nVent - Compensation Analyst

4 weeks ago

Mumbai, India Nvent.com Full time

About the job:

Were looking for people who put their innovation to work to advance our success and their own.

Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

Job Description:

The Compensation Analyst is responsible for ensuring a strong foundation for nVents global compensation philosophy, programs, and processes through regional or country-specific competitive compensation research and analyses.

The opportunity in this position involves learning and growing by applying standard methods, techniques, and skills in compensation.

What You Will Experience In This Position:

In this position, you will get to:

- Analyze nVents pay programs and employee pay levels in comparison to market benchmarks, ensuring alignment between external factors and internal needs and priorities

- Monitor compensation-related laws and regulations, worldwide, and support the development and implementation of compliance-based actions.

- This includes but is not limited to pay transparency requirements, India Labour Code changes, minimum wage legislation, etc.

- Aid in standard benchmarking survey operations, sharing market data with customers and vendors

- Support standard compensation review processes (e. merit increases) with data preparation, system testing, analysis and reporting

- Develop and maintain standard compensation processes and procedures with potential for ad hoc analyses

- Build relationships and rapport with HR colleagues, worldwide, through strong teamwork and collaboration skills

You Have:

Academic background in: Bachelor's degree in Human Resources or other related field, MBA is plus.

Previous experience in or with:

- Minimum of 7+ years of compensation experience

- Compensation certification a plus

Skills / abilities:

- Proficient with Microsoft Office suite of tools especially Excel

- Proficient with human resources (HR) systems navigation, configuration and reporting, Workday preferred

- Proficient with regulation research and tracking, for compliance purposes

- Intermediate understanding of third party compensation survey participation requirements and job benchmarking is a plus

- Strong data-driven approach and proven ability to follow through with the utmost accuracy

- Highly-accountable self-starter, comfortable working independently as well as displaying strong team collaboration

- Strong verbal and written communication skills

- English (advanced level), other languages a plus


(ref:iimjobs.com)

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