About the position
- Define a fair, equitable, and competitive total compensation and benefits package that fits and is aligned with our company's strategy and business goals.
- Develop a consistent compensation philosophy in line with work culture and organisational objectives.
- Use various methods and techniques and make data-based decisions on direct financial, indirect financial, and nonfinancial compensations.
- Differentiate pay systems to invest in the segments of the workforce that contribute the most value.
- Deploy effective communication strategies and success metrics.
- Develop and manage the annual salary review process, including coordinating with managers to ensure accurate and timely completion of salary adjustments.
- Manage the administration of employee benefits programs, including health insurance, retirement plans, pension, and group life benefits.
- Proficiency in using HR information systems and compensation software tools.
- Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc).
- Stay updated on relevant legislation, regulations, and trends related to compensation and benefits.
- Conduct periodic audits and prepare reports.
- Maintain accurate and up-to-date records and documentation related to compensation and benefits policies.
- Manage tax-related documentation.
- Coordinate with SARS to submit documents and resolve discrepancies.
- Collaborate with internal and external stakeholders to optimize tax functions.
- Ensure that records are kept in line with legal requirements.
- On an ad hoc basis, prepare, review, and submit PAYE returns.
- Provide tax advice on:
o Internal and SARS queries.
o Verification tax.
o Requests for information.
o Manage audits and disputes. - Act as liaison between SARS and the organization to ensure favourable resolutions.
- Assess employees' needs by conducting organisational psychology surveys to find out what motivates and engages employees.
- Participate in salary and labour market surveys to determine prevailing pay rates and benefits.
- Conduct ongoing research into emerging trends, issues, and best practices.
- Provide guidance and support to HR team members and managers regarding compensation and benefits-related matters.
- Collaborate with cross-functional teams, including HR, finance, and legal, to ensure effective communication and coordination of compensation and benefits initiatives.
- Assist with the development and delivery of training programs for managers and employees on compensation and benefits policies and procedures
Desired Skills:
Desired Work Experience:
Desired Qualification Level:
About The Employer:
- Be in a position of a Diploma (NQF 6) in Human Resources, Organisational Psychology/ Accounting/ Finance/ Commerce.
- Degree (NQF 7) in Human Resources, Organisational Psychology/ Finance/ Accounting/ Commerce is preferred
- Professional certification is preferred e.g, Certified Compensation Professional (CCP), South African Rewards Association (SARA), Global Remuneration Professional
- Tax certificate is preferred
- Certification in data analysis or statistics is preferred
- Should have 4 - 5 years in a similar role.
- Advanced knowledge of South African Tax regulations.
- Strong financial acumen and analytical skills.
- Proven working experience as a Compensation and Benefits Specialist.
- Prior experience in HR practices and compensation cycle management.
- Working knowledge of job evaluation and job analysis systems.
- Previous experience with organisational psychology and labour market surveys.
- Adequate knowledge of current labour rules and regulations.
- Familiarity with various types of incentives and benefits.
- Extensive knowledge of HRIS and MS Office.
- Strong quantitative and analytical skills.
- Communication skills (verbal and written).
- Negotiation skills.
- Interpersonal skills.
- Presentation and facilitation skills.
- Change management.
- Financial management & reporting.
- Planning and organising.
- Leadership skills.
- Problem solving.
- Strategic planning.
- Stakeholder management.
- Project management.
