Compensation and Benefits Specialist

1 month ago


Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

We are seeking a skilled Compensation and Benefits Specialist to join Isilumko Staffing. In this role, you will play a key part in achieving our strategic goals by managing and implementing compensation, benefits, and recognition initiatives.

Key Responsibilities:
  • -
Compensation Strategy: Develop and manage programs that motivate employees, establish performance criteria, and continuously improve recognition initiatives.
- Salary Benchmarking: Conduct market analysis to recommend equitable compensation adjustments, collaborating with HR and finance teams to ensure alignment with policies.
- Performance Bonus & Increase Structures: Analyze performance data to allocate bonuses and increases accurately, within a structured process.
- Project Management: Lead and coordinate key projects, managing timelines, budgets, and ensuring successful implementation.
- Payroll Management: Oversee payroll processes with service providers, ensuring accurate salary payments, compliance with local regulations, and addressing payroll-related inquiries.
- Compliance and Reporting: Ensure rewards programs comply with local laws, maintain accurate records, and provide detailed reports and data-driven insights for management.
- Benefits Management: Manage competitive benefits programs (medical aid, retirement, etc.), assist with enrollments, and continuously evaluate program effectiveness.

Salary: The estimated annual salary for this position is $80,000-$110,000, depending on experience and qualifications.

Requirements:

  • - Bachelor's degree in Human Resources, Business Administration, Commerce, or related fields.
    - 5+ years of experience in compensation and benefits, with a strong focus on project management and coordination.
    - Expertise in salary benchmarking, performance management incentives, payroll, and benefits management.
    - Experience working in African countries, with an understanding of local labor laws and regulations.
    - Proficiency in HR software (SAP, Mercans) and Microsoft Office Suite.

Bonus Structure: This position offers a bonus structure based on individual and team performance, with a target bonus range of 10%-20% of the annual salary.

Location: This position is based in [location], with opportunities to work remotely as needed.



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