Manager - Compensation & Benefits (7-15 yrs)

3 weeks ago


Mumbai, Maharashtra, India iimjobs Full time

Location:
Mumbai (Hybrid)

Embark on a dynamic journey in C&B, shaping global compensation and benefits strategies. Collaborate with cross-functional teams to craft compelling Total Rewards Solutions, driving talent retention and acquisition.

Your Employer:
Global analytics company driven by its mission of making markets Function better. They are Indias foremost provider of ratings, data, research, analytics and solutions.

Responsibilities:

  • Manage the compensation cycle (pay increase and variable pay)
  • Design simulations based on industry insights, organization budgets and key employee retention drivers
  • Ensuring communication of the compensation strategies to various stakeholders
  • Disbursement of online annual increment and variable pay letters
  • Responsible for driving the LTIP agenda, formulation of LTIP Plans, payout of LTIP each year as per plan guidelines
  • Evaluate relevant partners across geography for compensation benchmarking
  • Past experience in implementation of HRMS modules, experience in Compensation Module implementation and management preferred
  • Ensuring monthly inputs for Payroll. Liaise with external partners and Payroll team for ensuring accurate processing of monthly salaries
  • Creating periodic dashboards and presentations as required for informed decisions
  • Evaluating and benchmarking benefits regularly to verify the relevance and need of the organization
  • Regular communication of available benefits to employees, encourage utilization

Requirements:

  • Professionally qualified (MBA/PGDBA HR/General management)
  • Prior experience in compensation & benefits is must (at least 7 yrs relevant)
  • Experience in working with leaders / cross functional teams / multiple stakeholders
  • Strong Business Communication and presentation skills with the ability to influence and convince stakeholders by objectively presenting challenging views
  • Analytical Prowess, expertise in advanced data analytics through Excel
  • Able to prioritize in complex, fastpaced environment.
  • Proficient in handling employee issues with sensitivity, objectivity and empathy
  • Team Player with the ability to network collaborate with diverse teams
  • Ability to understand cross cultural sensitivity and manage global interactions.
What's in it for You?

Global Impact:

Lead the design and implementation of compensation and benefits strategies across diverse international locations, influencing organizational success on a global scale.


Strategic Partnership:

Collaborate closely with business leaders and HR partners to align compensation and benefits programs with corporate objectives, fostering employee satisfaction and organizational growth.



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