Job Description: The Senior Remuneration Specialist will be responsible to: Conduct market benchmarks for key executive roles on an annual basis. Compile reports for REMCO on annual salary reviews, incentive payments, and new remuneration policy proposals Conduct annual pay gap analysis for reporting purposes to agencies and integrated annual report Provide specialist advice to business units within Discovery Group, escalated by specialists and Heads of People. Conduct research on key areas regarding remuneration and benefits to analyse and predict market trends. [the_ad id="21943"] Job Responsibilities: Identify and implement opportunities for improvement to existing processes As a member of the Reward team, contribute in leading Reward initiatives at Group or business unit level Conduct education to line managers to ensure pay decisions are in line with the remuneration philosophy and the pay construct is understood Monitor effectiveness and market competitiveness of incentive schemes by conducting periodic audits and prepare reports Maintain an understanding of executive remuneration and interpret trends in order that the executive remuneration and benefits packages remain competitive Ensure that remuneration practices are in compliance with current legislation Proactively identifies and analyses the needs of the business by conducting research into remuneration trends and best practices. Compile Remuneration Committee submissions at Group and business unit level Contribute in identifying business requirements for enhancements to Reward systems. Advising business on the Group’s reward philosophy and governance Ensure the design of reward practices is compliant with applicable legislation and regulation Job Requirements: International Financial Reporting Standard 2 Share-based Payment Professional Registration Chartered Reward Specialist with SARA or Global Remuneration professional Sound knowledge of Labour legislation, King III and relevant governance codes that influence sphere of job. Global Remuneration Professional (GRP) Qualification & Experience: 6 to 12 years' relevant experience (with Global Remuneration Professional (GRP) Certificate). 12 years remuneration experience Bachelors' Degree/3 year Diploma (equivalent to NQF Level 6) Job Details: Company: Discovery Limited Vacancy Type: Full Time Job Location: Roodepoort, Gauteng, South Africa Application Deadline: N/A [the_ad id="21944"] Apply Here jobsrican.com
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