Manager, Compensations & Benefits

 Location: Lagos

Job Summary

• The role holder will be responsible for designing, implementing organization-wide total reward, and managing competitive compensation structures, policies and employee benefit programs.

• This role will ensure alignment with organizational goals, legal compliance, and market competitiveness to enable EMTS attract, retain and motivate best talent.

• Manage the reward team, to ensure that reward, recognition and well-being initiatives in EMTS re-enforce the corporate values and deliver employee value proposition.

ROLES AND RESPONSIBILITIES

Tactical

• Provide input in the articulation of EMTS Reward & Well Being strategy and philosophy.

• Periodically scan the market for comparable compensation practices and conduct benchmark survey.

• Advice CHRO on new pay practices and recommend options for the business.

• Propose strategies for aligning the company's compensation and benefit practice with market realities.

• Develop and maintain salary structures, pay grades, and incentive plans.

• Conduct job evaluations and market benchmarking to ensure competitive pay.

• Advise leadership on compensation decisions and budget implications

• Propose and implement appropriate pay for performance models.

• Ensures that all policies, programs, and candidate selection processes are implemented in strict compliance with the Equal Employment Opportunity Policy, relevant reporting requirements, and applicable State and Federal laws.

• Liaise with Finance and external tax consultants to design compensation structures that minimize tax exposures and ensure compliance with tax laws and regulations.

• Implement competitive compensation packages to ensure EMTS can attract and retain quality talent in the market.

• Proactively research and gather data on industry reward practices and compensation packages and benchmark EMTS's package position against industry standards.

• Continuously monitor, evaluate and recommend improvements/revisions to Reward policies and processes to reflect current realities.

• Monitor the organization’s salary structure and benefits provision to ensure a balance between control of staff costs and attracting and retaining staff.

• Use HRIS and analytics tools to generate insights and support strategic decisions

• Ensure HR projects are carried out in accordance with agreed budget, timeline and resources.

• Coordinate the alignment of EMTS salary scale to job grades to reflect current realities.

Operational

• Advice line managers on Reward/Benefits for new hires.

• Communicate updates and changes to compensation structure to staff.

• Plan and manage the human and material resources of the team to optimize performance, morale and enhance productivity.

• Provide leadership and guidance to team members and manage subordinate's performance towards the achievement of overall team objectives.

• Maintain accurate records and reporting for audits and compliance.

• Use HRIS and analytics tools to generate insights and support strategic decisions.

• Prepare/compile agreed periodic activity and performance reports for the attention of the CHRO

• Perform any other duties as assigned by the CHRO.

• Responsible for Wellness program reports i.e. utilization, statistics, and satisfaction

• Responsible for Wellness related communications by partnering with Brands & Communications and Health & Safety teams (e-mails, posters, screen messaging, desk-drops, wellness newsletter etc.).

EDUCATION AND EXPERIENCE

• 1st degree in Accounting, Social Sciences or related fields.

• (8) years’ work experience with at least five (5) years in compensation and benefits or total rewards

REQUIRED CAPABILITIES

Knowledge

• Remuneration Analysis & Design

• Budgeting

• Experience with HRIS systems and compensation tools

• Strong analytical and Excel skills.

• Knowledge of compensation frameworks and benefits legislation.

Skills

• Strong analytical and Excel skills.

• Excellent communication and negotiation abilities.

• Accountability