Compensation and Benefits Manager at Ascentech Services Limited

Ascentech Services Limited is a full-fledged Human Resource Solution Provider incorporated in 2013 with its Head Office in Lagos, Nigeria. We are committed to forging long-term partnerships with our clients by creating and delivering robust and flexible services that address the changing needs of their business.

We are recruiting to fill the position below:

Job Title: Compensation and Benefits Manager

Location: Lagos
Employment Type: Full-time
Industry: FMCG

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.

Requirements

• B.Sc in Human Resources Management, Organizational Psychology, Finance or relevant field.
• Minimum of 5 years as a Compensation and Benefits Manager in the FMCG industry.
• 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.

Application Closing Date
25th February, 2021.