Centurion: Remuneration Specialist posted by Sabenza IT & Recruitment

WANTED: Remuneration Rockstar Make Paychecks Pop & Markets Bow!

Job Overview:

We are looking for a detail-oriented Remuneration Specialist who will under the guidance of the Senior Remuneration Specialist be responsible for remuneration analysis, research and maintenance of the Groups remuneration practices as specified in the Salary and Related policy document.  You will also be responsible to compile remuneration surveys and analyse remuneration data survey information from survey houses to benchmark the Groups scales, pay mixes and market related salary ranges for use by senior team members.  As a subject matter expert on job evaluations this position provides support and expert advice e.g., indicative grades and overlaps between supporting or reporting positions.  You will be required to manage the evaluation process.  Your duties will also include consolidating the Remuneration and Benefits departments operational and capital budgets, forecasting cost and budget items needed for submission to finance and other operational budget owners
 
Requirements:

• A relevant Tertiary qualification in Human Resources.
  
• At least 4 years remuneration and benefits experience.
  
• Advance level experience in Excel.
  
• Professional knowledge of job analysis and job evaluation.
  
• Ability to handle sensitive and confidential situation and information
  
• Ability to formulate and analyse data from a variety of sources.
  
• Professional registration at SARA will be advantageous.
  
• GRP certification will be advantageous

What you’ll actually be doing (the fun stuff):

• Participate in relevant remuneration surveys, ensure accuracy and integrity of data and submit to survey companies.
  
• Benchmark remuneration practices with earmarked survey houses, interpret and assist with proposals and implementation after approval. Consider many alternatives to attract and retain employees and propose enhancements.
  
• Research niche remuneration practices eg Actuarial and ICT positions by conducting internal and external benchmarking studies to ensure that the Groups remuneration practises are competitive and responsive to the market.
  
• Develop and customise different scales (general and specialist scales) by applying sound approved remuneration principles for submission to the Manager: Remuneration and Benefits and Senior Manager: Reward for their review submission and approval.
  
• Prepare pro-active reviews of market and best practice trends.
  
• Assist in compiling recommendations to the People Practice Committee for approval of variable pay and reward related benefits.
  
• Prepare input for recommendations on remuneration and reward matters (apply specialist and legislative knowledge) and submit to Senior Remuneration Specialist.
  
• Prepare and update the job evaluation policy, processes, procedures and guidelines for approval by Senior Manager: Reward.
  
• Identify scarce and critical skills in the market to determine (test) whether individual scales are required for these positions.
  
• Liaise with current role holder or supervisor and subject matter experts of the job to ensure comprehensive understanding or role dimensions prior to evaluation. Provide title benchmark information to supervisor/manager requesting a new job.
  
• Evaluate all new and existing job descriptions to ensure no overlaps and technical soundness in relation to supporting positions and reporting into positions.
  
• Confirm internal parity and external benchmarks of scales during the evaluation process.
  
• Provide an indicative grade to Senior Remuneration Specialist as well as a benchmarked scale to complete costing for recommendation or budget processes.
  
• Arrange for evaluation quotes and manage cost thereof.
  
• Liaise and manage grading process with third-party salary house on approval of an of new position or upgrading of a position 

This isnt just a job its your chance to shape how thousands of people feel valued, stay motivated, and stick around longer.
Youll influence decisions at the highest level while playing detective with market trends and reward innovation.
Ready to level up remuneration game across the Group?