

BCom / BTech Degree or National Diploma in HR

Tools

MS Office

SAP or Similar ERP systems

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.

Duties & ResponsibilitiesCo-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 / surveys 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 consistencyply 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 & QualificationBCom / BTech Degree or National Diploma in Human resources or related fields.Minimum 5 years' experience in Remuneration and Benefitputer literacy in MS Office & SAP or Similar ERP systems.Reward Processes, including job evaluation, salary benchmarking and total reward analysis.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.Judgment 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 / Networkingmunication (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 & RemunerationMarket Related

#J-