AVP/DVP - Compensation & Benefits - Payments Bank (8-17 yrs)

3 weeks ago


Mumbai, Maharashtra, India iimjobs Full time
AVP / DVP - Compensation and Benefits with a payments Bank

We have an opening for AVP / DVP - Compensation and Benefits with a Payments Bank/

Location:
Mumbai

Industry preference:
Bank / Financial Services / Insurance

  • Create bonus and pay plans that complement the business's strategic plan.
  • Verify that compensation and benefits are in line with current human rights and pay equity laws.
  • Recognize patterns and introduce fresh methods to inspire and involve workers
  • Investigate employee happiness with quantitative data and surveys, for example.
  • Renew our compensation schemes according to employee demands, including monetary and nonmonetary benefits.
  • Monitor data on benchmarking compensation and benefits
  • Collaborating with upper management to strategize future pay and benefit plans
  • Experience designing bonus and pay plans for different divisions and seniority levels
  • Outstanding comprehension of job analysis and evaluation systems.
  • Strong analytical abilities
  • Arranging compensation, benefits, incentives, and prizes
  • Ensuring adherence to pertinent labor laws and regulatory directives within the banking sector
  • Making suggestions for enhancements to upper management
  • Handling outside benefit suppliers


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