P&C Remuneration Principal

6 months ago

North Sydney, Australia Pacific National Full time

**Remuneration Principal**
- ** Permanent position based in our North Sydney office**:

- ** Join a business providing an essential service in Australia’s supply chain**:

- ** Be a part of a caring and experienced People & Culture Team**

**About us**

Pacific National (PN) is the largest provider of diversified rail freight services in Australia. We haul a variety of freight including coal, intermodal containers, steel, and a range of bulk commodities and materials that keep the region’s economy, businesses and households running. We are a company built on solid foundations and we are incredibly proud of the essential role we continue to play supporting Australia’s supply chain. At Pacific National, we take great pride in delivering our best every day and have a relentless focus on customer service and place safety above all else.

We operate nationally with approximately 3,500 staff in over 90+ sites across Australia. We respect and care for the communities in which we operate and continue to evolve our community engagement and strengthen relationships through partnerships and investment. We are focused on reducing the carbon emissions of our business, while also enabling the reduction of carbon emissions in the broader supply chain to support the National targets.

**About the role**

Reporting to the Head of People Services, the Remuneration Principal is responsible for managing the remuneration function delivering a framework that ensures the business can deliver against strategic objectives by attracting and retaining the right talent.

Acting as the lead for all remuneration matters, the Remuneration Principal is responsible for managing the annual remuneration activities as well as the remuneration strategy, framework, and governance. They will identify opportunities to improve and act as the key point for the business in providing advice on job classifications, market benchmarking and short and long-term incentive plan designs and management.

Key responsibilities include:

- Partner with senior leaders to continuously improve the compensation strategy, policy, procedure, system, and governance.
- Manage the job evaluation process and maintain the documentation and database to ensure the integrity of position grading framework.
- Advise on the ongoing review of reward practices to support strategic business objectives.
- Deliver the annual review for salaried employees including facilitation of the short-term incentive program.
- Prepare annual business case for salary review recommendations and short term & long-term incentive program design for Executive and Board approval.
- Partner with People & Culture Team and the business to manage, consult, and resolve compensation challenges and opportunities.
- Conduct salary benchmarking and work with external vendors to ensure continued competitive advantage in line with market trends.
- Research evolving remuneration practices in the external marketplace and provide guidance on the design and development of broad-based remuneration programs including fixed pay, short-term incentives, long-term incentives, benefits, and superannuation etc.

**About you**

We are looking for an experienced Remuneration Principal with a strong background in compensation and benefits management, with expertise in designing and implementing remuneration strategies, frameworks, and governance. You will have demonstrated experience in leading annual remuneration activities and ensuring alignment with the organisation’s strategic goals.

In addition, you will possess the following skills, experience, and attributes:

- Previous experience in a remuneration function within a large complex business
- Experience with HRIS systems (Oracle Peoplesoft, SuccessFactors, Workday, SAP)
- Deep understand of job evaluation and job analysis methodologies
- Trained in Korn Ferry Job Evaluation methodology desirable.
- Strong Analytical skills with attention to detail and ability to illustrate large and complex data insights in simple ways (PowerBI and Excel)
- Excellent problem-solving skill set with a focus on process improvement, efficiency and ability to find and execute creative solutions
- Strong verbal and written skills and ability to partner with stakeholders at all levels and maintain confidentiality

**The benefits**

At Pacific National we value diversity, inclusion, and the contribution of each team member. Our values underpin our commitment to create an inclusive culture where everyone is accepted and valued for who they are, enabling everyone to bring their authentic selves to work.

When you join the Pacific National team, you’ll be encouraged to take ownership of your career and we’ll be there to support you with a range of exciting initiatives including:

- Industry leading programs focussed on your growth and career development
- Paid parental leave up to 14 weeks, with superannuation - after only 6 months service
- Parental benefits for birth, surrogacy, adop

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