Compensation Specialist

Durban FULL TIME R20,833 - R29,167 / Month
(R250,000 - R350,000 / Year)

Job Description

We are looking for a Compensation Specialist to manage and enhance our compensation and benefits programs. The ideal candidate will bring expertise in payroll, employee compensation strategies, and market analysis to ensure our practices align with industry standards.

Responsibilities

  • Manage and evaluate employee performance pay to align with company objectives.
  • Assist in the development of incentive programs aimed at driving employee performance.
  • Collaborate with finance to prepare and maintain annual compensation budgets.
  • Respond to staff inquiries about compensation and benefits matters.
  • Analyze turnover rates and provide insights to reduce employee attrition.
  • Keep up with compensation trends and developments in the industry.

Requirements

Education
  • Bachelor's degree in Finance, Business Administration, or related field
  • Master's degree is preferred
Experience
  • 5+ years of experience in a compensation-focused role
Technical Skills
  • Statistical Analysis Skills
  • Excel Expertise
Soft Skills
  • Problem-solving
  • Collaboration
Certifications
  • Certified Employee Benefit Specialist (CEBS)
Languages
  • English: Fluent

Advantageous

  • Certification in Data Analysis: This certification proves ability to manage compensation data effectively.
  • Familiarity with payroll systems: Experience working with payroll software and systems is an advantage.

Benefits

  • Performance-based bonuses and incentive plans
  • Flexible working hours
  • Learning and development opportunities
  • Employee assistance programs

Company Culture

  • Inclusivity: We are committed to fostering an inclusive work environment where everyone belongs.
  • Engagement: Employee engagement and satisfaction are key to our success, with regular feedback sessions fostering open communication.
  • Growth Mindset: We promote a growth mindset, encouraging employees to learn and develop throughout their careers with us.
Status: Open