Compensation And Benefit Manager.
Fadac Resources and Services
Lagos., ng
5d ago

Job Description

Our client is a large consumer durable distribution conglomerate with more than 3000+ trade partners across the country.

Her business model goes beyond fulfillment to provide our customers and suppliers a unique combination of operational excellence and service efficiency.

Due to expansion, they are in need a


Job Responsibilities.

  • Designing fair and attractive bonus programs.
  • Evaluating how effective the benefit packages are in terms of employee satisfaction.
  • Ensuring our compensation plans comply with the relevant legislations.
  • Design compensation packages and bonus programs that align with the company’s strategic plan.
  • Ensure salaries and benefits comply with the current legislation about human rights and pay equity.
  • Identify trends and implement new practices to engage and motivate employees.
  • Conduct research on employee satisfaction (e.g. using surveys and quantitative data).
  • Renew our compensation plans with monetary and non-monetary benefits based on employee needs.
  • Keep track of prevailing pay rates and make sure we offer competitive compensation plans.
  • Draft job descriptions, job analyses and classifications.
  • Structure compensation in ways that will yield the highest value for the organization.
  • Evaluate and report on the effectiveness of employee benefit programs.
  • Track compensation and benefits benchmarking data.
  • Job Requirements

  • BSc in Human Resources Management, Organizational Psychology, Finance or relevant field.
  • 5 years experience as a Compensation and Benefits Manager or similar role.
  • Hands-on experience with HRIS or payroll software.
  • Knowledge of building compensation packages and bonus programs for various departments and seniority levels.
  • Excellent understanding of job evaluation and job analysis systems.
  • Good analytical skills.
  • Familiarity with labor legislation.
  • Experience with employee satisfaction surveys.
  • Requirements

  • 5 years experience as a Compensation and Benefits Manager or similar role.
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