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  • Rewards & Remuneration Specialist - Sandton - Frogg Recruitment SA

    Frogg Recruitment SA
    Frogg Recruitment SA Sandton

    3 weeks ago

    Frogg Recruitment SA background
    Description

    Rewards & Remuneration Specialist Sandton

    We are seeking a highly skilled Rewards & Remuneration Specialist to join our FMCG client's team. The successful candidate will play a critical role in developing, implementing, and managing compensation and benefits programs that attract, retain, and motivate top talent within the FMCG sector.

    This position requires a strategic thinker who understands market trends, compensation structures, and the unique challenges faced by the FMCG industry.

    Key Responsibilities:

    • Compensation Strategy Development: Collaborate with HR leadership to design and implement competitive compensation structures that align with the company's strategic objectives and support talent acquisition and retention.
    • Conduct Regular Benchmarking Studies: Ensure compensation packages are competitive within the FMCG market.
    • Job Analysis and Evaluation: Perform job evaluations and market salary analysis to ensure equitable pay grades and structures across the organization.
    • Create and Maintain Job Descriptions: Ensure compliance with internal and external regulations.
    • Incentive Programs: Design, implement, and manage short-term and long-term incentive programs, including bonuses, profit-sharing, and stock options tailored to the needs of the FMCG workforce.
    • Monitor Performance Metrics: Assess the effectiveness of incentive programs, making recommendations for improvements as necessary.
    • Benefits Management: Evaluate, recommend, and manage employee benefits programs, including health insurance, retirement plans, and wellness initiatives that meet employee needs.
    • Stay Updated on Industry Trends: Government regulations, and changes in the landscape of employee benefits.
    • Data Analysis and Reporting: Analyze compensation-related data to provide insights and recommendations to senior management.
    • Prepare Regular Reports: Compensation expenditures, benchmarking results, and employee satisfaction surveys.
    • Employee Communication: Develop and deliver training and communication materials regarding compensation packages, benefits, and rewards programs to employees and management.
    • Act as a Point of Contact: Employee inquiries regarding compensation and benefits programs.
    • Compliance and Governance: Ensure that compensation and benefit programs comply with legal and regulatory requirements.
    • Maintain Proper Documentation: Audit purposes and compliance reviews.
    • Continuous Improvement: Conduct regular evaluations of the effectiveness of existing compensation and benefits programs and identify opportunities for enhancements.
    • Stay Informed: Market trends and best practices in compensation and benefits, particularly within the FMCG sector.

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