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  • Posted: Feb 1, 2023
    Deadline: Feb 14, 2023
  • Bankly is a subsidiary of 5554 Technologies Limited, a fully registered limited liability company with the Corporate Affairs Commission and licensed as a Super Agent with the Central Bank of Nigeria.
    Read more about this company


    Performance Management Manager

    Job Overview

    • Ideal candiate will manage the entire Performance Management System. To design, develop, implement, monitor and measure performance within the company.
    • Advises Senior Management on the policies and procedures necessary to advance individual performance in alignment with business objectives of the Company.
    • Establishes and implements competency models for the various positions in the company and provides guidance to managers to assess competencies of employees.

    Job Description

    • Researches best practices in human performance and designs and revises performance management system for the Group.
    • Analyses existing programs to determine their on-going ability to support the stated objectives.
    • Formulates, with others, a philosophy of human performance improvement for the company.
    • Must be able to keep this philosophy current from one year to the next.
    • Advises departments on better methods to improve departmental results.
    • Advises departments on competency-based management systems.
    • Updates framework for improving the companyincentive systems.
    • Provides input to Compensation systems and their support of performance improvement.
    • Continually improves processes to develop Performance Appraisal systems.
    • Develops ideas/uses for technology, in human performance processes.
    • Designs and develops communications programs to more clearly link seniormanagement to performance management.
    • Establish methods to reduce turnover related to poor performance.
    • Researches and establishes Competency Models for the various positions in the organisation.
    • Designs and develops standards for competency assessment for recruitment, development and promotions of employees.
    • Implements the competency framework system within the companyand trains Managers to carry out competency assessment, determine employee development needs and provide support.
    • Reviews staff C&B practices across the companyto ensure compliance with company policies, local legislation and guidelines, and best practices.
    • Provides direction and leadership to Human Resources Manager, and managementin the implementation of staff compensation policies, strategies, programs, and practices.
    • Monitors and evaluates effectiveness of staff C&B practices to ensure ongoing competitiveness within the job marketplace; regularly reviews and evaluates the staff pay plan, and prepares costed recommendations for market-based adjustments.
    • Oversees and monitors the annual pay review process, ensuring compliance with established parameters and timelines; prepares guidelines and business rules, analyzes program results, and prepares reports and recommendations.
    • Provides leadership in and/or oversees the design, development, and implementation of major organizational classification/compensation studies with broad impact on the company

    Required Knowledge / Experience / Skills

    • Candidates should possess a Bachelor's Degree qualification with 3 - 5 years work experience.
    • In depth knowledge of performance management concepts, theories & related practices & tools with substantial experience of incorporating these into business focused solutions, including workable implementation plans e.g. design of departmental structures with a cohesive framework of jobs / competency models & their applications / setting performance standards & measuring results
    • Job Analysis: Knowledge of Job Analysis and to relate jobs across the organization.
    • Job Evaluation Methods: Knowledge of the Hay Job Evaluation Method and experience of making Grade recommendations.
    • Job Pricing and pay structures: Ability to interpret Remuneration Survey data and draw numerical conclusions.
    • Reward Management: Knowledge of Reward Management tools & techniques
    • Experience of either developing & delivering training or of structuring & facilitating workshops with a manager or professional level audience.
    • Experience of providing advice & structure to the process of translating business strategies & tactics into specific objectives/plans that support goal achievement.
    • Good knowledge of general HR, HRD & C&B concepts, theories, legislation & practices & their application in the workplace.
    • Excellent planning & organising skills with the ability to work with minimal direction.
    • Experience of providing advisory/consultative services to senior/executive management.

    Method of Application

    Interested and qualified candidates should send their CV to: using the Job Title as the subject of the mail.

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