Gallagher - Senior Analyst - Global Compensation

Analyst- Global Compensation (US)Experience : 4 - 5 yearsLocation : Pune, MaharashtraWe believe that every candidate brings something special to the table, including you So, even if you feel that youre close but not an exact match, we encourage you to apply. Wed be thrilled to receive applications from exceptional individuals like yourself.Gallagher, a global industry leader in insurance, risk management, and consulting services, boasts a team of over 50,000 professionals worldwide. Our culture, known as "The Gallagher Way," is driven by shared values and a passion for excellence. At the heart of our global operations, the Gallagher Center of Excellence (GCoE) in India, founded in 2006, upholds the values of quality, innovation, and teamwork. With 10,000+ professionals across five India locations, GCoE is where knowledge-driven individuals make a significant impact and build rewarding, long-term a Senior Analyst, Global Compensation with 4 to 5 years of relevant work experience, you'll be an integral part of the Total Rewards team under larger Global HR Shared Services, contributing significantly to strategic development, seamless implementation, and effective ongoing administration of our worldwide compensation programs. Your expertise will be crucial in participating in salary surveys and benchmarking initiatives, meticulously analyzing compensation data, and proactively supporting the continuous enhancement of our global compensation processes and policies. You'll also be responsible for the accurate administration of new job creations on our HRMS, ensuring consistency with our job architecture framework.How You'll Make An Analysis & Design Support:- Conduct job evaluations and market pricing analyses using external survey data and internal compensation benchmarks.- Participate in salary survey responses and benchmark job identification.- Assist in the implementation and administration of compensation programs and reward and recognition initiatives.- Perform ad-hoc reporting and analysis related to various compensation initiatives, potentially including sales compensation and corporate bonus programs.Job Architecture & Data Management:- Manage and maintain the job architecture framework, ensuring consistency and integrity.- Ensure timely and accurate creation of new jobs within the system.- Maintain a comprehensive job inventory of all current roles, including characteristics such as exemption status, costing categorization, and EEO classification.- Support stock administration reporting and platform & Guidance:- Provide guidance and support to HR Managers on salary recommendations for new hires, promotions, and job changes, ensuring alignment with compensation policies.Survey Participation and Reporting:- Participate in salary survey data collection and reporting.Additional of ERPsHR and PayrollSkills And Competencies:- Strong analytical skills with the ability to interpret and present complex compensation data.- Proficiency in compensation databases and HRIS systems.- Excellent attention to detail and accuracy.- Ability to work collaboratively within a team environment.- Understanding of compensation principles and practicesAbout Master's or Bachelor's Degree- Graduation in Business Management is added advantage and Project Management experience is must- Certification in Compensation - Added Advantage- 4 to 5 Years of Relevant Work ExperienceAdditional Information:We value inclusion and diversityInclusion and diversity (I&D) is a core part of our business, and its embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.Gallagher embraces our employees diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as protected characteristics) by applicable federal, state, or local laws.Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business. (ref:iimjobs.com)