Manager - Compensation & Benefit - Retail/FMCG (6-14 yrs)

4 weeks ago


Mumbai, Maharashtra, India iimjobs Full time
Design compensation packages and bonus programs that align with the company's strategic plan

  • Ensure salaries and benefits comply with the current statutory requirements
  • Identify trends and implement new practices to engage and motivate employees
  • Keep track of prevailing pay rates and make sure we offer competitive compensation plans
  • Evaluate and report on the effectiveness of employee benefit programs
  • Track compensation and benefits benchmarking data
  • Renew our compensation plans with monetary and nonmonetary benefits based on employee needs
  • Regular reporting on compensation numbers, changes, benchmarks, costs etc.

Requirements:

  • 614 Years of Compensation Exp.
  • Understanding of Compensation principles, cycles and processes
  • Must be very good at Excel (Formulas, large data sets, Macros)
  • Ability to work under pressure


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