Compensation and Benefits Specialist at GZ Industries

Roles & Responsibilities

• Designs, implements and maintains a compensation structure that promotes equity and internal compensation parity for all employees.
• Designs and implements a compensation and rewards framework that will provide a competitive edge for GZI and facilitate employee retention. Conducts salary surveys to ensure the continued competitiveness of SZI remuneration package.
• Conducts periodic employee costs forecasting, and annual budgetary management to ensure cost savings.
• Implements and maintains Group life, Medical scheme, and requirements of workmen compensation act as stipulated within the regulatory framework.
• Ensures the prompt resolution of problems relating to employee compensation and benefits.
• Processing of annual pension certificate, PAYE filing and prompt payment of ITF, NSITF etc.
• Coordinates the management of employee's tax and pension.
• Advises other HR team members regarding appropriate job offers, pricing and grading of positions as well as manages annual enrolment process and develops collateral material to effectively communicate benefit programs.
• Working with plan brokers, third party administrators and investment advisors.
• Manages salary reviews and performance management programs for merit, bonus, commission, and incentive plans.
• Oversees payroll processing and ensures timely and accurate payment to employees, maintaining compliance with legal requirements (overtime, shift, loan computation, leave allowance, gratuity, exit computation etc).
• Prompt addressing of discrepancies and resolving issues as needed.
• Ensures HRIS and payroll systems are optimized for accuracy. efficiency and compliance.
• Interfaces regularly with union representatives. Ensures prompt resolution of any issues or conflicts with the union.
• Assists the HR manager in overseeing grievance handling and disciplinary procedures for complete resolution.

Required Education/ Qualification

• Minimum of HND or First Degree in Human Resources or a related social science discipline
• Relevant certification from a reputable professional institution e.g. CIPM, CIPD, SHRM
• An MBA or Masters in a relevant discipline would be an added advantage
• At least 5 years post-qualification experience in Rewards and Compensation, Payroll Management and

Benefits Administration.

• Strong knowledge of compensation and benefits practices, principles and regulations.
• Proficient in HRIS and payroll ERP systems.