Senior Performance & Reward Specialist

A dynamic organisation going through a period of growth and change, this ASX listed business is seeking a skilled Performance and Reward Specialist to lead a critical project focused on conducting end-to-end remuneration reviews.As the Senior Performance and Reward Specialist, you will be responsible for overseeing and executing a comprehensive remuneration review project aimed at optimising the compensation structures to align with business objectives and industry standards.
This project focused role will:

• manage the delivery of the annual remuneration review process; provide relevant remuneration and market pay analyses;
• contribute to the drafting of communications;
• ensure data management of the remuneration review tool (ELMO) to confirm sound management decision making is undertaken.

This is a pivotal role that requires a strategic mindset, strong analytical skills, and the ability to communicate effectively with stakeholders at all levels of the organisation.Key Responsibilities:

• Conducting thorough analyses of current compensation practices, including salary benchmarking, incentive structures, and benefits packages.
• Collaborating with HR, finance, and other relevant departments to gather data and insights necessary for the review process.
• Developing and implementing recommendations for improving compensation strategies to attract, retain, and motivate top talent.
• Ensuring compliance with regulatory requirements and best practices in compensation and benefits.
• Providing guidance and support to HR business partners and managers on compensation-related matters.
• Presenting findings and recommendations to senior leadership and key stakeholders.

Qualifications:

• Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
• Proven experience (5+ years) in performance and reward management either in a specialist role, or as a key focus in a broader HR role
• In-depth knowledge of compensation principles, market trends, and regulatory requirements.
• Strong analytical skills with the ability to interpret complex data and draw actionable insights.
• Excellent communication and presentation skills, with the ability to influence stakeholders at all levels.
• Demonstrated project management capabilities, including the ability to manage timelines and deliverables effectively.

Reference Number:3773479Date Published:23-Apr-2024Contact Name:Anica WeereratneContact Email:aweereratne@thenextstep.com.auShare this jobInterested in this job?Save this jobPrint this jobCREATE ALERTSimilar JobsConsultant Name: Consultant Email: Social AccountsSCHEMA MARKUP ( This text will only show on the editor. )The Next Step embraces individuality and differences in gender, age, ethnicity, race, cultural background, disability, faith and sexual orientation. We strive to provide a recruitment experience that’s fair, inclusive and accessible. We encourage all suitable applicants to apply for roles. Please speak to our consultants about any accessibility needs to be considered during the recruitment process.Let’s connectSYDNEYTHe Commons, LEVEL 4388 George StreetSydney NSW 2000GADIGAL landMELBOURNELEVEL 1, SUITE 1.02,838 COLLINS STREETDOCKLANDS VIC 3008WURUNDJERI WOI-WURRUNG
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