Compensation Benefits Manager at 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.

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