Remuneration / Rewards Specialist

SUMMARY:
Have you been working in a large company managing salary benchmark methodology, job evaluation principles, compensation and benefits?
 
Our client based in the Cape Town Waterfront requires a dynamic well spoken, results driven individual with strong rewards & remuneration experience within a corporate growing concern. Must be knowledgeable with HR, local labour laws, compensation, benefits and have advanced Excel and able to manage PowerPoint presentations to a wide audience.
 
Highly advantageous to be a member of SA Rewards Association with a GRP (Global Remuneration Professional) Certification. Knowledge of corporate governance, remuneration principles & industry best practices.

POSITION INFO:
REQUIREMENTS

• 4 to 6 years relevant experience in remuneration & rewards
• Bachelor’s Degree or 3 year diploma (NQF 6 or NQF 7) essential
• Member of SARA (South African Rewards Association) advantageous
• GRP (Global Remuneration Professional) Certification advantageous
• English (Read, write & speak), any other South African languages advantageous
• Highly proficient in Software & Systems (HRIS), Microsoft Office Suite, especially advanced Excel
• Strong knowledge of job evaluation principles & benchmarking methodology essential
• Familiarity with HR systems featuring advanced compensation & benefits functions
• Experience with salary benchmarking and job evaluations, preferable knowledge of the recognized framework, Paterson
• Knowledge of local labour laws and regulations impacting compensation and benefits
• Able to achieve results within specified timelines working successfully under pressure
• Ability to effectively communicate reward concepts to a wide audience
• High attention to detail and accuracy, particularly with sensitive compensation data
• Strong project management skills, ability to manage multiple priorities and deadlines
• Ability to work collaboratively across teams and influence key stakeholders
• Knowledge of corporate governance, remuneration principles & industry best practices

• Develop, implement & maintain competitive compensation and benefits strategies
• Manage the company’s reward programs, including salary structures and incentive plans, to attract, retain, and motivate employees
• Conduct regular market benchmarking to align with industry standards
• Collaborate with Remuneration Committee to review and adjust reward policies
• Develop tailored solutions for identified problems for various business projects.
• Manage the bi-annual salary review processes aligning with organizational goals
• Continuously identify and evaluate the top salary benchmarking tools in the industry
• Provide advice and support on compensation and benefits-related queries
• Compile and administer increase mandates for approval
• Collate reward information, administration & report preparation
• Manage calculations, prepare PowerPoint presentations
• Conduct job evaluations and benchmarking across all Paterson levels.
• Oversee job evaluations & descriptions ensuring company standards are met
• Compile final salary increase recommendations for approval
• Implement and manage a project bonus system for projects
• Conduct & analyse compensation/benefits data to identify trends, gaps & improvement
• Prepare reports for senior management, Remuneration Committee, and stakeholders
• Track the company’s reward programs & recommend improvements
• Ensure all reward programs are in line with local labour laws, corporate governance codes& best practice standards
• Develop and maintain internal policies and procedures
• Act as an advisor to the Human Capital team, Senior Management & HR team
• Drive initiatives ensuring employees feel valued and fairly compensated
• Conduct employee surveys and identify areas for improvement.
• Provide training to HR team & Snr Management on remuneration trends & policies
• Conduct workshops and seminars on the company's reward framework
• Assist the Head of Human Capital and Change Management with succession planning
• Collaborate with Skills & Development Partner maintaining career pathing programs
• Manage annual hiring planning process, consolidating role requests, benchmarking positions, facilitating approval process with the Remuneration Committee