Compensation and Rewards Specialist

1 week ago

Sydney, New South Wales, Australia Suncorp Group Full time
Key Responsibilities
  • Provide specialist benchmarking, job evaluations and remuneration recommendations for executives to ensure alignment with industry standards and best practices.
  • Ensure ongoing compliance with all applicable legislation, regulations and internal standards to maintain a high level of corporate governance.
  • Contribute to the formulation and implementation of reward strategies across the Group, including remuneration, recognition, benefits, superannuation, and insurances to support business objectives.
  • Prepare employee equity offers, conduct role pay and gender pay analytics, and support diversity reporting to promote a culture of inclusion and equality.
  • Manage remuneration budgets and forecasts, deliver Suncorp’s share plans, and oversee the relationship with share services providers to ensure seamless execution.
  • Implement new benefits and review the effectiveness of existing ones to continuously improve the employee experience and drive engagement.
Requirements
  • 5+ years of experience in advising and delivering on reward and benefits policies and practices, with sound knowledge of current trends, legislation, and taxation.
  • Proven consultation and stakeholder management skills, with the ability to manage multiple deliverables and prioritize in a fast-paced environment.
  • Strong project management skills, advanced Excel capabilities for analysing large and complex data sets, and the ability to research, extract, and communicate insights clearly.
  • Excellent written and verbal communication skills, attention to detail, and the ability to operate with discretion and maintain confidentiality.
  • Ability to be proactive, take initiative, manage ambiguity, and understand, interpret, and apply policies, procedures, and guidelines effectively.
What We Offer
  • A range of flexible working and leave options, including 20 weeks paid parental leave, 4 weeks paid secondary carer parental leave and unlimited paid emergency response leave.
  • Discounts and offers on a range of retail favourite stores as well as banking and insurance products.
  • Give back to our communities with payroll giving, donation matching and paid volunteer leave.
  • Invest in your brighter future with ongoing study support and career development programs.
  • Prioritise your work/life balance with our robust employee assistance program and dedicated employee council.

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