Compensation and Benefits Specialist at the Concept Group

Job Description

The Concept Group is a holding company for companies established in 1992. Subsidiaries under the Group include: Rosabon Financial Services – Nigeria Leading Equipment Leasing and Financial Intermediary Company, Concept Nova – Bespoke Enterprise Software Development Company, Percy Aitkins – Bureau De Change.

We are recruiting to fill the position below:

Job Title: Compensation and Benefits Specialist

Location: Lagos
Employment Type: Full-time

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.
  • Advises 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.

Application Closing Date
Not Specified.

Method of Application

Submit your CV and Application on Company Website : Click Here

Parker Chuks

Parker Chuks is an experienced Career Specialist, Content Developer, and Progrmme Analyst. Driven by the latest IT innovations, he takes pride in identifying vocational and career opportunities for qualified job-searchers using a variety of assessments possible. As a Career Specialist, his goals include matching job applicants to a specific job that suits their talents, Conduct assessments and evaluate test results to guide employers, and Creating a database of existing career opportunities. In addition to his primary job functions, Parker Chuks has been recognized by top companies in Recruitment Sector for his extraordinary commitment to Workforce.

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