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Employee Benefits

How Global Companies Can Support Remote Employee Financial Well-Being

How Global Companies Can Support Remote Employee Financial Well-Being

  ARTICLES   Summary 3 Options for a Global Company Hiring Staff in Nigeria Establish a Legal Entity Hire Talent as Contractors Why Hire Independent Contractors in Nigeria Partner with an Employer of Record (EOR) in Nigeria Start Hiring Employees in Nigeria and Across Africa Table of Contents Summary In today’s world of fluctuating economies […]

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How to Navigate Compensation for Remote Employees in Africa Compliantly

How to Navigate Compensation for Remote Employees in Africa Compliantly

  ARTICLES   Summary 3 Options for a Global Company Hiring Staff in Nigeria Establish a Legal Entity Hire Talent as Contractors Why Hire Independent Contractors in Nigeria Partner with an Employer of Record (EOR) in Nigeria Start Hiring Employees in Nigeria and Across Africa Table of Contents Summary The rise of remote work offers

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Employee Compensation in Nigeria: An Employer Guide

Employee Compensation in Nigeria: An Employer Guide

  ARTICLES   Summary 3 Options for a Global Company Hiring Staff in Nigeria Establish a Legal Entity Hire Talent as Contractors Why Hire Independent Contractors in Nigeria Partner with an Employer of Record (EOR) in Nigeria Start Hiring Employees in Nigeria and Across Africa Table of Contents Summary Employee compensation is crucial to top

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Compliance for Multinationals - Minimum Wage in Nigeria

Compliance for Multinationals – Minimum Wage in Nigeria

What Is Minimum Wage? Minimum wage is the lowest amount of pay an employee can legally receive from his or her employer. In the United States, the current federal minimum wage is $7.25 per hour. However, for Nigeria, the history of minimum wage is more complicated.   History of the Minimum Wage in Nigeria  The first

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9 Payroll Tips for an Effective Payroll Department

9 Payroll Tips for an Effective Payroll Department

An effective payroll department isn’t just essential to a business’s functioning. It also plays a significant role in maintaining a high level of employee satisfaction. Employees depend on getting paid promptly and consistently with the correct amount stated in their contracts.     A payroll process that’s slow, prone to errors, or too complicated can result in

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Creating a Total Rewards Strategy for Employees: A 4-Step Process

Creating a Total Rewards Strategy for Employees: A 4-Step Process

Creating a total rewards strategy often signals an organisation’s drive to develop a workforce motivated toward excellence and growth. This strategy is a system implemented by an organisation to provide benefits to staff who meet specific business targets. Such a strategy combines compensation and benefits with personal growth opportunities inside a motivating work environment. A

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Employee Variable Pay Definition, History, Types & More

Employee Variable Pay: Definition, History, Types & More

What Is Variable Pay? Every employer wants to see employees succeed and grow with their organisation. So, to reward employees for great performance, you may offer them variable pay. But, what is variable compensation exactly?      Variable pay comprises extra wages paid to employees based on their performance results; when they hit certain performance

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Employee Payroll: Understanding Full and Final Settlement

Employee Payroll: Understanding Full and Final Settlement

Maintaining an excellent employee experience throughout an employee lifecycle is a crucial responsibility of organisations. And when done right, businesses reap the rewards in the form of increased customer satisfaction which improves customer retention, and ultimately, revenue.  This article focuses on helping you understand a crucial aspect of payroll that ensures quality employee experience when

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Employee Value Proposition: Weaving your EVP into your organisation's DNA

Employee Value Proposition: Weaving Your EVP into Your Organisation’s DNA [With Case Study]

Designing, developing, and communicating an articulate EVP is not all there is to cultivate a winning EVP. For your EVP to deliver the expected value and become the power source that pulls and keeps talent for your organisation, it must be integrated into every relevant activity of your organisation.    Contrary to popular opinion, this responsibility

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