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Compensation & Benefits Officer At Alan & Grant

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Full Time Jobs
Posted 5 years ago

About Alan & Grant

Alan & Grant – Our work is focused on creating innovative HR and Organizational Development Solutions aimed at Performance Improvement & Business Growth. We currently serve clients across various sectors of the Economy from locations in Jos, Port Harcourt and Lagos.

Job Title: Compensation & Benefits Officer

Location: Lagos

Job Description:

  • He/ She will define a fair, equitable and competitive total compensation package that fits and is aligned to our company’s strategy and business goals.
  • Workforce Planning & Recruitment, Help Desk, ISO Employee Relations & Welfare, On-boarding, Learning & Development, Performance Management, Admin, Finance and Payroll Unit.

Duties & Responsibilities

  • Analyse different components of the remuneration scheme in the organization and prepare reports about the internal equity and external competitiveness.
  • Conduct benchmark studies on the remuneration packages (salary and retirement plan) within the Travel and Tours industry and related companies who compete for the organization’s employees.
  • Analyse compensation surveys and recommend compensation strategy and pay structure that supports attraction and retention of different categories of employees to ensure appropriate compensation across all departments.
  • Make recommendations to senior management about modifying the organisation’s compensation and benefits packages if necessary and implement the necessary changes based on the company’s philosophy.
  • Develop compensation policies – design policies to close gaps in the compensation of employees (introducing the internal equity at affordable costs)
  • Prepare the compensation and benefits budget, including the regular monitoring, reporting and adjusting of the budget.
  • Redefine the compensation packages for each grade level of the organisation to ensure fair compensation packages.
  • Ensure that the organisation’s compensation and benefits packages comply with statutory and regulatory requirements, such as minimum salaries/wages and tax liabilities
  • Coordinate efforts between payroll, human resources, budget and other departments to ensure proper flow and maintenance of employee data (including preparation/distribution of detailed reports e.g. leave balances, headcount, and pension contribution reports).
  • Establish and maintain employee records to ensure that employee changes are affected correctly and made on a timely basis.
  • Pay employees by directing the issuance of payment instructions or electronic transfers to bank accounts.
  • Balance the payroll accounts by resolving payroll discrepancies.
  • Provide advice on the resolution of classification and salary complaints
  • Define and develop a fair, equitable and competitive total compensation package that fits and is aligned to the organisation’s HR strategy and budget.
  • Administer all benefits as per HR policy and employee employment contract.
  • Compute and advice existing employee’s terminal benefits
  • Organize and maintain a variety of highly confidential employment-related records, files, reports and certifications relative to Human Resource functions.
  • Maintain both computerised and physical inventory of all employees within the organisation.
  • Provide periodic meaningful analytics on the workforce to the Head of HR to support decision making and contribute to HR strategy development.
  • Maintain, analyses and/or updates employee databases
  • Assist in Planning, organizing and facilitating training and employee’s development.

Requirements

  • Minimum of a First Degree in Management, Social Science or any related discipline from a reputable university
  • Relevant professional qualification
  • Minimum of 3-5 years experience in payroll administration in a medium-sized organisation, including the use of a computerised payroll system
  • Good knowledge of the Human Resource function
  • Knowledge of Nigerian employment laws and legislation
  • Business, Financial acumen & Data Management
  • Salary and Benefits Administration, Research and Analysis
  • Proficiency in the use of Microsoft packages
  • Good oral and written communication skills
  • Research and fact-finding ability, Negotiation & Leadership skills.

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