Manager – Compensation and Benefits Mumbai
2 months ago
Job Description:
Responsible for the delivery of Compensation-related processes monthly, including processing of Incentives Mthly/ Qtly / or any special incentive, Leave Encashment, statutory bonus cycles are run smoothly, ensure all compensation activities are undertaken correctly accurately and as per timelines.
Responsible for Annual Compensation. Ensuring state wise Statutory Minimum wages are met. Responsible for implementation of different compensation projects i.e. market benchmarking, policy benchmarking, deriving inferences and suggesting suitable adjustment to the Management and implementing the same. Designing compensation for promotion cases. Responsible for successful implementation of Total reward framework. Develop and execute implementation/communication strategies for any plan changes and other benefits initiatives. Responsible for researching, resolving and responding to benefits queries and escalations from employees, the HR function, and management. Responsible to ensure and provide necessary data monthly, including new hires, salary change etc for payroll process (including pre?payroll) is run effectively and timely as per pre?-defined time lines. Maintaining Compensation data in SAP.
Key Skills :
Salary Benchamrking
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