Compensation Benefits Manager
1 month ago
The core purpose of the position is to design and execute end to end Performance Management Process and Rewards programs/interventions.
Strategic
- Design / re-refine end-to-end Performance Management and Rewards programs / Interventions (goal setting, mid and year end performance evaluation, compensation benchmarking surveys, policies, role fitment etc.)
- as a process owner for Process Design and Deployment (via processes and SuccessFactors).
Operational
Performance Management:
Design and facilitate end-to-end performance appraisal processes, ensuring alignment with organizational goals and values (goal setting workshops, goal enhancements, mid and year-end performance evaluation, leveraging SuccessFactors etc.)
Provide consultation / guidance to managers and employees on goal-setting, mid and year end performance evaluation process
Analyze performance data to identify trends and make recommendations for improvement.
Compensation and Benefits:
Conduct the end-to-end compensation process, including salary surveys, salary benchmarking, and salary structure design/re-design
Be a process owner for year-end compensation increment cycles
Design / optimize employee benefits, ensuring compliance with regulatory requirements and market competitiveness.
Policy Development and Compliance:
Design and maintenance of HR policies related to, but not limited to, performance management, compensation, and all employee benefits
Lead policy benchmark surveys to maintain market competitiveness
Desired Experience:
- Masters in HR from Tier 1 or 2 Institute
- 3-6 years experience in performance management, compensation, and benefits administration, preferably in the agro-chemical or agricultural industry.
- knowledge of Indian labor laws and regulations.
- analytical and problem-solving skills
- ownership mindset with end to end accountability of projects
- with a high level of accuracy
- Knowledge of SuccessFactors is preferable
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