nVent - Compensation Analyst

1 week 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 skillsYou 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 plusSkills / 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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