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Principal Reward Specialist

2 months ago

Brisbane, Queensland, Australia BHP Group Full time
About the Role

The Principal Reward Specialist will lead and provide support for global, regional, and local reward initiatives to the Minerals Australia Assets. This role is primarily responsible for local engagement with the business, provision of specialist and technical reward advice, and support for the deployment of all relevant regional and global strategic reward initiatives, with consideration of the local regional context.

Key Responsibilities
  • Act as a strategic partner to HR and leaders, and provide deep functional remuneration and benefits expertise to add value to the business, including the governance and deployment of the global and local remuneration frameworks, policies, and procedures.
  • Contribute to the strategic design and implementation of global remuneration policy, recognition programs, and frameworks, with regional and business input.
  • Provide technical and specialist reward advice on:
  • Application of remuneration philosophy and frameworks.
  • Understanding impacts of reward decisions (including legacy arrangements).
  • Consistent application of flexible work arrangements and other I&D initiatives.
  • Other ad-hoc remuneration components, including the application of reward in industrial agreements.
  • Strategic application of reward in consultation with other HR sub-functions.
  • Support the development of reward capability in the business and HR (including GBS), via coaching and partnering (diagnose, coach, consult) to ensure reward implementation and execution is accurate and fit for purpose.
  • Proactively seek an understanding of the relevant external salary market landscape, forecasts, and movements and interpret the information for internal stakeholders.
  • Support Employee Relations team with the remuneration elements in the development and implementation of industrial agreements, as well as the maintenance of remuneration terms in existing industrial agreements and relevant industry awards.
  • Provide specialist advice and support to Reward Operations in key remuneration activities, including job grading, reward and benefits administration, annual reward review processes, gender pay analysis, external reporting, executive remuneration proposals and payments, union agreement support, enquiry management, etc.
  • Support the Manager Reward, Australia as required.
About You

To be successful in this role, you will require:

  • A degree or equivalent education or experience.
  • Experience with the management and understanding of incentive plans, bonus pooling, and relevant reward and remuneration processes.
  • Extensive technical experience in remuneration and benefit programs, as well as strong people management (directly or indirectly) in a global company.
  • Excellent understanding of HR practices and compensation/remuneration cycle management.
  • Excellent communication skills, high attention to detail, and strong analytical skills.
  • Proficiency in the use of the Microsoft Office suite, in particular Microsoft Excel.
  • Experience with managing the delivery/execution of global reward activities and initiatives.
  • Deep technical expertise in remuneration and benefit programs, including the ability to think conceptually, analyze, problem-solve, and drive practical solutions.
  • Promote a culture of innovation, learning, and development, and continuous improvement with the team.
  • Ability to influence others to achieve desired outcomes, including being able to work with people across all levels of the organization (administrators to Vice Presidents) and cross-culturally as part of a global team.
  • Able to translate data analytics into commercial insights and strategic business priorities.