Compensation & Benefit Manager - FMCG/Retail (10-14 yrs)

4 weeks ago


Mumbai, Maharashtra, India iimjobs Full time
Design and implement compensation and benefits programs to attract, retain, and motivate employees.

  • Conduct market research and analysis to ensure competitiveness of compensation packages.
  • Develop and administer employee benefit programs, including health insurance, retirement plans, and wellness initiatives.
  • Manage compensation structures, including salary bands, bonuses, and incentives.
  • Ensure compliance with legal requirements and industry standards related to compensation and benefits.
  • Collaborate with HR and finance teams to budget and forecast for compensation expenses.
  • Provide guidance and support to employees regarding compensation and benefits inquiries.
  • Evaluate and recommend changes to compensation and benefits programs based on company needs and employee feedback.
  • Stay updated on industry trends and best practices in compensation and benefits administration.
  • Prepare reports and presentations for senior management on compensation and benefitsrelated matters.


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