View Job | The Concept Group Career Portal

Compensation and Benefits Specialist [CLOSED]

Executive Office
Lagos
Although this position is currently closed, we are still accepting applications for such a time as when it opens up again.
 
Job Description

DUTIES & RESPONSIBILITIES
Compensation and Benefits Specialist
 Create consistent compensation guideline that matches our work and organizational culture
 Create and analyze job descriptions evaluations and classifications
 Prepares the compensation and benefits budget, including the regular monitoring, reporting and adjusting of
the budget
 Coordinates C&B processes like the salary planning, bonus planning, new benefits introduction, etc.
 Designs and develops compensation policies/packages based on business goals and strategy
 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)
 Conduct salary and labor market research to define benchmarks
 Closely cooperates and manages the relationship with the external compensation consulting company
 Leads and manages compensation projects for the entire organization
 Participates as the team member in the strategic projects and initiatives
 Design policies to close gaps in the compensation of employees (introducing the internal equity at affordable
costs)
 Trains line managers in the complex usage of different HR and Compensation policies
 Advices top managers in taking difficult decisions in the area of compensation, benefits and motivation of
employees
 Conduct periodic audits, prepare and present reports

Qualifications/Requirements
 Minimum a B.Sc. Human Resources, business administration, finance or a relevant field
 The ideal candidate is expected to have 1-2 years of experience in data analysis.
 Professional certificates in Data Analysis, or Human Resources will give an edge to interested candidates.

Skills / Competencies
 Ability to research, compile, and interpret data in a logical format.
 Solid understanding of compensation concepts, including job analysis, market pricing, and total rewards.
 Must be comfortable communicating with a range of internal stakeholders, including senior executives
 Previous experience with organizational psychology and labour market surveys
 Adequate knowledge of current labour rules and regulations
 Familiarity with various types of incentives and benefits
 Extensive knowledge of HRIS and MS Office
 Strong quantitative and analytical skills

Apply