Compensation and Benefits Specialist

Placements24; Sandton; Hybrid; ZAR 680,000 - 1,120,000; Full time

Benefits offered by this job

Hybrid work model

Medical aid

Life insurance

Retirement fund benefits

Professional growth opportunities

Job summary

Placements24 in Sandton is seeking an analytical and strategic Compensation and Benefits Specialist to design, implement, and manage competitive programs that attract, retain, and motivate employees. You will research the market, analyze salary structures, and administer benefits in a hybrid work setting within Gauteng.

The role requires a Bachelor's degree and 5+ years of experience in compensation and benefits, with strong Excel skills and knowledge of SA compensation legislation.

Qualifications

• Bachelor's degree in Human Resources, Finance, Economics, or related field.
• Minimum 5 years of experience in compensation and benefits administration.
• Strong analytical skills and proficiency in Excel for data analysis and modeling.
• In-depth knowledge of compensation principles, benefits design, and relevant legislation.
• Experience with HRIS and compensation management software.
• Excellent communication and presentation skills.

Responsibilities

• Develop and manage the company's salary structure, ensuring internal equity and external competitiveness.
• Administer employee benefits programs, including health insurance, retirement plans, and other statutory benefits.
• Conduct market analysis and benchmarking for compensation and benefits to inform program design.
• Ensure compliance with all relevant compensation and benefits legislation in South Africa.
• Communicate compensation and benefits information effectively to employees and management.
• Participate in the annual salary review and bonus process.

Skills

Analytical skills

Excel modeling

Data analysis

Education

Bachelor's degree in HR/Finance/Economics

Tools

HRIS

Compensation software

Job description

About the Role

Our client is seeking an analytical and strategic Compensation and Benefits Specialist to join their HR team in Sandton . This role is responsible for designing, implementing, and managing competitive and equitable compensation and benefits programs that attract, retain, and motivate employees. You will conduct market research, analyze salary structures, and administer benefits programs to ensure they align with the company's strategic goals and market competitiveness. This position offers a hybrid work arrangement within the premier business district of Gauteng .

Key Responsibilities

• Develop and manage the company's salary structure, ensuring internal equity and external competitiveness.
• Administer employee benefits programs, including health insurance, retirement plans, and other statutory benefits.
• Conduct market analysis and benchmarking for compensation and benefits to inform program design.
• Ensure compliance with all relevant compensation and benefits legislation in South Africa .
• Communicate compensation and benefits information effectively to employees and management.
• Participate in the annual salary review and bonus process.

Requirements

• Bachelor's degree in Human Resources, Finance, Economics, or a related field.
• Minimum of 5 years of experience in compensation and benefits administration.
• Strong analytical skills and proficiency in Excel for data analysis and modeling.
• In-depth knowledge of compensation principles, benefits design, and relevant legislation.
• Experience with HRIS and compensation management software.
• Excellent communication and presentation skills.

Benefits

• Highly competitive salary and performance-based bonuses.
• Hybrid work model offering work-life balance.
• Comprehensive medical aid, life insurance, and retirement fund benefits.
• Opportunities for professional growth and specialization in C&B.
• Prime location in Sandton with excellent amenities.