Job Title: Compensation & Benefit Officer
Location: Lagos
Job Type: Full Time
Job Field: Human Capital Management
Job Summary
Who are we looking for:
- We are currently sourcing for candidates to be recruited as Human Resource Business Partner.
- The ideal candidate is needed to proactively develop and administer a system that assesses, monitors and manages performance by implementing rewards and benefits policies of the Bank.
Job Description
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- Ensure all staff salaries details are ready on time so as to effect timely payment
- Attend to queries raised by staff in respect of salary increments/adjustments
- Preparation of end of month entries and reporting
- Render financial advisory services to staff for a good cash flow management
- Ensure all outstanding indebtedness of ex-staff are fully paid up
- Researching and analysing competitors’ salaries and benefits
- Continually monitor peer compensation and recommend appropriate compensation levels and mix, to ensure competitiveness with the need to attract and retain staff
- Staff Cost monitoring and Adjustments
- Administer staff mortgage/ Auto loan/leave/ pensions and benefits
- Remittance of statutory deductions made from staff salaries
- Making recommendations on changes to pension and insurance schemes
- Creation of new staff on the payroll software.
- Ensuring that compensation practices are in compliance with current legislation.
Preferred Skills and Experience / Requirements
- Bachelor’s Degree in Human Resources, Business Administration or Finance.
- At least 5 years working experience as a Compensation and Benefits Specialist
- Prior experience in HR practices and compensation cycle management
- Working knowledge of job evaluation and job analysis systems
- Previous experience with organizational psychology and labor market surveys
- Adequate knowledge of current labor rules and regulations
- Familiarity with various types of incentives and benefits
- Extensive knowledge of HRIS and MS Office
- Strong quantitative and analytical skills.
Application Closing Date
Not Specified.
Apply Now
Job Features
Job Category | Banking / Insurance |