Principal Reward Specialist
4 days ago
The Principal Reward Specialist will lead and provide support for global, regional and local reward initiatives to the Minerals Australia Assets.
**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.
- 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 remuneration philosophy and frameworks, understanding impacts of reward decisions, consistent application of flexible work arrangements and other I&D initiatives.
- Support the development of reward capability in the business and HR, via coaching and partnering, 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 & 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.
Requirements:
- Degree or equivalent education or experience required.
- 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 use of the Microsoft Office suite, in particular Microsoft Excel.
- Experience with managing the delivery/execution of global reward activities and initiatives.
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