Senior Compensation and Benefits Specialist

Placements24; Randburg; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Medical aid

Retirement fund

Bonuses

Hybrid work model

Job summary

Placements24 in Randburg, Gauteng, is seeking a Senior Compensation and Benefits Specialist to lead design, implementation and management of competitive C&B programs. The role partners with senior leadership and HRBPs to align offerings with market trends and strategic objectives in a hybrid work environment.

Responsibilities cover salary structures, job grading, incentive plans, benefits programs, market benchmarking, policy development, vendor management, compliance with SA labor laws, and

Qualifications

• Bachelor’s degree in HR/Finance/Business Administration or related field.
• At least 6 years of progressive compensation and benefits experience.
• Expertise in salary structuring, job evaluation and incentive plans.
• Strong knowledge of South African labor laws related to C&B.

Responsibilities

• Design, implement, and administer compensation programs including salary structures and incentives.
• Develop and manage benefits programs such as health, retirement, and wellness initiatives.
• Conduct market benchmarking to ensure competitive packages.
• Develop C&B policies and procedures; provide guidance to HRBPs and management.
• Manage relationships with vendors and ensure regulatory compliance.
• Analyze data to identify trends and improve program effectiveness.

Skills

C&B design

Job evaluation

Salary benchmarking

Incentive plan administration

Data analysis

Education

Bachelor's degree in HR/Finance/Business Administration

Tools

Excel

HRIS

C&B software

Job description

About the Role

Our client seeks a highly experienced Senior Compensation and Benefits Specialist to join their dynamic HR team in Randburg, Gauteng . This role is integral to designing, implementing, and managing competitive and equitable compensation and benefits programs that attract and retain top talent. You will work closely with senior leadership and HR Business Partners to ensure our client's offerings are aligned with market trends and strategic objectives. This position offers a hybrid work arrangement , providing a blend of in-office collaboration and remote flexibility. The ideal candidate will possess a deep understanding of C&B principles and a proven ability to analyze complex data.

Key Responsibilities

Design, implement, and administer compensation programs, including salary structures, job grading, and incentive plans. Develop and manage benefits programs, such as health insurance, retirement plans, and wellness initiatives. Conduct market analysis and benchmarking to ensure competitive compensation and benefits packages. Develop and maintain compensation and benefits policies and procedures. Provide expert advice and guidance to HR Business Partners and management on C&B related matters. Manage relationships with external vendors and benefits providers. Ensure compliance with all relevant regulations and legislation pertaining to compensation and benefits. Analyze C&B data to identify trends, measure program effectiveness, and make recommendations for improvement. Lead and support C&B related projects, including system implementations and process enhancements. Communicate C&B program details effectively to employees.

Requirements

A Bachelor’s degree in Human Resources, Finance, Business Administration, or a related field. A minimum of 6 years of progressive experience in compensation and benefits management. Expertise in compensation design, job evaluation, salary benchmarking, and incentive plan administration. In-depth knowledge of South African labor laws related to compensation and benefits. Strong analytical skills and proficiency in Excel, HRIS, and C&B software. Excellent communication, presentation, and stakeholder management skills. Ability to manage complex projects and work collaboratively in a hybrid environment. Detail-oriented with a strong commitment to accuracy and compliance. Experience in a large or complex organizational structure is advantageous.

Benefits

Our client offers a highly competitive annual salary ranging from R per annum , commensurate with extensive experience. This package includes generous medical aid contributions, a comprehensive retirement fund, performance bonuses, and opportunities for continuous professional development. The hybrid work model allows for flexibility while fostering team collaboration. This is a challenging and rewarding role based in Randburg, Gauteng , offering significant impact on talent attraction and retention strategies.