Compensation and Benefits Officer at Michael Steven Consulting

Michael Steven Consulting - Our client is recruiting to fill the position below:

Job Title: Compensation and Benefits Officer

Location: Lagos

Job Summary

• Our client is in need of a Compensation and Benefits Specialist to oversee compensation and benefits administrative activities.
• The candidate for this position will access personnel needs and draft targeted programs that will increase performance, organizational trust and satisfaction.
• Therefore, the candidate must be smart, proactive, industrious, and willing to learn and support the business growth.
• The Compensation and Benefits Officer will oversee and administer the employee’s rewards and benefits ensuring that there is fairness in policies implementation.

Responsibilities

• Prepares the compensation and benefits budget, including the regular monitoring, reporting and adjusting of the budget.
• Prepare payroll and follow up with employee’s salary payments.
• Coordinates and processes salaries, bonus, new benefits introduction, etc.
• Update employee database records.
• Designs and develops compensation policies.
• 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).
• Leads and manages compensation projects for the entire organization.
• Design policies to close gaps in the compensation of employees (introducing the internal equity at affordable costs).
• Give professional advices to top managers in taking difficult decisions in the area of compensation, benefits and motivation of employees.
• Represent the organization at different HR conferences.
• Othe duties as assigned by the management.

Requirements

• BSc degree in human resources, business administration or finance.
• Proven working experience in Human Resources roles as a compensation and benefits specialist, recruitment and HR policies.
• Minimum of 2 years’ experience in HR practices and compensation cycle management.
• Working knowledge of job evaluation and job analysis systems.
• Adequate knowledge of labour law and regulations in Nigeria.
• Ability to maintain confidentiality and handle sensitive information (very important).
• Familiarity with various types of incentives and benefits.
• Extensive knowledge of HRIS and MS Office.
• Strong quantitative and analytical skills.

Skills:

• Excellent communication and interpersonal skills.
• Proficient in Microsoft Office (Word, Excel, Outlook).
• Customer service experience.
• Ability to multitask and manage time effectively.
• Strong organizational skills and attention to detail.
• Professional appearance and demeanor.

Salary

• Very competitive.

Application Closing Date
16th December, 2024.