Remuneration & Benefit Analyst - Midrand at Dis-Chem Pharmacies

Minimum Requirements:

Essential:

• Gr12/Matric or Senior Certificate
• Degree in Human Resources Management
• Minimum of 3 – 5 years’ experience in a similar role (5 years in compensation and 3 years in benefits)

Advantageous:

• Registration with SARA
• Advanced Excel Certification

Job function:

Remuneration and Benefits:

• Analyse Dis-Chem's compensation and benefits in accordance with established policies to ensure standardisation of pay structure.
• Analyse and prepare consolidated view of Dis-Chem's Cost to Company (CTC) conversation of the business from plus benefit.
• Provide advice to business on the annual remuneration processes ensuring the processes are fair and equitable and in line with the reward strategy.
• Implementation, updating and improvement of compensation processes.
• Collaborate with the Group Payroll Manager and Senior Managers in building a reward strategy for the group.
• Lead (as directed) on the operation of annual (or as appropriate) salary review and bonus allocation processes.
• Conduct regular benchmarking and market related pay research is undertaken when necessary.
• Participate in industry forums, HR associations, and professional networks to gather insights on compensation trends and best practices.
• Participate in compensation and benefit surveys related to our industry.
• Effectively maintain the system by ensuring accuracy of the information and archived accordingly.
• Prepare and conduct remuneration and benefits training programs when needed to managers, employees.
• Support in the implementation of HR systems to enhance the delivery of rewards and benefits interventions
• Stay abreast of current and upcoming regulatory changes; advise management on the implications and manage the impact thereof.
• Collaborate with the OD team in job evaluation, salary administration, analysis of compensation surveys and obtain all necessary information to prepare compensation and budget.

Compliance and Reporting:

• Ensure CRISP audit requirements are uploaded and manage compliance to audit requirements through regular feedback, ensuring data integrity at all times.
• Prepare monthly HR Dashboard in relation to absence cost, annualised attrition, average tenure, FTE movements, number of promotions, overtime, and absence rate.
• Review compliance with governmental guidelines and applicable laws and regulations and recommend actions as needed
• Collect data about Dis-Chem's compensation and benefit policies and analyse them to prepare reports and advise managers and/or HR Director to enable them to make informed decisions.

Stakeholder Engagement:

• Support the line managers / HR Business Partner’s with evaluation and negotiation of offers made to candidates.
• Select and manage relationships with consultants and suppliers to ensure satisfactory standards of service.
• Liaise with internal and external stakeholders to ensure remuneration and benefits opportunities are proactively addressed and interventions are successfully implemented.