Compensation Benefits Specialist at Ikeja Electricity Distribution Company (IKEDC)

Full Time Jobs

Lagos

Posted 3 years ago

Ikeja Electricity Distribution Company (IKEDC) – Buoyed by a mission to redefine customer experience and be the provider of choice wherever energy is consumed, the Ikeja Electric (IE), Nigeria’s largest power distribution network, came into existence on November 1st, 2013 following the handover of the defunct Power Holding Company Of Nigeria (PHCN) to NEDC/ KEPCO Consortium under the privatization scheme of the Federal Government of Nigeria.

We are recruiting to fill the position below:

Job Title: Compensation Benefits Specialist

Location: Lagos
Job Type:Full time

About the Job

Implement rewards strategies, including compensation, benefits, retirement, engagement and other work experience programmes that are cost effective and consistent with market trends and Company objectives
Advise on state employment regulations which have an impact on benefits policies and suggest appropriate measures.
Support in the preparation of budget and plan for all compensation related activities.
Implement and manage salary classification and compensation programmes.
Define a fair, equitable and competitive total compensation and benefits package that fits and is aligned to our company’s strategy and business goals
Develop a consistent compensation philosophy in line with work culture and organisational objectives
Review all payroll related inputs into the payroll system and check for accuracy.
Coordinate the processing, remittance and reconciliation of all payroll related statutory liabilities (PAYE, NSITF, Pension, Group Life) to ensure compliance with all payroll related tax laws and regulations.
Communicate all reward practices within the organization to employees.
Prepare PAYE audit support data for external auditor’s use. Be responsible for timely incentive payments.
Supporting several projects such as job evaluations and re-grading etc.
Coordinate the processing, remittance and reconciliation of all payroll related statutory liabilities (PAYE, NSITF, Pension, Group Life) to ensure compliance with all payroll related tax laws and regulations.
Manage employee welfare schemes in order to encourage retention.
Comply with Quality Management System / Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs.
Assist in Carry out any other duties as requested by the Head of Department.

Minimum Requirements