Lead - Performance & Rewards/Compensation Specialist - NBFC

2 weeks ago


Mumbai, Maharashtra, India Impeccable HR Consulting Pvt. ltd. Full time

Hiring with a leading housing finance company (NBFC)

Job Location : Gurugram

Designation : Lead - Performance & Rewards

Qualification - MBA - HR

Experience - Minimum 8 Years

Key Responsibilities:

1. Compensation & Benefits:

- Participating in salary survey and doing Compensation Benchmarking

- Defining Salary Ranges and hiring guideline

- Define pay mix using LTI/ STI

- Formulate and execute a comprehensive employee benefits strategy in alignment with organizational objectives.

- Administer and refine employee benefit programs, ensuring competitiveness, compliance and adaptability.

- Monitor industry trends and proactively recommend adjustments to the benefits package.

2. Performance Management:

- Drive closure of performance management processes on HRMS to enhance individual and organizational performance

- Manage increments, promotions, salary changes, ESOPs, RSUs, and performance Bonus

3. Payroll:

- Exercise meticulous oversight of accurate and compliant payroll processes, collaborating closely with finance teams for reconciliation.

- Institute and manage advanced payroll-related systems to ensure efficiency and precision will releasing payouts.

4. Compliance:

- Ensure complete adherence to local state and employment laws and regulations.

- Provide all information systematic compliance audits, proactively updating HR policies to reflect legislative changes.

5. Employee Relations:

- Cultivate a positive workplace culture through sophisticated employee relations

- Address employee concerns, conflicts and grievances judiciously and promptly.

- Collaborate with stake holders to implement customised initiatives to create conducive work environment

6. Employee Insurance:

- Navigate and negotiate employee insurance programs, optimizing terms & premium and disseminating relevant information to employees.

- Collaborate with insurance providers to ensure optimal coverage and cost-effectiveness.

7. HR Technology:

- Evaluate, implement, and optimize cutting-edge HR technology solutions to streamline processes.

- Stay abreast of evolving HR technology trends, providing insightful training sessions to HR staff on effective tool usage.

8. HR Operations:

- Develop and implement streamlined HR operational processes to enhance overall efficiency.

- Oversee day-to-day HR operations, including off boarding and employee records management.

- Continuously assess and improve HR processes to align with organizational goals.

9. HR Policies:

- Organize training sessions or workshops to educate employees about company policies, procedures, and expected conduct.

- Create awareness and minimize the occurrence of disciplinary issues through policy snippets.

(ref:iimjobs.com)

  • Mumbai, Maharashtra, India ACG World Full time

    Company OverviewA prominent player in the corporate landscape, ACG World is dedicated to delivering exceptional Total Rewards solutions. Our team thrives on innovation and collaboration, fostering a dynamic environment where talents can grow.Salary and BenefitsWe offer an attractive compensation package that reflects our commitment to employee satisfaction....


  • Mumbai, Maharashtra, India CapTalent HR Full time

    Job DescriptionWe are seeking a dynamic Lead in Compensation & Benefits with 4 to 5+ years of experience, holding an MBA or PGDBM qualification. The ideal candidate will excel in interpreting and implementing HR policies, executing performance appraisals and bonus programs, and developing strategic compensation and rewards schemes. Proficiency in preparing...


  • Mumbai, Maharashtra, India CapTalent HR Full time

    We are seeking a dynamic Lead in Compensation & Benefits with 4 to 5+ years of experience, holding an MBA or PGDBM qualification. The ideal candidate will excel in interpreting and implementing HR policies, executing performance appraisals and bonus programs, and developing strategic compensation and rewards schemes. Proficiency in preparing compensation...


  • Mumbai, Maharashtra, India Liberty Mutual Insurance Full time

    Liberty Mutual Insurance is seeking a dedicated HR professional to join its team in India. This role will involve dual reporting to both International Reward and HR Process Excellence and Systems functions to support key processes and initiatives across the business.Key Responsibilities:Prepare data for compensation and benefits analyses.Clean reported data...

  • Leading NBFC

    4 weeks ago


    Mumbai, Maharashtra, India Michael Page Full time

    Opportunity to be a part of a leading NBFC (Lending & Housing) Lead a small team of engineers and contribute to org's success About Our Client The company is a leading Non-Banking Financial Company (NBFC) with a strong presence across India. It offers a range of financial products and services to individuals and businesses. The company is committed to...


  • Mumbai, Maharashtra, India myGwork Full time

    This job is with WTW, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly. Description Performance Objectives:Financial• Leads marketing and account management activities to meet business development and revenue targets • Develops and executes...


  • Mumbai, Maharashtra, India myGwork Full time

    This job is with WTW, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.DescriptionPerformance Objectives:Financial• Leads marketing and account management activities to meet business development and revenue targets• Develops and executes industry...


  • Mumbai, Maharashtra, India Sun Pharmaceutical Industries Full time

    Job Description">We are seeking a skilled Regional Rewards Specialist to join our team in developing and implementing comprehensive compensation strategies that drive business results and enhance employee engagement.Key Responsibilities:">Analyze business performance data to identify areas for improvement and develop targeted reward programs to boost...


  • Mumbai, Maharashtra, India Liberty Mutual Insurance Full time

    This role at Liberty Mutual Insurance offers an exciting opportunity for a skilled HR professional to make a meaningful contribution to the company's success. The role involves working closely with various teams to develop and implement effective compensation and benefits strategies.About the Role:The Employee Benefits Analyst will be responsible for...


  • Mumbai, Maharashtra, India Ace Recruitment & Placement Consultants Pvt. Ltd. Full time

    Job Summary: We are seeking a highly skilled Compensation & Benefits Specialist to assist the Head of Compensation & Benefits in strategic planning and execution of compensation and benefits programs. The ideal candidate will have proven experience in a similar role, strong analytical skills, and extensive experience with HRIS and compensation management...


  • Mumbai, Maharashtra, India Michael Page Full time

    Job Description- Client is a leading player in the insurance industry- Strategic roleJob DescriptionCompensation & Benefits -- Design and implement compensation strategies that align with the company's business goals.- Manage the company's benefits program to ensure competitiveness in the market.- Desing and implement long term and short-term incentive...


  • Mumbai, Maharashtra, India The Premier Consultants ( Recruitment Company ) Full time

    **Job Description:**We are seeking a highly skilled Cloud Security Specialist with NBFC experience to join our team. As a Cloud Security Specialist, you will be responsible for helping us find, assess, test, and apply security controls in relation to new or enhanced security technologies, procedures, and solutions.Your expertise in cloud platforms, such as...


  • Mumbai, Maharashtra, India Liberty Mutual Insurance Full time

    Job DescriptionWe are looking for a dedicated HR professional to join our team based in India. This role will be dual reporting to both (1) International Reward and (2) HR Process Excellence and Systems functions to support key processes and initiatives across the business.Key Responsibilities:- Prepare data for compensation and benefits analyses.- Clean...


  • Mumbai, Maharashtra, India The Premier Consultants ( Recruitment Company ) Full time

    Job DescriptionWe have an opening for Head of Risk Management with a Leading NBFC.Location: MumbaiJob Description:To oversee risk-related operations in our Non-Banking Financial Company (NBFC), we are looking for a strategic and meticulous Risk Profile Scale and Regulatory Compliance Specialist. The main goal will be to make sure that Capital Adequacy...


  • Mumbai, Maharashtra, India Tata Consultancy Services Limited Full time

    Job DescriptionAt Tata Consultancy Services Limited, we are seeking a highly skilled Compensation Specialist to join our team. This is an exciting opportunity for someone with expertise in SuccessFactors Compensation and Variable Pay.We require the successful candidate to have a strong background in compensation design and implementation, as well as...

  • Rewards COE

    2 weeks ago


    Mumbai, Maharashtra, India ScaleneWorks Full time

    About the role Key Responsibilities: 1. Dashboard Development: o Create and maintain comprehensive monthly, quarterly, and annual dashboards that track key compensation metrics, trends, and benchmarks. o Collaborate with cross-functional teams to gather relevant data and insights for reporting. 2. Cost Forecasting and Reconciliation: o Conduct cost...


  • Mumbai, Maharashtra, India Sealed Air Corporation Full time

    What does a Total Rewards Manager/Expert do?Sealed Air is seeking an engaging and experienced Total Rewards professional to support our business across the Asia and Australia & New Zealand regions. This role will partner closely with HR Business Partners, HR Operations and members of the Global Total Rewards team. The ideal candidate will bring strong...


  • Mumbai, Maharashtra, India Michael Page Full time

    About Our ClientOur client is a large organization in the insurance industry. They are known for their commitment to providing unparalleled services and creating an environment that nurtures growth and innovation.Job DescriptionCompensation & Benefits -- Design and implement compensation strategies that align with the company's business goals.- Manage the...


  • Mumbai, Maharashtra, India Ace Recruitment & Placement Consultants Pvt. Ltd. Full time

    Responsibilities: Assist the Head of Compensation & Benefits in the strategic planning andexecution of compensation and benefits programs. Process and manage complex employee benefits enrolments, changes, andterminations. Maintain and update employee compensation and benefits records in HRISsystems, ensuring data integrity, carrying out changes in...


  • Mumbai, Maharashtra, India Emerson Full time

    Job SummaryAre you a Total Rewards professional? Emerson has just the opportunity for you The Total Rewards Director – APAC Region will be responsible for designing, planning, implementing and leading Emerson's Total Rewards strategy across APAC countries. This exciting role requires a deep understanding of regional and country-specific compensation...