HR Specialist - Compensation & Benefits

Placements24; Johannesburg; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Medical aid

Pension fund

Performance-based bonuses

Hybrid work model

Career development

Job summary

Placements24 is seeking an experienced HR Specialist focused on Compensation and Benefits in Randburg, Gauteng. The role designs, implements and administers salary structures, incentive plans, and health/retirement benefits, ensuring compliance with SA laws and market trends.

You will collaborate with Finance and senior HR leadership to align reward strategies with business objectives, delivering total rewards that attract and retain top talent in a complex multinational environment.

Qualifications

• Bachelor’s degree in HR, Finance, Business Admin or related quantitative field.
• Minimum of 5 years in Compensation and Benefits administration and design.
• Strong analytical and quantitative skills; ability to interpret complex data.
• In-depth knowledge of compensation principles, market analysis, and benefits administration.
• Familiarity with South African labor laws and regulations for compensation and benefits.
• Excellent communication and presentation skills.
• Proficiency in HRIS and advanced Excel.
• Experience with benefits brokerage and vendor management.
• CCP certification is a strong advantage.

Responsibilities

• Administer and manage all aspects of compensation and benefits programs.
• Conduct market research and analyze salary and benefits data for competitive positioning.
• Develop and maintain salary structures, job grading and pay equity analyses.
• Design and implement incentive and bonus programs.
• Oversee health insurance, retirement plans and other benefits.
• Ensure compliance with relevant compensation and benefits regulations.
• Partner with external vendors to manage benefit plans.
• Develop materials to explain compensation and benefits to employees.
• Analyze program effectiveness and recommend alignment with business goals.

Skills

Analytical thinking

Data analysis

Market analysis

Communication

Presentation skills

Education

Bachelor’s degree in HR/Finance/Business (quantitative)

CCP certification (advantage)

Tools

HRIS

Excel (advanced)

Benefits administration software

Job description

About the Role

Our client, a multinational corporation with a significant presence in **Randburg, Gauteng**, is seeking a meticulous and analytical HR Specialist to focus on Compensation and Benefits. This role is integral to ensuring our client maintains competitive and equitable reward strategies that attract and retain top talent. You will be responsible for the design, implementation, and administration of compensation and benefits programs, including salary structures, incentive plans, health insurance, and retirement benefits. This position requires a strong understanding of market trends, legal requirements, and data analysis to ensure our programs are effective and compliant. You will work closely with Finance and senior HR leadership to align reward strategies with business objectives. The ideal candidate will have a keen eye for detail and a passion for creating total rewards packages that motivate employees and drive organizational performance. This is an excellent opportunity for an experienced HR professional to make a substantial impact in a complex and rewarding environment in **Randburg, Gauteng**.

Key Responsibilities

• Administer and manage all aspects of the company's compensation and benefits programs.
• Conduct market research and analyze salary and benefits data to ensure competitive positioning.
• Develop and maintain salary structures, job grading, and pay equity analyses.
• Design and implement effective incentive and bonus programs.
• Oversee the administration of health insurance, retirement plans, and other employee benefits.
• Ensure compliance with all relevant legislation and regulations related to compensation and benefits.
• Partner with external vendors and providers to manage benefit plans effectively.
• Develop communication materials to effectively explain compensation and benefits programs to employees.
• Analyze program effectiveness and recommend adjustments to ensure alignment with business goals.

Requirements

• Bachelor’s degree in Human Resources, Finance, Business Administration, or a related quantitative field.
• Minimum of 5 years of experience in Compensation and Benefits administration and design.
• Strong analytical and quantitative skills, with proven ability to interpret complex data.
• In-depth knowledge of compensation principles, market analysis, and benefits administration.
• Familiarity with South African labor laws and regulations pertaining to compensation and benefits.
• Excellent communication and presentation skills.
• Proficiency in HRIS and advanced Excel skills are essential.
• Experience with benefits brokerage and vendor management.
• A professional certification in Compensation or Benefits (e.g., CCP) is a strong advantage.

Benefits

Our client offers a competitive salary package and a comprehensive benefits suite, including excellent medical aid coverage, a generous pension fund, performance-related bonuses, and ample paid time off. We provide opportunities for professional development, certifications, and career advancement within a global organization. The hybrid work model allows for a flexible balance between remote work and collaborative office time at our **Randburg, Gauteng** location. Join a team that is committed to rewarding its employees fairly and fostering a culture of growth and innovation.