Specialist: Human Capital Management Remuneration

SUMMARY:
Our client, a leader in the conservation industry in South Africa, has an exciting opportunity available for a Specialist: Human Capital Management Remuneration.

POSITION INFO:

• Key Responsibilities:
• Define a fair, equitable, and competitive total compensation and benefits package that fits and is aligned to our company’s strategy and business goals.
• Develop a consistent compensation philosophy in line with the work culture and organisational objectives.
• Use various methods and techniques and make data-based decisions on direct financial, indirect financial, and nonfinancial compensations.
• Differentiate pay systems to invest in the segments of the workforce that contribute the most value.
• Deploy effective communication strategies and success metrics.
• Develop and manage the annual salary review process, including coordinating with managers to ensure accurate and timely completion of salary adjustments.
• Manage the administration of employee benefits programs, including health insurance, retirement plans, pension and group life benefits.
• Proficiency in using HR information systems and compensation software tools.
• Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc)
• Stay updated on relevant legislation, regulations, and trends related to compensation and benefits.
• Conduct periodic audits and prepare reports.
• Maintain accurate and up-to-date records and documentation related to compensation and benefits policies.
• Assess employee's needs by conducting organizational psychology surveys to find out what motivates and engages employees.
• Participate in salary and labour market surveys to determine prevailing pay rates and benefits.
• Conduct ongoing research into emerging trends, issues, and best practices.
• Provide guidance and support to HR team members and managers regarding compensation and benefits-related matters.
• Collaborate with cross-functional teams, including HR, finance, and legal, to ensure effective communication and coordination of compensation and benefits initiatives.
• Assist with the development and delivery of training programs for managers and employees on compensation and benefits policies and procedures.

• Required Qualifications and Experience & Skills:
  
  • Should be in possession of a Degree in Human Resources, Organizational Psychology or Finance.
  • Should have Professional certification such as Certified Compensation Professional (CCP).
  • Should have 5 Years experience in a similar role.
  • Should have proven working experience as a Compensation and Benefits Specialist.
  • Should have prior experience in HR practices and compensation cycle management.
  • Should have working knowledge of job evaluation and job analysis systems.
  • Should have previous experience with organisational psychology and labour market surveys.
  • Should have adequate knowledge of current labour rules and regulations.
  • Should have extensive knowledge of HRIS and MS Office.
  • Strong quantitative and analytical skills.
  • Communication (verbal and written) and negation skills.
  • Ability to inspire and motivate teams to ensure high-level outputs during periods of change.