SOUTH AFRICAN MARITIME SAFETY AUTHORITY (SAMSA) - REMUNERATION, SOCIAL & ETHICS COMMITTEE (REMCO)

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Requirements:

• A tertiary qualification;
• An ideal candidate should have more than five (5) years' of management experience, gained from Human Resource/Remuneration Management environment;
• To have an understanding of typical remuneration practices and processes;
• Be familiar with the terminology and basics of remuneration design;
• Be able to understand expected outcomes of different pay schemes;
• Monitoring activities with regards to social and economic development, good corporate citizenship, environment, health and public safety, consumer relationships and labour and employment;
• Offer assistance in addressing ethical issues that might arise and facilitate sound decision making that respects values, concerns, and interests of the entity; and
• Have experience as a business leader.

 
Role of the Committee: The role of the Committee is to assist the Board to ensure that:

• The Directors, Executives and Prescribed Officers are remunerated fairly and responsibly with the long-term interests of the company in mind
• The remuneration report and disclosure of remuneration is simple to read and understand, accurate and complete;
• An effective Human Resource principles and Policies are in place, aligned with the entity's strategy, and is applied consistently throughout the entity at all employee levels; and
• Support the commitment to corporate social responsibility, ethics and sustainability.

 
Responsibilities of the Committee:
The Committee must perform all the functions necessary to fulfil its role as stated above, and shall include, without limitation, the following:

• Advise and make recommendations to the Board on all human capital, including remuneration issues;
• Advise and recommend to the Board on employment terms and conditions of the CEO and Executive Managers
• Give direction to the Chief Executive Officer in his/her management the entity's human capital and other people responsibilities
• Act as a channel of communication and co-ordination between Management and the Board on human capital-related matters
• Approve and recommend adoption by the Board of SAMSA's human capital-related policies and procedures
• Ensure annual review of SAMSA's human capital-related policies and procedures
• Ensure full implementation of SAMSA's human capital-related legislative requirements as well as policies; and
• Monitor the functioning of all SAMSA Management's human capital sub-committees by receiving documentation related thereto as determined by REMCO on a structured, regular basis.
• Monitor activities with regards to social and economic development, good corporate citizenship, environment, health and public safety, consumer relationships, labour, employment and address any ethical issues that may arise.

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General Information
Term of office and Remuneration:​
The term of office for the appointed candidate will be one (1) year, after which it will be reviewed by the Board for possible extensions for a three (3) year period.
These are not salaried positions. However, the appointed persons will be remunerated for attending meetings at the rate determined by the Board. The maximum period that each member can serve is two terms.
 
As we are committed to Employment Equity in our employment practices, it is our intention to appoint individuals with the aim of meeting our Equity objectives.
 
Preference will be given to members of the designated groups to achieve the objectives of Employment Equity.
 
Application must be in writing and must be accompanied by the following documentation: CV, motivation and details of three referees to be forwarded to: recruitment@samsa.org.za
 
Closing date of all applications: 30 November 2022