Specialist, Total Rewards, India

5 days ago

New Delhi, India ReSource Pro Full time

Purpose of the PositionThe Specialist is meant for someone who is an excellent multi-tasker and had projects handling experience. We are looking for a high-energy individual who is expert in creating and analyzing reports and presenting the critical information in a professional manner.Principal ResponsibilitiesCompensation and Benefit System Management- Assist in the design, development, and implementation of total rewards programs, including compensation structures, incentive plans, and benefits packages - Conduct market research and analysis to ensure the organization's total rewards offerings remain competitive and aligned with industry standards - Collaborate with cross-functional teams to support the execution of total rewards initiatives and projects - Administer employee compensation and benefits programs, including processing payroll, managing employee inquiries, and ensuring compliance with relevant regulations. - Support the annual performance review process by providing data analysis and recommendations for merit increases and bonus payouts - Prepare reports and presentations on total rewards metrics, trends, and program effectiveness for senior leadership - Assist in the communication and education of total rewards programs to employees, including conducting training sessions and developing informational materials - Stay informed about changes in legislation and market trends that may impact total rewards programs, and make recommendations for adjustments as needed - Handle ad-hoc projects and assignments related to total rewards as assigned by the Total Rewards ManagerMIS & Reports- Keep track of metrics on a weekly/monthly basis for reporting to the management - Create dashboards using Excel, trend analysis, and ad-hoc reports - Generate and Publish BI / Excel reports (Daily/Weekly/Monthly) based on Management requirements - Create Templates and reports based on requirements - Extract reports from various digital Platforms, creating VBA/Macros - Manage and delivery the reports with high accuracy and in a timely manner. Timely review of data maintenance and accuracyC&B Daily Operation ManagementManage the daily C&B activities such as payroll process, merit increase, bonus, budget, promotion actions and benefits administration etc. to ensure compliance with C&B strategy and support company business needs and meet information security requirements.Statutory Compliance- Support team with various projects & initiatives including new legislation in employment law & updating relevant ER policies and practices - Review and analyze compliance data; Prepare compliance reports as needed including governmental, internal, and audit compliance reporting - Support on all the internal and external auditsFunctional Competencies- Advanced Knowledge in Excel formulas - Good functional knowledge Of MS BI tool - Good functional knowledge in VBA/Macros, Power Query - Ability to normalize complex data - Strong working knowledge of Workday - Working knowledge of Statistic. (Additional Adv.) - Experience of HRIS / Workday implementation (Additional Adv.)Behavioral Competencies- Excellent oral and written communication skills - High stakeholder management & interpersonal skills - Problem-solving skills - Out of the box thinking - Ability to Learn new concepts

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