Compensation and Benefits Analyst

Placements24; Gqeberha; On-site; ZAR 420,000 - 660,000; Full time

Benefits offered by this job

Comprehensive medical aid

Life insurance

Retirement planning

Generous leave policy

Professional development

Job summary

Placements24 is seeking a highly analytical Compensation and Benefits Analyst to join its Port Elizabeth team. You will design, implement and administer competitive C&B programs and translate market data into actionable insights.

Requirements include 3–5 years in C&B, strong Excel and HRIS skills, knowledge of pay philosophies and SA labor laws, and a BA/BS in Finance, Economics or HR. Benefits include medical aid, retirement planning, and generous leave.

Qualifications

• 3–5 years of experience in Compensation and Benefits analysis or administration.
• Strong analytical and quantitative skills, with proficiency in Excel and HRIS systems.
• Knowledge of compensation philosophies, job evaluation methods, and benefits administration.
• Excellent understanding of South African labor laws related to compensation and benefits.

Responsibilities

• Conduct market research and analyze salary benchmarks to ensure competitive compensation packages.
• Develop and maintain job grading and salary structures.
• Administer employee benefits programs, including health insurance, retirement plans, and wellness initiatives.
• Ensure compliance with all applicable compensation and benefits regulations.
• Analyze the effectiveness of existing C&B programs and recommend improvements.
• Prepare reports and presentations on compensation and benefits data for management.

Skills

Analytical mindset

Quantitative skills

Excel

HRIS proficiency

Education

Bachelor's degree in Finance/Economics/HR

Tools

HRIS systems

Job description

About the Role

Our client is seeking a highly analytical and detail-oriented Compensation and Benefits Analyst to join their team in Port Elizabeth . This role is responsible for the design, implementation, and administration of competitive compensation and benefits programs that attract and retain top talent. You will conduct market research, analyze pay structures, and ensure compliance with relevant regulations. The ideal candidate possesses strong analytical skills, a thorough understanding of C&B best practices, and the ability to translate complex data into actionable insights.

Key Responsibilities

• Conduct market research and analyze salary benchmarks to ensure competitive compensation packages.
• Develop and maintain job grading and salary structures.
• Administer employee benefits programs, including health insurance, retirement plans, and wellness initiatives.
• Ensure compliance with all applicable compensation and benefits regulations.
• Analyze the effectiveness of existing C&B programs and recommend improvements.
• Prepare reports and presentations on compensation and benefits data for management.

Requirements

• 3-5 years of experience in Compensation and Benefits analysis or administration.
• Strong analytical and quantitative skills, with proficiency in Excel and HRIS systems.
• Knowledge of compensation philosophies, job evaluation methods, and benefits administration.
• Excellent understanding of South African labor laws related to compensation and benefits.
• Bachelor's degree in Finance, Economics, Human Resources, or a related field.
• Experience within the Port Elizabeth industrial sector is an advantage.

Benefits

• Attractive salary with annual bonus opportunities.
• Comprehensive medical aid, life insurance, and retirement planning.
• Generous leave policy and paid public holidays.
• Professional development and training programs.
• A stable and forward-thinking work environment.