Compensation Benefits Specialist
3 weeks ago
Role:
Associate Lead- Compensation and Benefits
Location:
Bangalore
What we are looking for?
- Applicants that have graduated from top B-Schools and highly motivated to work in fast-paced teams that interact with leadership and shape company policy are welcome to apply.
- Candidates with relevant experience in the field of Compensation and Benefits and Analytics.
- Should possess strong analytical and quantitative skills, be able to engage with multiple stakeholders.
- Should be able to operate independently and guide/work together with teams.
- Ability to engage with multiple internal and external stakeholders to realize shared objectives.
- Can take responsibility and operate independently in a fast-paced environment.
- MBA Top B-Schools would be Preferred.
- Experience Range: 2-4 years of relevant experience.
- People who have experience in analytics from consulting backgrounds will be preferred.
Responsibilities will include:
- Design compensation models, allowances, salary ranges, long & short-term incentive programs, policy formulation across group entities.
- Linking compensation with organizational performance, management of large-impact reward programs, financial impact analysis and scenario-building, digitization for improved program implementation, benchmarking reward programs with market intelligence.
- Engage with internal stakeholders and user groups to solicit actionable feedback on programs and recommend design improvements.
- Independently resolve escalated compensation issues and recommend optimal solutions for issues with high complexity.
- Develop and report metrics related to effectiveness of managed compensation programs / processes.
Skills:
- Compensation Structure,
- Compensation Design,
- Compensation Modelling,
- Bonus Plan,
- Structuring Hiring Grids,
- Compensation budgeting,
- Benefits design
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