Compensation Analyst

Durban FULL TIME R25,000 - R50,000 / Month
(R300,000 - R600,000 / Year)

Job Description

In this role, you'll utilize your analytical skills to evaluate and improve our compensation structures. Collaborating with key stakeholders, you'll ensure that pay practices align with industry standards and support our organizational goals. Your insights will provide essential data to drive strategic decision-making.

Responsibilities

  • Review and update compensation policies to ensure alignment with best practices.
  • Prepare presentations and reports for management on compensation trends.
  • Participate in compensation surveys to gather market data.
  • Assist in the formulation of compensation offers for new hires.
  • Collaborate with the talent acquisition team to identify competitive salary packages.
  • Monitor the effectiveness of salary programs and adjust where necessary.
  • Help in developing training materials related to compensation structures.
  • Engage with external consultants to refine compensation strategies.

Requirements

Education
  • Bachelor's degree in Human Resources or Business Administration
  • Master's degree or MBA is preferred
Experience
  • 5+ years of experience in compensation or HR analysis roles
Technical Skills
  • Microsoft Excel
  • HRIS Systems
Soft Skills
  • Problem-Solving
  • Teamwork
Certifications
  • Compensation Management Certification
Languages
  • English: Fluent

Advantageous

  • Familiarity with job evaluation methods: Understanding of job evaluation systems and practices for compensation assessments.
  • Strong organizational skills: Exceptional organizational abilities to manage multiple compensation projects.

Benefits

  • Attractive salary package with annual increases
  • Full medical aid coverage
  • Work-from-home options and flexible schedules
  • Access to training and development programs

Company Culture

  • Innovation: Our culture encourages innovative thinking and exploring new ideas.
  • Empowerment: We empower our employees to take initiative and make impactful decisions.
  • Work-Life Balance: We promote a healthy work-life balance for our employees.
Status: Closed