The Role
The Remuneration Specialist will analyze remuneration data, benchmark salaries, manage evaluations, and prepare budget forecasts for the department.
Summary Generated by Built In
WANTED: Remuneration Rockstar –
Make Paychecks Pop & Markets Bow!
Ever dreamed of being the wizard behind
the curtain who makes sure everyone gets paid what they're truly worth… while
keeping the company irresistibly competitive?
Well, buckle up buttercup — we're hunting
for a Remuneration Specialist who's equal parts data ninja, fairness
crusader, and creative problem-solver to join our high-energy Remuneration
squad!
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 Group’s 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 Group’s 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 department’s 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 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
This isn’t just a job — it’s your chance
to shape how thousands of people feel valued, stay motivated, and stick around
longer.
You’ll influence decisions at the highest
level while playing detective with market trends and reward innovation.
Ready to level up remuneration game across
the Group?
Skills Required
- Relevant tertiary qualification in Human Resources
- At least 4 years of remuneration and benefits experience
- Advanced level experience in Excel
- Professional knowledge of job analysis and job evaluation
- Ability to handle sensitive and confidential information
- Ability to formulate and analyse data from various sources
- Professional registration at SARA
- GRP certification
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The Company
What We Do
Sabenza IT is a niche recruitment company specializing in Information Technology, SAP, Finance, and Engineering roles, with over 23 years of experience.
