• Application Deadline: Sun, 25 Sep 2022 00:00:00 GMT
• Position: Compensation and Benefits Specialist


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 1 - 2 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Duties & Responsibilities

• Create consistent compensation guideline that matches our work and organizational culture.


• Create and analyze job descriptions evaluations and classifications.


• Prepares the compensation and benefits budget, including the regular monitoring, reporting and adjusting of the budget.


• Coordinates C&B processes like the salary planning, bonus planning, new benefits introduction, etc.


• Designs and develops compensation policies/packages based on business goals and strategy.


• Analyses different components of the remuneration scheme in the organization and prepares reports about the internal equity and external competitiveness.


• Designs and develops different schemes of the variable remuneration (incentive schemes for the Sales.


• Functions, bonus schemes for the Back Office and Enabling functions)


• Conduct salary and labor market research to define benchmarks.


• Closely cooperates and manages the relationship with the external compensation consulting company.


• Leads and manages compensation projects for the entire organization.


• Participates as the team member in the strategic projects and initiatives.


• Design policies to close gaps in the compensation of employees (introducing the internal equity at affordable costs).


• Trains line managers in the complex usage of different HR and Compensation policies.


• Advices top managers in taking difficult decisions in the area of compensation, benefits and motivation of employees.


• Conduct periodic audits, prepare and present reports.

Qualifications/Requirements

• Minimum a B.Sc. Human Resources, business administration, finance or a relevant field.


• The ideal candidate is expected to have 1-2 years of experience in data analysis.


• Professional certificates in Data Analysis, or Human Resources will give an edge to interested candidates.

Skills / Competencies:

• Ability to research, compile, and interpret data in a logical format.


• Solid understanding of compensation concepts, including job analysis, market pricing, and total rewards.


• Must be comfortable communicating with a range of internal stakeholders, including senior executives.


• Previous experience with organizational psychology and labour market surveys.


• Adequate knowledge of current labour rules and regulations.


• Familiarity with various types of incentives and benefits.


• Extensive knowledge of HRIS and MS Office.


• Strong quantitative and analytical skills.