SUMMARY:
Future Careers is seeking a Remuneration Specialist to join the Payroll and Remuneration department of a large national organisation. The role is based at Head Office in Cape Town and reports to the Group Payroll Manager.
POSITION INFO:
This position includes managing a small team and plays a key role in providing guidance, advice, and operational support on reward-related activities. This position involves providing specialist support and expertise on remuneration, benchmarking, surveys, and grading processes in order to ensure competitive and aligned employee remuneration and benefits. This role supports quality decision-making on compensation and contributes to effective talent attraction, motivation, and retention.
Job Objectives
• Conduct planned and ad-hoc salary benchmarking and analysis to support recommendations on the Group’s total rewards framework.
• Manage the annual salary increase and incentive bonus calculation process for all employees, ensuring accuracy within required timelines.
• Stay informed of new salary legislation (SD9, Bargaining Unit Agreements, etc.) and ensure organisational compliance and data integrity within HR systems.
• Provide accurate monthly and ad-hoc reporting to enable sound analytics and business decision-making.
• Build and maintain strong relationships with internal and external stakeholders, offering guidance and recommendations on remuneration matters.
• Maintain the grading and remuneration framework and ensure alignment with HR policies and practices.
• Lead and develop team members, ensuring effective people management and performance.
• Prepare, capture, and manage Compensation and Benefits budgets; ensure invoices are processed timeously and expenses allocated correctly.
Minimum Requirements
• Relevant tertiary qualification (NQF Level 7) - essential
• 3-5 years remuneration experience
• GRP (Global Remuneration Professional) certification
• SARA membership
• Experience working in a large, complex environment
• Experience working in SAP HCM
• Experience working with cross-functional teams, particularly HR
• Advanced MS Excel proficiency
Job-Related Competencies
• Leading and Supervising
• Adhering to Principles and Values
• Strong communication and presentation skills
• Analytical thinking
• Learning and Researching
• Planning and Organising
• Ability to cope with pressure and setbacks
• Achieving personal work goals and objectives
