Remuneration specialist

SUMMARY:
Join a Large Enterprise as a REM Subject Matter Expert

POSITION INFO:

The Remuneration Specialist works across the remuneration portfolio to deliver flawless execution and governance of core remuneration processes. The role serves as a key Remuneration Subject Matter Expert and supports the delivery of various Remuneration practices, including but not limited to the strategic and tactical support of the Remuneration and Compensation Execution portfolios. Activities within this portfolio include: Input into REMCO planning, execution and delivery tracking; competitive REM Benchmarking and Job Evaluation; Share Scheme management, Expatriate package structuring, and ongoing ad hoc day-to-day compensation related delivery. The role works closely with colleagues across the Human Resources Team and wider business to provide support with general compensation execution and key reward initiatives, benefits, propositions, data analytics and modelling.

Role Description:

• Provide Subject Matter Expertise and support on various aspects within the REM portfolio including strategic rewards solutions and practical, routine compensation execution.
• Support the timesous and accurate delivery of Remuneration Committee requirements and requests.
• Building effective partnerships with various REM related stakeholders, Job Evaluation partners, Investec Share Plan Services, and other HR and business stakeholders.
• Coordination of the expatriate package structuring process.
• Support the REM team to successfully prepare and execute the annual remuneration review process and internal pay equity review process.
• Acting within and reviewing of any out of policy exceptions or out of cycle remuneration changes or reward orientated requests.
• Prepare and maintain the benchmarking process and provide accurate and fair remuneration ranges that are informed by frameworks that support and measure equitable and fair pay structures.
• Support and guide the development of toolkits and delivery of workshops for the Human Resources team (specifically Human Resources Specialists and Talent Acquisition) to enable enhanced reward understanding.
• Execute any additional reporting, pay and cost modelling or research oriented activities.

Requirements

• Degree in Human Resources, Finance or equivalent
• 3-5 years experience in remuneration and compensation execution
• GRP Certification and SARA accreditation - preferred
• Exposure gained within a large scale, multinational organisation offering a variety of package structuring options, rewards and benefits, evolving governance requirements and transformative talent-oriented REM opportunities
• Knowledge of HR legislation and regulations and the translation of these into policies and procedures - essential
• Strong generalist remuneration application insights and remuneration knowledge
• A proven track record participating within a strategic, solutions, and research capacity as well as at a practical day-to-day execution level

OTHER REQUIREMENTS & COMPETENCIES

• Business & Financial acumen - The ability to understand financial and economic concepts and to identify, create and exploit opportunities (practical application).
• Administration, Reporting and interpretation - Key skills to enable effective and efficient administrative processes (sound application). The ability to analyse data, interpret and evaluate results, and create reports or presentations on gathered data (practical application).
• Adapting - The ability to adapt swiftly to changing situations, to manage the change process and to drive the changes required to achieve the organisation''s vision and remain sustainable. The ability to embrace uncertainty and adapt swiftly to changing situations.
• Analysing - The ability to systematically analyse information, to understand key business and commercial issues and to develop long term plans to achieve organisational success. The ability to systematically analyse information, identify causal relationships and main themes.
• Executing - The ability to establish plans, to coordinate and manage resources and to mobilise the actions of others by removing barriers and making clear and timeous decisions. The ability to establish plans to deliver solutions.
• Initiating - The ability to make proactive decisions, to promote self-directed behaviour in team members and to model self-reliance and empower others to think and act for themselves. The ability to make proactive decisions and take action without relying on the direction of others.
• Interacting - The ability to structure information according to the needs of an audience, to adapt a message and translate ideas effectively and  to influence others in a convincing manner.  The ability to structure information according to the needs of an audience and to present effectively.
• Relating - The ability to understand the needs and feelings of others, to create productive relationships by providing support and mediating conflict and to navigate the social and political complexity of the organisation. The ability to understand the needs and feelings of others and adapt their interpersonal style.
• Responding - The ability to remain productive in a pressurised environment, to encourage perseverance in others and to act in a manner which facilitates credibility and trust. The ability to remain productive and maintain performance in a pressurised environment.

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