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Full Time Jobs |
Ijora Lagos |
Posted 4 weeks ago |
Job Title: Performance and Rewards Manager
Role Overview
- The Performance, Compensation, and Benefits Manager is responsible for designing, implementing, and managing the organization’s compensation and benefits strategies, as well as overseeing performance management frameworks.
- This role ensures that the company attracts, motivates, and retains top talent while maintaining fairness, compliance, and alignment with business objectives.
Key Responsibilities
Performance Management:
- Develop and implement performance management systems, including appraisal frameworks, KPIs, and feedback processes.
- Partner with department heads to ensure performance evaluation processes are consistent, fair, and aligned with organizational goals.
- Analyze performance data to identify trends, support employee development, and address gaps.
- Train managers and employees on performance evaluation processes and best practices.
- Ensure the alignment of individual and team goals with business objectives.
Compensation Strategy:
- Design competitive salary structures based on market trends, internal equity, and company goals.
- Conduct regular benchmarking and salary surveys to ensure competitive positioning in the market.
- Develop and manage incentive programs, including bonuses, profit-sharing, and other performance-based rewards.
- Collaborate with finance to budget and forecast compensation-related costs.
Benefits Administration:
- Manage and optimize employee benefits programs, including health insurance, retirement plans, and wellness initiatives.
- Evaluate and negotiate with vendors to secure cost-effective and competitive benefits packages.
- Monitor industry trends to recommend enhancements to benefits offerings.
- Communicate benefits programs effectively to employees and address their inquiries.
Compliance and Reporting:
- Ensure all compensation and benefits programs comply with local labor laws and regulations.
- Prepare reports and analytics related to compensation, benefits, and performance for senior management.
- Maintain confidentiality and accuracy of employee data.
Strategic Initiatives:
- Collaborate with HR leadership on workforce planning, budgeting, and organizational design.
- Identify opportunities for automation and process improvement in performance, compensation, and benefits management.
- Lead or support projects related to employee rewards, engagement, and retention.
Qualifications
- Bachelor’s Degree in Human Resources, Business Administration, Finance, or a related field. A Master’s degree is a plus.
- Certification in HR or compensation-related fields (e.g., SHRM-CP, CCP, GRP) is preferred.
Experience:
- 8 – 10 years of experience in HR, with a focus on compensation, benefits, and performance management.
- Experience in designing and managing salary structures, incentive plans, and employee benefits programs.
- Strong understanding of performance management systems and tools.
Skills:
- Analytical mindset with expertise in data analysis and reporting.
- Strong negotiation and vendor management skills.
- Excellent communication and interpersonal skills.
- Ability to balance strategic initiatives with operational tasks.
- Proficiency in HRIS and payroll systems.
Application Instructions:
The application deadline is 28th March, 2025. Therefore, Qualified and interested candidates should send their CV to: [email protected] using the Job Title as the subject of the mail. It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.
Website:
Official Job Website: https://omnibiz.com
Job Features
Job Category | Business Performance Leader, Commercial/Key Account Management/Planning & Performance/Seller Management/Seller Engagement Jobs |