Job Description

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Remuneration and Benefits Specialist

Details

Closing Date 2023/08/17
Reference Number HOL230811-2
Job Title Remuneration and Benefits Specialist
Business Unit Group Services
Department People
Job Family Human Resources
Job Type Classification Permanent
Reporting To Head: Organisation Effectiveness
Number of Positions 1
Location - Town / City Parktown
Location - Province Gauteng
Location - Country South Africa
Job Advert Summary

Helloxe2x80xa6 an exciting new opportunity has just become available in our Group Services xe2x80x93 Human Capital Team. We are looking to recruit the Remuneration & Benefits Specialist.

Job Purpose
The main purpose of the role is to design, implement and administrate reward strategies for Hollard with the goal of creating a robust and fit-for-purpose total reward environment. The primary objective is to ensure that the organization's compensation and benefits policies are competitive, compliant with relevant laws and regulations, and aligned with the company's overall strategy.

Key Responsibilities include:
Develop, design, implement and manage (administrate) appropriate compensation strategies within the Total Rewards framework that attract, retain and motivate employees
Research and benchmark pay practices on an ongoing basis to ensure they continue to meet the needs of the business and remain competitive, as well as aligned to legislative requirements
Research and benchmark benefit practices on an ongoing basis to ensure they continue to meet the needs of the business and remain competitive. Collaborate with benefit providers to negotiate and review benefit plans and contracts.
Analyse remuneration data on at least a bi-annual basis to proactively manage pay issues and ensure equitability in pay practices. This includes compensation data, market trends, and internal equity to make recommendations for salary adjustments, bonuses, and incentive programs
Develop and maintain a job evaluation process to ensure internal equity and consistency in job levels and compensation structures
Develop communication materials, including employee handbooks, guides, training material, and presentations, to educate employees about the organization's compensation and benefits programs
Facilitate employee training sessions and provide guidance on compensation related matters
Facilitate annual increase and bonus cycle
Facilitate annual job match and data upload process with remuneration providers
Stay updated on labour laws, regulations, and industry best practices related to compensation and benefits
Collaborate with the HR team to develop and update HR policies and procedures related to compensation and benefits, and ensure policies are consistent, compliant, and effectively communicated to employees
Provide internal remuneration and benefit consulting and advisory services to the Human Capital community
Required Knowledge and Experience

5+ years remuneration and benefits experience
Previous multi-national / Pan African experience advantageous
Previous experience with short term and long-term incentive design advantageous
Strong analytical and quantitative skills
Attention to detail and ability to handle sensitive and confidential information
Strong numerical skills
Good interpersonal skills
Strong organizational and project management skills
Ability to work under pressure
Deadline driven
Self-managed
Project management
Educational Requirements

Post Graduate degree in Human Resources or related field
GRP accreditation or working towards completion of GRP programme
Professional membership of SARA or similar

Policy

We are committed to Employment Equity when recruiting internally and externally. It is company policy to promote from within wherever possible. Therefore, please be aware that internal candidates will be considered first before reviewing external applicants, provided that this supports achievement of our Employment Equity goals. We encourage applicants living with disabilities to apply.

Hollard does not charge individuals seeking employment any fees, whether for registration, application, administration or placement.

xc2xa9 Hollard. All rights reserved.

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