Compensation and Benefit Senior Officer
Adexen
Nigeria
24d ago

Responsibilities :

  • Researching compensation and benefits policies and plans.
  • Prepares and maintains organizational structures, including Job Analysis, Job Classification and Job grading.
  • Reviews salary recommendations (merit, equity, promotion) and provides explanations in support of those recommendations.
  • In addition, monitor organization’s salary structure and benefits, administer incentive programs, and balance cost control with the need to attract and retain staff.

  • Researches and analyses competitor's salary rates and benefits.
  • Develop and implement competitive benefit packages and remuneration strategy, in alignment with market remuneration conditions and industry benchmarks;
  • ensuring they are in line with legal requirements

  • Ensuring compensation and benefits plans are cost-effective and competitive
  • Monitoring and researching compensation and benefits trends
  • Comparing benefits and compensation plans, job classifications, and salaries through data and cost analyses.
  • Designing reports and recommendations based on research and analysis for senior executive team.
  • Prepare monthly payroll.
  • Manage classification of internal positions in accordance with the job evaluation process and company procedure.
  • Participates in the development and implementation of Manuals, Policies and Procedures
  • Preparing and updating job descriptions,
  • Conduct job evaluation (job grade and job classifications)
  • Ensuring company is compliant with state and federal laws.
  • Compensation

  • Assessing the organization’s pay structure.
  • Researching compensation trends and reviewing compensation surveys.
  • Evaluating compensation policies.
  • Ensuring that the pay practices comply with state and federal laws and regulations.
  • Benefits

  • Administering the organization’s benefits programs (e.g., retirement plans, leave policies, wellness programs, insurance policies, etc.)
  • Researching and analyzing benefits plans, programs, and policies.
  • Making recommendations based on data analyses.
  • Monitoring government regulations, legislation, and benefits trends.
  • Working with insurance brokers and benefits careers.
  • Managing the enrollment, renewal, and distribution processes.
  • Job Analysis

  • Writing and revising job descriptions.
  • Determining position classifications.
  • Preparing and updating salary scales.
  • Making recommendations to managers regarding job descriptions, salaries, and classifications.
  • Expectations

  • Bachelor degree in any social science discipline.
  • 4-7 year working experience in the FMCG industry.
  • Qualified member of a relevant professional body (CIPM; SHRM, HRCI).
  • Good understanding of compensation and benefit.
  • Excellent interpersonal skills with the ability to effectively communicate (written and verbal) and interact with all levels of personnel.
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