Remuneration Principal
- Permanent position based in our North Sydney office
- Join a business providing an essential service in Australia’s supply chain
- Be a part of a caring and experienced People & Culture Team
About us
Pacific National (PN) is the largest provider of diversified rail freight services in Australia. We haul a variety of freight including coal, intermodal containers, steel, and a range of bulk commodities and materials that keep the region’s economy, businesses and households running. We are a company built on solid foundations and we are incredibly proud of the essential role we continue to play supporting Australia’s supply chain. At Pacific National, we take great pride in delivering our best every day and have a relentless focus on customer service and place safety above all else.
We operate nationally with approximately 3,500 staff in over 90+ sites across Australia. We respect and care for the communities in which we operate and continue to evolve our community engagement and strengthen relationships through partnerships and investment. We are focused on reducing the carbon emissions of our business, while also enabling the reduction of carbon emissions in the broader supply chain to support the National targets.
About the role
Reporting to the Head of People Services, the Remuneration Principal is responsible for managing the remuneration function delivering a framework that ensures the business can deliver against strategic objectives by attracting and retaining the right talent.
Acting as the lead for all remuneration matters, the Remuneration Principal is responsible for managing the annual remuneration activities as well as the remuneration strategy, framework, and governance. They will identify opportunities to improve and act as the key point for the business in providing advice on job classifications, market benchmarking and short and long-term incentive plan designs and management.
Key responsibilities include:
- Partner with senior leaders to continuously improve the compensation strategy, policy, procedure, system, and governance.
- Manage the job evaluation process and maintain the documentation and database to ensure the integrity of position grading framework.
- Advise on the ongoing review of reward practices to support strategic business objectives.
- Deliver the annual review for salaried employees including facilitation of the short-term incentive program.
- Prepare annual business case for salary review recommendations and short term & long-term incentive program design for Executive and Board approval.
- Partner with People & Culture Team and the business to manage, consult, and resolve compensation challenges and opportunities.
- Conduct salary benchmarking and work with external vendors to ensure continued competitive advantage in line with market trends.
- Research evolving remuneration practices in the external marketplace and provide guidance on the design and development of broad-based remuneration programs including fixed pay, short-term incentives, long-term incentives, benefits, and superannuation etc.
About you
We are looking for an experienced Remuneration Principal with a strong background in compensation and benefits management, with expertise in designing and implementing remuneration strategies, frameworks, and governance. You will have demonstrated experience in leading annual remuneration activities and ensuring alignment with the organisation’s strategic goals.
In addition, you will possess the following skills, experience, and attributes:
- Previous experience in a remuneration function within a large complex business
- Experience with HRIS systems (Oracle Peoplesoft, SuccessFactors, Workday, SAP)
- Deep understand of job evaluation and job analysis methodologies
- Trained in Korn Ferry Job Evaluation methodology desirable.
- Strong Analytical skills with attention to detail and ability to illustrate large and complex data insights in simple ways (PowerBI and Excel)
- Excellent problem-solving skill set with a focus on process improvement, efficiency and ability to find and execute creative solutions
- Strong verbal and written skills and ability to partner with stakeholders at all levels and maintain confidentiality
The benefits
At Pacific National we value diversity, inclusion, and the contribution of each team member. Our values underpin our commitment to create an inclusive culture where everyone is accepted and valued for who they are, enabling everyone to bring their authentic selves to work.
When you join the Pacific National team, you’ll be encouraged to take ownership of your career and we’ll be there to support you with a range of exciting initiatives including:
- Industry leading programs focussed on your growth and career development
- Paid parental leave up to 14 weeks, with superannuation - after only 6 months service
- Parental benefits for birth, surrogacy, adoption, foster care, and kinship care
- Opportunity to purchase additional annual leave
- Flexible working arrangements (subject to business needs)
- A focus on your mental health and wellbeing through our PeerConnect program
- Access to our Employee Assistance Program, administered by Benestar, offering confidential counselling services for employees and their eligible family members, paid for by us at no cost to you
- Access to Unmind, a digital platform that gives you access to tools, training and exercises that will support your mental wellbeing
- Discounted fitness and wellbeing benefits with membership to WhereFit, our wellbeing benefits partner
- Novated leasing and discounts on selected health insurance funds, travel, retail brands, vehicles and more
We are proud to be a WORK180 Endorsed Employer for women, and you can visit our Work180 page Pacific National | WORK180 Endorsed Employer to find out more including a list of all of our benefits and policies.
We are seeking applicants who share our values: Make it simple, Share More, Kindness, Gratitude, Curiosity, and Own it. These values help us achieve strong connections with everyone we work with and play an important part in motivating us all to do our best work.
Closing date
Applications close on the 2nd of June 2024
Next steps
Are you ready to be part of our future?
To apply, please click on the 'Apply' button below and follow the prompts.
To find out more about Pacific National, our benefits and opportunities we offer, visit our careers page: www.pacificnational.com.au/careers
Acknowledgement of Country
We acknowledge the Traditional Custodians of the land on which we work, live and rail. We pay respect to Elders past, present and future and to the continuation of cultural, spiritual, and educational practices of all Aboriginal and Torres Strait Islander peoples.