Lafarge Africa Plc is a member of the LafargeHolcim Group – the biggest building and concrete solutions company in the world. It is a publicly quoted company on the Nigerian Stock Exchange (NSE) and serves Nigeria with a wide range of building and construction solutions designed to meet housing and construction needs from small projects like individual home buildings to major construction and infrastructure projects.
We are recruiting to fill the position below:
Job Title: Compensation & Benefits Analyst
Requisition ID: 7425 Location: Lagos
About the Role
The Compensation & Benefits Analyst is responsible for assisting the Compensation & Benefits Manager in carrying out all tasks as assigned to the team.
The role is also responsible for following up on pension issues and ensuring that employees’ accounts are credited in a timely manner.
The role will assist to research compensation trends and analyze compensation surveys to see how their organization’s pay compares with that in other organizations, evaluate compensation policies, perform complex data or cost analyses, frequently monitor government regulations, legislation, and benefits trends to ensure that the C & B programs are legal, current, and competitive.
What You'll Be Doing
Support C & B manager to analyze compensation and benefits policies and survey reports to ensure the organization’s offerings are up-to-date, cost effective, and competitive
Monitor important compensation and benefits trends
Populate remuneration survey template and adhoc C & B data requirements
Ensure employees’ pension accounts are credited in a timely manner
Follow-up and ensure all pension requirements for both active and exited employees are attended to.
Ensure Company compliance by adhering to federal and state laws on C & B matters
Compare benefits plans, job classifications, or salaries through data and cost analyses
Participate in evaluating job positions to determine classification and salary
Prepare reports summarizing the research and analysis
Provides support by collating necessary input for the annual EC budget.
Assist in coordinating C&B processes like the salary planning, bonus planning, new benefits introduction, etc.
Analyzes different components of the remuneration scheme in the organization and prepares reports about the internal equity and external competitiveness
Participates as the team member in specific projects and initiatives
Support HRBPS and LM to ensure they understand the different reward policies
Responsible for Comp Schedule preparation & exit benefits calculation
Support in validating headcount projection with HRBPs
Assist for any other assignment that may be assigned by C&B Manager
Who you'll be working with:
List of direct reports:
None
Key interfaces, stakeholders and relationships:
Compensation & Benefits Manager, HRBPs, HRSS, Heads of Departments, HR
Community, PFAs, Account Payable and all employees
Requirements
Level of Dducation required:
Bachelor's Degree, in Economics or Social Sciences
Must have 2-3 years of prior work experience in a Compensation, HR Generalist or Finance function
Experience working with large data sets
HRIS experience for compensation process
Working knowledge of local labour law
Technical / Functional Skills:
Candidate will have good analytical skills
Ability to analyze data and summarize findings in a succinct manner under minimal supervision
Ability to meet deadlines and prioritize work
Project Management
Customer service orientation, Interpersonal and Communication skills especially with internal clients and key vendors
Confidentiality & HIGH integrity. Ability to maintain confidentiality and appropriately handle sensitive information
Excel, Word & PowerPoint
Attention to details
Behavioral competencies:
Ability to manage multiple tasks while still delivering high quality results