Compensation and Benefits Specialist needed at Concept Group

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Concept Group’s job vacancy, Career and Recruitment

Job title : Compensation and Benefits Specialist

Job Location : Lagos

Deadline : September 25, 2022

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Duties & Responsibilities

  • 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.

How to Apply for this Offer

Interested and qualified candidates should send their CV to: careers@conceptgroup-ng.com using the Job Title as the subject of the email.

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