Compensation Benefits Specialist
4 weeks ago
Location : Mumbai – Andheri East - Seepz
Flexi to work from office
Shift Timing – General Shift
Immediate Joiner/Lessernotice period candidates required
Job Description / key Responsibilities and skills :
Lead - Compensation and Benefits (India)
- Annual Budgeting exercise & Tracking budget Utilization.
- Manage Annual Merit increment Cycle Exercise includes salary calculation, payout support and employee communication.
- Rollout of Bonus plan, calculation of bonuses as per corporate guidelines and payroll inputs
- Carry out Market Survey / Salary Benchmarking with External Consultant
- Compliance with Local Min wages from time to time
- Support recruitment team on salary grid i.e. internal and external benchmarking data, skill-based compensation proposition, etc.
- Internal and External Audit support
- MIS Reporting , Salary Revision, Promotion, Retention Bonus Payout calculation and payroll inputs
- Experience in Merger & Acquisition experience preferred.
- Advance Excel Skill
- Excellent Communication skills and aptitude in problem-solving
- Experience - 10-12 yrs of relevant experience required
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