Compensation and Benefit Specialist at Medplus Ltd

Medplus is a wholesale, retail and dispensing pharmaceutical organization established for the distribution and retailing of locally manufactured and imported drugs, as well as the provision of free consultation and counselling for customers by well trained professionals. Medplus was incorporated on 23rd of November, 1993 and offers specialist referral services including travel clinic, chiropody and podiatry, hearing health clinic, osteopathy, ostomy, an ayurvedic clinic, chinese medicine and hair clinic.

At Medplus, our vision is to become Nigeria’s Landmark healthcare store and pharmacy, with a nationwide reputation for professionalism, innovation and quality products.

Our stores offer a comprehensive range of pharmacy services, such as dispensing of OTC (over-the-counter) and prescription medicines, blood pressure and cholesterol checks and food intolerance testing. Our product range includes vitamins and supplements, dental care, special diet and sports nutritional foods, cosmetics, toiletries, perfumery, homeopathy and aromatherapy, along with a wide range of home diagnostic equipment. We are also a premier supplier to the medical profession of first aid doctors’ equipment.

Medplus boasts of a team with members carefully selected not just for their wealth of experience and skill but also for their friendliness and strength of character. At Medplus, training and development is a way of life and this has helped sustain our leading position in the industry.Job Summary

To drive the payroll strategy that supports business divisions by delivering accurate, timely, and compliant payroll services, while providing proactive, customer-focused support, guidance, and resolution of compensation and benefits matters for staff.

Core Responsibilities and Key Result Areas Payroll, Compensation, and Benefit Management activities:

Conduct market research and analyze data to determine compensation and benefit trends and industry standards.
Develop and maintain compensation structures, including job evaluations, salary ranges, and incentive plans.
Collate all pre-payroll data for employees (new hires, terminations, leaves, promotions, etc.) and input approved changes into the HRIS.
Ensure all new hires and reinstated employees are accurately captured in the system for payroll processing.
Prepare final entitlements for employees exiting the organization.
Monitor the accurate processing of staff appointments, transfers, promotions, and terminations.
Prepare payment requests in alignment with payroll summary totals.
Monitor and ensure compliance with legal requirements, statutory regulations, and company policies related to compensation and benefits.
Prepare and execute monthly payroll activities, ensuring all employees are paid promptly and accurately.
Collate exit data collected via email.
Employee Support & Issue Resolution
Address payroll inquiries promptly and professionally.
Support the employees on Pension and Tax registration
Guide employees on payroll policies, payslips, and document approval.
Collaborate with other HR/Benefits teams to ensure correct benefits are captured
Ensure all inquiries and complaints received via email/ salary complaint forms are responded to and resolved within the timeline
Analyze and report on employee satisfaction with compensation and benefits programs.
Monitor and manage compensation and benefit costs to ensure alignment with budget and financial goals.
Maintain accurate and up-to-date compensation and benefit data and reports.
Build and maintain positive relationships with all stakeholders

Qualifications And Skills

Bachelor’s Degree in Human Resources, Business Administration, Finance, or related numerical/analytical discipline from a reputable university.
Strong knowledge of compensation and benefits practices, principles, and regulations.
Familiarity with HRIS (Human Resources Information System) software and payroll systems.
Analytical skills to evaluate data, conduct market research, and make informed recommendations.
Excellent communication and interpersonal skills, with the ability to build relationships and collaborate with stakeholders at all levels.
Strong attention to detail and accuracy, particularly in handling sensitive employee information.
Proficient in using spreadsheet software (e.g., Microsoft Excel, Google Sheets) to analyze and present data.
Knowledge of relevant labor laws and regulations related to compensation and benefits.
Ability to maintain confidentiality, integrity, and professionalism in handling employee information and sensitive matters.