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A Benefit Director is responsible for overseeing and managing employee benefits programs within an organization. They design, implement, and administer various benefit plans such as health insurance, retirement plans, paid time off, and other employee perks. The Benefit Director ensures compliance with relevant laws and regulations, evaluates the effectiveness of benefit programs, and makes recommendations for improvements. They also work closely with insurance providers, vendors, and brokers to negotiate contracts and manage relationships. Additionally, they communicate benefit information to employees, provide guidance on benefit options, and handle employee inquiries and concerns. The Benefit Director plays a crucial role in attracting and retaining employees by offering competitive and comprehensive benefit packages.
Estimated Yearly Salary: 7,263,529 NGN
Estimated Monthly Salary: 605,294 NGN
Estimated Weekly Salary: 139,683 NGN per week
Estimated Hourly Salary: 3,492 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 585,479 NGN
Estimated Weekly Salary: 135,110 NGN per week
Estimated Hourly Salary: 3,378 NGN per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 8,714 USD
Estimated Monthly Salary: 726 USD
Estimated Weekly Salary: 168 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 7,263,529 NGN
Estimated Monthly Salary: 605,294 NGN
Estimated Weekly Salary: 139,683 NGN per week
Estimated Hourly Salary: 3,492 NGN per hour
By working as Benefit Director a person can save up to 521 USD per month or 6,247 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Nigeria, see costs of living in Nigeria.
Estimated Yearly Salary for Benefit Director
Last revision of data: 2025-01-04
Data as of 2025
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Benefit Director salary in Nigeria
Average Yearly Salary of Benefit Director in Nigeria is approximately 7,263,529 NGN (8,714 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Benefit Director do?
A Benefit Director is responsible for overseeing and managing employee benefits programs within an organization. They design, implement, and administer various benefit plans such as health insurance, retirement plans, paid time off, and other employee perks. The Benefit Director ensures compliance with relevant laws and regulations, evaluates the effectiveness of benefit programs, and makes recommendations for improvements. They also work closely with insurance providers, vendors, and brokers to negotiate contracts and manage relationships. Additionally, they communicate benefit information to employees, provide guidance on benefit options, and handle employee inquiries and concerns. The Benefit Director plays a crucial role in attracting and retaining employees by offering competitive and comprehensive benefit packages.
Skills: Benefit Administration, Employee Benefits, Compensation and Benefits, HR Management, Benefits Specialist, Benefits Communication
Job industry: Human resources
Job industry: Human resources
How much does Benefit Director make?
Salary details
How much does Benefit Director make?Estimated Yearly Salary: 7,263,529 NGN
Estimated Monthly Salary: 605,294 NGN
Estimated Weekly Salary: 139,683 NGN per week
Estimated Hourly Salary: 3,492 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 7,025,744 NGNEstimated Monthly Salary: 585,479 NGN
Estimated Weekly Salary: 135,110 NGN per week
Estimated Hourly Salary: 3,378 NGN per hour
Last revision of data: 2024-01-02Benefit Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,714 USD
Estimated Monthly Salary: 726 USD
Estimated Weekly Salary: 168 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Nigeria is a country located in West Africa. It is the most populous country on the African continent, with a population of over 200 million people. The country covers an area of about 923,768 square kilometers, making it the 32nd largest country in the world. Nigeria shares borders with Niger, Chad, Cameroon, and Benin.
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Benefit Director job salary compared to average salary in Nigeria.
Comparison shows that a person working as Benefit Director in Nigeria earns on average:
1.84 times the average salary (or 184% of average salary).
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Benefit Director job salary compared to average salary in Nigeria.
Comparison shows that a person working as Benefit Director in Nigeria earns on average:
1.84 times the average salary (or 184% of average salary).
Is Benefit Director a well paid job?
Yes, our data shows that Benefit Director is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Benefit Director?
High salary for Benefit Director would be somewhere between 7,989,882 NGN and 10,532,117 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Benefit Director in Nigeria?
Living in Nigeria the approximate monthly expenses are: 206 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 7,263,529 NGN
Estimated Monthly Salary: 605,294 NGN
Estimated Weekly Salary: 139,683 NGN per week
Estimated Hourly Salary: 3,492 NGN per hour
By working as Benefit Director a person can save up to 521 USD per month or 6,247 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Nigeria, see costs of living in Nigeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Niger, Chad, Cameroon, Benin. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Benefit Director
Cameroon is 2,818 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Nigeria
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Data as of 2025Random salary:
Senior sales operations manager (6,899,776 NGN per year, pre-tax.)
Director of disability services (5,144,623 NGN per year, pre-tax.)
Assistant golf professional (1,735,610 NGN per year, pre-tax.)
Full charge bookkeeper (3,559,688 NGN per year, pre-tax.)
Senior pharmacy technician (3,091,528 NGN per year, pre-tax.)
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Salary details presented on this website are meant for reference purposes only. Our data comes from various inputs and may not always be up to date. Users should cross-reference salary information through other means before making financial commitments. The figures listed here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We do not guarantee that the information provided is flawless. By using this website, you agree that salary information is offered 'as is' and without assurances.
Salary details displayed on optisalary.com are meant for reference purposes exclusively. Our data comes from multiple inputs and may not necessarily be up to date. Users must verify salary information independently before making financial commitments. The figures shown here may change due to factors such as company policies, experience levels, and demand shifts. We do not guarantee that the data displayed is error-free. By using optisalary.com, you accept that salary information is offered 'as is' and without assurances.