Remuneration Specialist

4 months ago

Berkeley Vale, Australia Sanitarium Health & Wellbeing Full time

**About Sanitarium**:
Sanitarium is a leading health food company dedicated to promoting well-being through nutritious and wholesome products. With a rich history spanning over a century, we are committed to providing our customers with the highest quality foods that contribute to a healthier lifestyle. As we continue to grow and innovate, we are seeking a talented Remuneration Specialist to join our dynamic team.

**Position Overview**:
We are looking for a skilled Remuneration Specialist to join our People and Culture team. As a Remuneration Specialist at Sanitarium, you will play a crucial role in ensuring our employees are compensated fairly and competitively. This position requires a deep understanding of compensation principles, market trends and legislation requirements to support the overall business objectives and policies.

This role partners with HR Business Partners, Leaders, and internal stakeholders across the Sanitarium Group of companies to provide effective remuneration and analytical solutions in line with Company Policy and our Remuneration Framework. The scope of this role includes, but is not limited to, management of small to medium sized remuneration projects, workforce insights analytics and reporting, financial modelling and budget analysis, market benchmarking, and support with preparing monthly and Quarterly Business Reports.

**Responsibilities**:

- Conduct thorough market analysis to ensure Sanitarium' s compensation packages remain competitive.
- Provide remuneration advice to key stakeholders and hiring managers.
- Project manage the annual salary review process for agreed entities. Benchmark roles against industry standards and provide recommendations as appropriate.
- Stay abreast of industry trends and surveys to remain informed on market practices.
- Analyse data and provide key insights to support remuneration decisions. Lead the job evaluation process to accurately determine the size of each position within the organisation, ensuring internal equity.
- Support with the administration of incentive schemes.
- Support with WGEA reporting.
- Provide data driven insights to support our Enterprise Agreement discussions and decisions.
- Ensure compliance with local, state, and federal regulations regarding compensation practices.
- Coordinate with external stakeholders for superannuation and benefits as required
- Monitor changes in legislation and support with adjustments to Policy and practices as required.

**Qualifications**:

- Bachelor's degree in human resources, Finance, or a related field.
- 3-5 years' experience as a Remuneration Specialist or in a similar compensation-focused role.
- In-depth knowledge of compensation principles, job evaluation methodologies, and market analysis.
- Experience using HR information systems/payroll systems.
- Strong experience using benchmarking methodologies such as Korn Ferry and/or Mercer.
- Strong analytical skills with proficiency in data interpretation and presentation.
- Excellent communication and interpersonal skills.

**How to Apply**:
Sanitarium is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Join us in making a positive impact on people's lives through whole person health.

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