Compensation Benefits Manager at an FMCG Company - Adexen Recruitment Agency

Adexen Recruitment Agency - Our client, a Fast Moving Consumer Goods (FMCG) Company is recruiting suitably qualified candidates to fill the position below:

Job Title: Compensation Benefits Manager

Location: Lagos
Employment Type: Full time
Industry: FMCG
Job Seniority: Manager
Job Category: Human Resources

Responsibilities

• Establish best practices, attract high-quality employees and reduce turnover.
• Responsibilities include researching employee motives, implementing appealing rewards and tailoring benefit programs based on staff needs.
• Good knowledge of labor legislation and be familiar with organizational psychology and employee engagement.
• 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 compensation plans with monetary and non-monetary benefits based on employee needs
• Keep track of prevailing pay rates and 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

Desired Skills and Experience

• BSc in Human Resources Management, Organizational Psychology, Finance or relevant field
• Master's degree is a plus
• 10 years experience as a Compensation and Benefits Manager or similar role within an international company
• 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
Not Specified.