AVP Compensation

2 days ago

Mumbai Maharashtra India, Maharashtra Renowned Client Full time

Role & Responsibilities:

  • Develop a strong understanding of business lines and products.
  • Plan and execute the Year-End Compensation exercise.
  • Provide Year-End analytics and data management.
  • Create training and communication materials for the implementation of compensation programs.
  • Benchmark market data by participating in and analyzing compensation surveys to provide market and job insights.
  • Gather market intelligence through secondary research and networking with compensation professionals.
  • Offer consultative services on compensation to HR Business Partners.
  • Maintain continuous contact with global compensation and regional HR teams to ensure compliance with both local and global standards.
  • Manage relationships with HR vendors, internal stakeholders, and non-statutory vendors.
  • Handle adhoc projects aimed at enhancing the employee experience related to rewards.
  • Support a wide variety of compensation initiatives in India.
  • Provide guidance on contractual, compensation, tax, and mobility issues.
  • Perform business-as-usual (BAU) activities within the Compensation and Benefits Department, including new compensation-fitments.
  • Design, review, and maintain salary bands for talent acquisition on an annual basis.

Required Mindset:

  • Mandatory:
  • Postgraduate with 10 + years of experience in Compensation & Benefits.
  • Team player with a proven ability to work collaboratively with a wide range of people at different levels.
  • Strong interpersonal and communication skills.
  • Ability to take initiative and a willingness to learn.
  • Hands-on experience with quantitative and qualitative research.
  • Strong analytical and MS Office skills.
  • Flexible and capable of handling multiple tasks.
  • Desired:
  • Familiarity with SuccessFactors (SAP)/Oracle.

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