Compensation and Benefits Analyst - Manufacturing

Placements24; Durban; Hybride; ZAR 700 000 - 900 000; Plein temps

Avantages offerts par ce poste

Competitive salary with performance‑or

Medical aid and retirement annuity

Life insurance

Professional growth opportunities

Hybrid working arrangements

Wellness programs

Résumé du poste

Placements24 is seeking a Compensation and Benefits Analyst to design and administer competitive pay and benefits programs for staff in Durban, KwaZulu-Natal. The role requires strong analytical skills, knowledge of SA remuneration practices, and collaboration with HR and finance to manage budgets and program effectiveness.

The position supports salary reviews, bonus processes, and employee communications, with a focus on equity, compliance, and strategic alignment in a manufacturing context.

Qualifications

• Bachelor's degree in HR, Finance, Statistics, or related field.
• Minimum 4 years experience in compensation and benefits analysis.
• Strong analytical and quantitative skills with data analysis and modeling.
• In-depth knowledge of compensation principles, job evaluation, and benefits administration.
• Familiarity with South African labour laws and remuneration requirements.

Responsabilités

• Conduct market research and analyze compensation and benefits data to ensure competitive offerings.
• Design, implement, and administer salary structures, incentive plans, and employee benefits programs.
• Evaluate job roles and conduct job grading and leveling exercises.
• Ensure compliance with relevant South African labour laws and regulations.
• Administer retirement funds, medical aid, and other employee benefits schemes.
• Prepare reports and presentations on compensation and benefits trends and costs.
• Support annual salary reviews and bonus processes.

Connaissances

Analytical skills

Communication skills

Detail-oriented

Formation

Bachelor's degree in HR, Finance, Statistics, or related field

Outils

HRIS systems

Excel (Pivot, VLOOKUP, macros)

Description du poste

About the Role

Our client, a prominent manufacturing group with operations across South Africa, is seeking a skilled Compensation and Benefits Analyst to join their Human Resources department in Durban, KwaZulu-Natal . This role is responsible for the design, implementation, and administration of competitive compensation and benefits programs that attract, retain, and motivate employees. You will play a crucial role in ensuring that compensation structures are equitable, compliant with legislation, and aligned with the company's business strategy. This is an excellent opportunity to contribute to a well-established organization and influence key HR policies. The ideal candidate will possess strong analytical skills, a thorough understanding of compensation principles, and a keen eye for detail. You will work closely with HR leadership and finance teams to manage budgets and ensure the effectiveness of our client's reward strategies.

Key Responsibilities

• Conduct market research and analyze compensation and benefits data to ensure competitive and equitable program offerings.
• Design, implement, and administer salary structures, incentive plans, and employee benefits programs.
• Evaluate job roles and conduct job grading and leveling exercises.
• Ensure compliance with all relevant South African labor laws and regulations pertaining to compensation and benefits.
• Administer the company's retirement fund, medical aid, and other employee benefit schemes.
• Develop and deliver clear communication to employees regarding compensation and benefits programs.
• Manage relationships with external vendors and service providers for benefits and compensation surveys.
• Prepare reports and presentations on compensation and benefits trends, costs, and recommendations for management.
• Support annual salary review and bonus processes.

Requirements

• A Bachelor's degree in Human Resources, Finance, Statistics, or a related field.
• A minimum of 4 years of experience in compensation and benefits analysis or a related HR function.
• Strong analytical and quantitative skills, with proficiency in data analysis and modeling.
• In-depth knowledge of compensation principles, job evaluation methodologies, and benefits administration.
• Familiarity with South African labor laws and statutory requirements related to remuneration.
• Proficiency in HRIS systems and advanced Excel skills (pivot tables, VLOOKUP, macros).
• Excellent communication and presentation skills, with the ability to explain complex information clearly.
• Detail-oriented with a high level of accuracy.
• Experience in the manufacturing sector in Durban, KwaZulu-Natal is advantageous.

Benefits

• Our client offers a competitive salary commensurate with experience, along with performance-based incentives.
• A comprehensive benefits package includes medical aid, a retirement annuity, and life insurance.
• Opportunities for professional growth and development are a key focus, with access to specialized training and industry conferences.
• The company promotes a healthy work-life balance through its flexible hybrid working arrangements.
• A supportive team environment and a commitment to employee well-being are core values.
• Access to company-sponsored wellness programs and employee assistance services are provided.
• Long-term career progression opportunities within the organization are significant.
• Regular performance feedback and development planning sessions are conducted.