Remuneration / Rewards Specialist

Cape Town
Salary: Market Related
Job Type: Permanent
Sectors: Human Resources
Reference: CPT004100/LH

Apply before Feb 06 2025 | 29 Days left

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Vacancy Details

Employer: Time Personnel

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.

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

DUTIES

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

Salary: R negotiable dependent on experience

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About Time Personnel

Because we specialise in Companies, not specific industries, our focus is your company’s individual CULTURE and DYNAMICS. We are a Cape Town based boutique recruitment agency, who have been running for 14 years and can, collectively, offer well over 70 years of experience to our clients. We believe each of our clients deserves our time to research and collate all relevant data around their company in order for us to present the best candidates. We do not simply send through a CV.

We ensure the MATCHING has been done to a “T”, which includes your COMPANY and CULTURE requirements, so you only receive the best and we save your TIME!

How do we deliver positive results saving you TIME?

A unique take-on process, eliminating TIME wasting for all parties concerned.
Solution driven, for when problems occur.
Experts in screening all the resumes that cross our path, ensuring we find the perfect MATCH.
Hands-on, from interview process, placement and beyond, making sure that solid relationships are cemented.
Continually keeping abreast of South Africa’s stringent Labour Laws.