Compensation & Benefits Specialist
- Full-time
- Service Line: Internal Client Services
Company Description
Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the “Deloitte organization”) serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 312,000 people make an impact that matters at www.deloitte.com.
Our West Africa practice serves multinationals, large national enterprises, small and medium-sized enterprises and the public sector across Nigeria and Ghana.
In Nigeria, Deloitte is one of the leading professional services firms, specializing in providing Audit, Tax, Consulting, Risk Advisory and Financial Advisory services. We serve clients in a variety of industries from financial services, consumer, telecommunications, media & technology, energy resources & Industrial and government and public services.
Our professionals are unified by a collaborative culture that fosters integrity, outstanding value to markets and clients, commitment to each other, and strength from cultural diversity. They are committed to strengthening corporate responsibility, building public trust, and making a positive impact in their communities. We understand that our professionals hold interests outside of the work space and we aim to encourage work/life balance, supporting them in all aspects of their lives.
Our talented professionals and our clients understand the link between a strong learning and development programme and the ability for Deloitte to deliver on its promise of consistent, high-quality service delivery worldwide.
Whatever your age, gender or culture, take your career to the next level with the talents and capabilities you will develop at Deloitte.
Job Description
Role Summary
The Compensation & Benefits (C&B) Specialist role is responsible for providing support in rewards management strategy, delivery of payroll administration, benefits administration and HRIS management.
Responsibilities
Reward Management
- Actively support in review and update of compensation (reward management)– related policies and initiatives in line with global best practices.
- Actively support in the preparation of annual salary scales in line with the firm’s leadership decision.
- Participate actively in compensation review processes – employee bulk allowances, salary review, statutory payments.
- Innovatively develop and recommend reward and recognition programmes to ensure market competitiveness (for talent attraction & retention).
- Review market benchmark surveys, analyze competitive market data and develop recommendations.
- Identify compensation trends and continually review current practices and policies to ensure best practices are utilized.
- Perform first level review of employment offers in line with the salary scales and applicable remuneration policies, compile and review employee promotion/salary review letters.
- Coordinate all employees’ external financial relations - bank loan requests, relations with staff cooperative, pensions, personal insurance plans, etc.
- Track and monitor compensation and benefits issues- ensure issues are promptly addressed, processed and appropriately communicated (where applicable) i.e. final entitlement to exiting employees.
- Initiates new reward initiatives, track updates on compensation and reward policies, SOPs and other relevant T&T initiatives
Payroll Administration
- Initiate prompt capturing of employee monthly salary inputs and accurate communication to all concerned.
- Manage monthly payroll circle, accurately and promptly.
Benefits Administration
- Initiate prompt payment of employee allowances/benefits, final entitlements and firm’s statutory obligations - productivity, NSITF payment, Group life and ITF.
- HMO administration – work with HMOs to resolve staff issues, ensure up-to-date HMO database with prompt input of updates, etc.
HRIS Management
- Coordinate all SAP/Greatsoft input and queries – leave (maternity, annual, sick, compassionate, etc.).
- Prepare and compile HRIS reports – employee movement report, SAP, Talent Metrics, employee turnover, and other data analytics reports for management.
- Manage the transition process of manual employee records filling to electronic filing management systems.
- Supervise the filing administration of employee records and documents.
- Review employee files from time to time to ensure accuracy in employee records.
Qualifications
- Possess a Bachelor’s degree (B.Sc., B.A., B.Eng./B.Tech., etc.) or Higher National Diploma (HND) in any discipline with a minimum of Second Class Lower/Lower Credit division
- Have a minimum of five credits in WASSCE Ordinary Level/NECO subjects or acceptable equivalent examination, including Mathematics and English Language in one sitting only
- 2-4 years cognate experience
Additional Information
The Impact You Will Make
Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration, and high performance. As the undisputed leader in professional services, Deloitte is where you will find unrivalled opportunities to succeed and realize your full potential.
How You Will Grow
At Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there is always room to learn. We offer opportunities to help build world-class skills in addition to hands-on experience in the global, fast-changing business world. From on-the-job learning experiences to formal development programs at Deloitte University, our professionals have a variety of opportunities to continue to grow throughout their career. Explore Deloitte University Leadership Centre. https://deloitte.zoomforth.com/du
Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits.
Our Purpose
Deloitte is led by a purpose: To make an impact that matters. Every day, Deloitte people are making a real impact in the places they live and work. We pride ourselves in doing not only what is good for clients, but also what is good for our people and the communities in which we live and work—always striving to be an organization that is held up as a role model of quality, integrity, and positive change. Learn more about Deloitte’s impact. https://www2.deloitte.com/global/en/pages/about-deloitte/articles/impact-that-matters.html
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Application deadline: Tuesday, 4 January 2022