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    • Compensation & Benefits Officer - Cape Town - Southey Contracting

    Southey Contracting
    Southey Contracting Cape Town

    1 month ago

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    Description

    Compensation & Benefits Officer Job Description:

    Job Summary

    We are seeking a detail-oriented Compensation & Benefits Officer to join our HR team. This critical role involves designing, implementing, and managing the company's compensation and benefits programs to ensure they are competitive, equitable, and aligned with our overall goals.

    Key Responsibilities:

    • Develop and implement compensation and benefits policies and procedures that align with industry best practices, legal requirements, and organizational objectives.
    • Manage the company's salary structure, conduct regular benchmarking studies, and market analysis to evaluate the competitiveness of compensation and benefits packages, making recommendations for adjustments as needed.
    • Administer employee benefits programs, including health insurance, retirement plans, wellness programs, and other fringe benefits, ensuring compliance with regulatory requirements.
    • Collaborate with external vendors to negotiate contracts, resolve issues, and ensure efficient administration of benefits programs.
    • Provide guidance and support to employees on compensation and benefits-related questions, concerns, and issues, serving as a subject matter expert on total rewards.
    • Analyze compensation data, trends, and metrics to identify areas for improvement, cost-saving opportunities, and strategies to enhance employee engagement and retention.
    • Partner with the HR team to develop and deliver training programs, communications, and tools to educate employees on compensation and benefits offerings and promote understanding and appreciation of total rewards.
    • Stay informed about changes in legislation, regulations, and market trends affecting compensation and benefits practices, recommending adjustments to programs and policies to ensure compliance and competitiveness.

    Qualifications:

    • Bachelor's degree in human resources, Business Administration, Finance, or a related field.
    • 3+ years of progressive experience in compensation and benefits administration, HR, or related roles.
    • Demonstrated expertise in designing, implementing, and managing compensation and benefits programs in a corporate environment.
    • Strong understanding of compensation structures, job evaluation methodologies, market pricing, and benefits administration.
    • Proficiency in data analysis, interpretation, and reporting, with experience using HRIS systems and advanced Excel skills.
    • Excellent communication, interpersonal, and negotiation skills, with the ability to interact effectively with employees at all levels of the organization.
    • Detail-oriented, with strong analytical, problem-solving, and decision-making abilities.
    • Ability to maintain confidentiality, handle sensitive information with discretion, and adhere to ethical standards.
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