Manager Compensation & 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

Behaviour

•             All EMTS Core Values