Performance & Reward Specialist

Job Description

About the role

In this exciting opportunity, you will be a key member of a small team who deliver the suite of performance and reward activities across People First Bank. As a critical thinker who thrives on collaborating with others, you will deliver remuneration and performance programs to support the achievement of strategic objectives whilst responding to our workforce plan.

Your key areas of impact will be:

Remuneration & Performance:

• Complete accurate job evaluations, maintain position grading tools and provide guidance and coaching to internal stakeholders.
• Complete bi-annual and annual market position matching and survey submissions and regularly maintain position matching systems.
• Manage core reward framework components to ensure currency of the framework and competitiveness in market.
• Contribute with the design and implementation of performance frameworks that support the achievement of strategic objectives.
• Design incentive calculation spreadsheets to calculate multiple incentive plan targets.
• Manage the quarterly incentive plan, including calculating outcomes.

Employee Benefits

• Support and manage the development, implementation and review of the employee benefits programs.
• Negotiate and maintain effective relationships with external benefits providers to maximise employee benefits and our overall employee value proposition (EVP).
• Lead the Salary Packaging process by working closely with outsourced providers to ensure maximum benefit for employees.

Governance & Reporting

• Contribute with the review, development and implementation of remuneration, performance and reward policies and procedures.

About you

You have solid experience in a remuneration and performance role, you are proactive and seek to improve processes and procedures. You ask the right questions, understand and apply complex concepts and think critically to solve problems. You enjoy and are comfortable working independently and managing tasks on your own.

To be successful in this role, you will need to be an Excel wizard with skills to create, maintain and manipulate large and complex spreadsheets and dive into data analysis.

We also seek:

• Tertiary qualifications in Human Resources, Commerce or Business
• Well-developed business writing skills and capability to create clear and compelling reports and documents.
• Understanding and experience with performance and reward frameworks, remuneration benchmarking, Hay job evaluation, incentive design principles, and benefits.
• Proven track record in managing annual remuneration reviews and incentive programs.
• Familiarity with relevant HR legislation, Enterprise Agreements, NES, and Modern Awards.

Experience in the Financial Services sector will be an advantage.

Who are we?

It's an exciting time to join our organisation! On 1 March 2023, two of Australia's most successful member-owned banking organisations merged, to form Heritage and People's Choice - Australia's leading mutual banking organisation and a genuine, member-owned alternative to the major banks.

We exist to create a better future for our members and the communities in which they live.

We are 100% member owned, with approximately 720,000 members and 1,900 employees. We have dual head offices in Adelaide and Toowoomba, and 95 branches across South Australia, Victoria, New South Wales, Queensland and the Northern Territory, trading under two brands, Heritage Bank and People's Choice.

When you come to work at Heritage and People's Choice, you'll be joining a team of inclusive, friendly, and motivated employees who value making a difference every day for our members, community, and the planet. We are committed to creating an outstanding working environment where you feel supported, can continue to develop and are proud advocates of our members and our business.

Benefits of working for us

We believe the little extras can make a big difference in supporting your success. That's why we offer great incentives and benefits including:

Extensive range of financial and lifestyle benefits, including (but not limited to):

• paid parental leave and special leave provisions
• employee banking benefits and discounted insurances
• Career development opportunities, and ongoing training, coaching and support
• A dedicated Employee Assistance Program for you and your family to access in times of need
• Paid volunteering days and access to a diverse range of community and charitable initiatives

If this sounds like you, then this is the next step in your career. Click 'Apply' now and submit your application, including a cover letter and current resume.

We are committed to diversity and inclusion and support candidate requests for adjustments to accommodate disability, illness or injury, to enable everyone to equitably participate in our selection process.