Remuneration Specialist

WANTED: Remuneration Rockstar –
Make Paychecks Pop & Markets Bow!

Job Overview:

• 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
  

• 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 Group’s 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