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Employee Benefits Consultant Average Salary in Nigeria 2024

How much money does a person working as Employee Benefits Consultant make in Nigeria?


Average Monthly Salary
394,000 NGN
( 4,730,000 NGN yearly)

LOW
209,000
NGN
AVERAGE
394,000
NGN
HIGH
599,000
NGN
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Employee Benefits Consultant in Nigeria typically earns around 394,000 NGN. Salaries range from 209,000 NGN (lowest) to 599,000 NGN (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Employee Benefits Consultant salaries in Nigeria vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Employee Benefits Consultant Pay Scale and Salaries in Nigeria

Median and salary distribution Nigeria Employee Benefits Consultant monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
354,000 NGN or more
10% of people earn
316,000 to 354,000 NGN
20% of people earn
233,000 NGN or less
65% of people earn
233,000 to 316,000 NGN
Minimum Salary
209,000 NGN
Median
355,000 NGN
Maximum
599,000 NGN




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Employee Benefits Consultant in Nigeria range from 209,000 NGN (starting salary) to 599,000 NGN (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 355,000 NGN, half of the professionals who work as Employee Benefits Consultant in Nigeria earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Employee Benefits Consultant in Nigeria earn less than 296,000 NGN, while 75% earn more. Similarly, the chart shows that 75% earn less than 402,000 NGN while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Employee Benefits Consultant in Nigeria compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 233,000 NGN to 316,000 NGN. About 20% of salaries are below the 233,000 NGN mark, while 10% fall within the range of 316,000 NGN to 354,000 NGN. Only 5% of individuals have salaries exceeding 354,000 NGN.

Salary Comparison by Years of Experience / Employee Benefits Consultant / Nigeria

How do experience and age affect pay?

0 - 2 Years
240,000 NGN
2 - 5 Years+23%
295,000 NGN
5 - 10 Years+42%
418,000 NGN
10 - 15 Years+17%
488,000 NGN
15 - 20 Years+10%
537,000 NGN
20+ Years+6%
568,000 NGN
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Nigeria Employee Benefits Consultant
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Employee Benefits Consultant and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 240,000 NGN.

While someone with an experience level between two and five years is expected to earn 295,000 NGN, 23% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 418,000 NGN, 42% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 488,000 NGN, 17% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 537,000 NGN, 10% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 568,000 NGN, 6% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Employee Benefits Consultant / Nigeria

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Employee Benefits Consultant.

Bachelor's Degree
271,000 NGN
Master's Degree+93%
525,000 NGN
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Nigeria Employee Benefits Consultant
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Employee Benefits Consultant in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 271,000 NGN.


Level 2: Master's Degree

At this level, the average salary becomes 525,000 NGN, 93% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Nigeria costs anywhere from 1,700,000 NGN to 5,100,000 NGN and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Employee Benefits Consultant / Nigeria

Salary comparison by gender Nigeria Employee Benefits Consultant monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Employee Benefits Consultant in Nigeria, the average difference between the salary of male and female employees is 16%.

Male
416,000 NGN
Female-14%
359,000 NGN
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Nigeria for all Careers

Salary comparison by gender monthly Nigeria
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Average Annual Salary Increment Percentage / Employee Benefits Consultant / Nigeria

How much are annual salary increments in Nigeria for individuals working as Employee Benefits Consultant? How often do employees get salary raises?

Individuals working as Employee Benefits Consultant in Nigeria are likely to observe a salary increase of approximately 11% every 20 months. The national average annual increment for all professions combined is 8% granted to employees every 19 months.

Annual Salary Increment Rate Nigeria Employee Benefits Consultant
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Nigeria / All Professions

Annual Salary Increment Rate Nigeria
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Nigeria is 5%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Employee Benefits Consultant / Nigeria

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Nigeria Employee Benefits Consultant
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51% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 49% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
49%
No Bonus
51%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Employee Benefits Consultant / Nigeria


2,270 NGN per hour

The average hourly wage (pay per hour) for individuals working as Employee Benefits Consultant in Nigeria is 2,270 NGN.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Employee Benefits Consultant in Nigeria is 1,210 NGN. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Human Resources-100%
Benefits Administrator207,000 NGN-47%
Benefits Analyst263,000 NGN-33%
Benefits Manager426,000 NGN+8%
Benefits Specialist257,000 NGN-35%
Chief Diversity and Inclusion Officer425,000 NGN+8%
Chief Happiness Officer444,000 NGN+13%
Chief Human Resources Officer538,000 NGN+36%
Chief Listening Officer384,000 NGN-3%
Chief People Officer545,000 NGN+38%
Chief Remote Work and Collaboration Officer377,000 NGN-4%
Compensation Analyst267,000 NGN-32%
Compensation and Benefits Manager430,000 NGN+9%
Compensation and Benefits Officer189,000 NGN-52%
Compensation and Benefits Specialist257,000 NGN-35%
Compensation Manager433,000 NGN+10%
Corporate Director of Human Resources537,000 NGN+36%
Corporate Recruiter353,000 NGN-10%
Corporate Trainer268,000 NGN-32%
Director of Talent Acquisition521,000 NGN+32%
Diversity and Inclusion Specialist339,000 NGN-14%
Employee Benefits Administrator306,000 NGN-22%
Employee Benefits Consultant394,000 NGN-0%
Employee Benefits Coordinator164,000 NGN-58%
Employee Communications Manager380,000 NGN-4%
Employee Development Specialist348,000 NGN-12%
Employee Engagement Specialist368,000 NGN-7%
Employee Experience Manager417,000 NGN+6%
Employee Health and Wellness Administrator321,000 NGN-19%
Employee Performance Specialist275,000 NGN-30%
Employee Relations Analyst364,000 NGN-8%
Employee Relations Manager370,000 NGN-6%
Employee Relations Practitioner382,000 NGN-3%
Employee Relations Representative269,000 NGN-32%
Employee Relations Specialist349,000 NGN-11%
Employee Services Manager392,000 NGN-1%
Employee Services Specialist373,000 NGN-5%
Employee Wellness Officer269,000 NGN-32%
Employment Advice Worker173,000 NGN-56%
Employment Interviewer253,000 NGN-36%
Employment Relations Officer163,000 NGN-59%
Employment Service Specialist200,000 NGN-49%
Employment Services Coordinator243,000 NGN-38%
Enrollment Counselor350,000 NGN-11%
Equal Opportunity Representative255,000 NGN-35%
Executive Human Capital Management541,000 NGN+37%
Executive Recruiter363,000 NGN-8%
Expatriate Administration Manager374,000 NGN-5%
Expatriate Administration Supervisor244,000 NGN-38%
Global Mobility Manager433,000 NGN+10%
Head of Culture428,000 NGN+9%
Head of Human Resources517,000 NGN+31%
Headhunter387,000 NGN-2%
Health Benefits Coordinator224,000 NGN-43%
HRIS Analyst195,000 NGN-51%
HRIS Manager328,000 NGN-17%
HRIS Officer162,000 NGN-59%
HRIS Supervisor181,000 NGN-54%
Human Resources Administration Specialist213,000 NGN-46%
Human Resources Administrative Assistant159,000 NGN-60%
Human Resources Administrative Coordinator221,000 NGN-44%
Human Resources Administrator225,000 NGN-43%
Human Resources Advisor360,000 NGN-9%
Human Resources Analyst314,000 NGN-20%
Human Resources Assessor207,000 NGN-47%
Human Resources Assistant138,000 NGN-65%
Human Resources Assistant Manager380,000 NGN-4%
Human Resources Associate136,000 NGN-66%
Human Resources Compliance Officer334,000 NGN-15%
Human Resources Consultant435,000 NGN+10%
Human Resources Coordinator154,000 NGN-61%
Human Resources Data Analytics Manager299,000 NGN-24%
Human Resources Data Scientist312,000 NGN-21%
Human Resources Deputy Manager 407,000 NGN+3%
Human Resources Development Manager458,000 NGN+16%
Human Resources Director560,000 NGN+42%
Human Resources Executive356,000 NGN-10%
Human Resources Generalist269,000 NGN-32%
Human Resources Manager504,000 NGN+28%
Human Resources Officer208,000 NGN-47%
Human Resources Recruiter363,000 NGN-8%
Human Resources Representative205,000 NGN-48%
Human Resources Section Head350,000 NGN-11%
Human Resources Services Manager454,000 NGN+15%
Human Resources Shared Services Manager364,000 NGN-8%
Human Resources Specialist268,000 NGN-32%
Human Resources Superintendent192,000 NGN-51%
Human Resources Systems Administrator277,000 NGN-30%
Human Resources Technology Consultant326,000 NGN-17%
Human Resources Training Executive351,000 NGN-11%
Human Resources Transformation Consultant360,000 NGN-9%
Human Resources Vice President535,000 NGN+36%
Industrial Organizational Psychologist452,000 NGN+15%
Job Evaluation Specialist359,000 NGN-9%
Labor Relations Director403,000 NGN+2%
Labor Relations Manager428,000 NGN+9%
Labor Relations Specialist199,000 NGN-50%
Learning and Development Manager433,000 NGN+10%
Learning and Development Specialist321,000 NGN-19%
Occupational Health and Safety Officer192,000 NGN-51%
Organizational Development Consultant400,000 NGN+1%
Organizational Development Manager468,000 NGN+19%
Organizational Development Specialist233,000 NGN-41%
Payroll Assistant173,000 NGN-56%
Payroll Supervisor210,000 NGN-47%
People Development Officer264,000 NGN-33%
People Operations Analyst342,000 NGN-13%
Personnel Officer148,000 NGN-62%
Personnel Recruiter357,000 NGN-9%
Records Clerk129,000 NGN-67%
Records Manager223,000 NGN-43%
Recruiter355,000 NGN-10%
Recruiting Coordinator191,000 NGN-52%
Recruiting Manager476,000 NGN+21%
Recruitment Consultant368,000 NGN-7%
Recruitment Officer203,000 NGN-49%
Recruitment Supervisor296,000 NGN-25%
Remote Collaboration Consultant287,000 NGN-27%
Remote Work Compliance Manager390,000 NGN-1%
Remote Work Coordinator248,000 NGN-37%
Remote Work Manager351,000 NGN-11%
Research Associate163,000 NGN-59%
SAP Resource Manager370,000 NGN-6%
Talent Acquisition Manager479,000 NGN+21%
Talent Acquisition Specialist299,000 NGN-24%
Talent Brand Manager428,000 NGN+9%
Talent Management Officer223,000 NGN-43%
Technical Recruiter236,000 NGN-40%
Training Administrator199,000 NGN-50%
Training and Development Manager463,000 NGN+17%
Training and Development Section Head367,000 NGN-7%
Training Executive420,000 NGN+7%
Training Manager451,000 NGN+14%
Training Officer183,000 NGN-54%
Training Specialist273,000 NGN-31%
Workforce Planning Analyst307,000 NGN-22%

Salary Comparison By City

CityAverage Salary
Lagos434,000 NGN

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Nigeria is 6% on average across all career fields.

Private Sector
329,000 NGN
Public Sector+6%
349,000 NGN
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Employee Benefits Consultant in Nigeria?

A good and competitive compensation would range anywhere between 355,000 NGN and 402,000 NGN. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Employee Benefits Consultant in Nigeria ranges from 209,000 NGN to 296,000 NGN. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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