AVP - Compensation & Benefits - BFSI - IIM/XLRI/TISS/MDI

3 weeks ago


Gurugram, India TOTL RPO Solutions LLP Full time

AVP - Comp & Benfits (MNC)


- Looking for seasoned HR professional who has 10+ years of experience in Compensation benchmarking and Implementing the benchmarking outputs

- MBA from Tier 1 school - Mandatory

- Performs compensation and benefits benchmarking studies by working with consulting partners to submit survey information for compensation programs. Receives survey reports and performs detailed data checks and analysis. Performs data comparisons and insights to support Pay range development process.

- Handle annual Merit Planning process. Performs analysis such as Comp Ratio and cost impact analysis to evaluate proposals. Works with HRBP teams and business to ensure smooth delivery of merit letters. Ensures accurate payroll input for merit related changes. Supports the planning and execution of the mid year promotion and market correction process.

- Lead Talent management through talent reviews and succession planning and HRIS projects and BAU deliverables.

- Performs analysis of compensation programs like costs and/or value of base salary structures, Short Term Incentive (STI) and Long-Term Incentive (LTI) analysis along with overall HR Analysis to build trends on HR COE deliverables.

- Reviews the Account Manager incentive programs periodically. Supports CCWG reviews of AM incentive plans. Works with business to evaluate need for revision of programs and provides expertise in developing proposals. Performs simulation studies to evaluate impact of changes proposed

- Manages and implements the annual rewards project. Works with consulting partners and internal partners for timely and accurate submission of data for the project. Collaborates with HRBP and Corp Comm. Team to develop and roll out communication strategy to support the project.

- Performs other transactions related to compensation management including approvals in Workday.

- Handling global Recognition platform

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