Compensation and Benefits Manager-Global Manufacturing MNC

1 week ago

Bengaluru, India Michael Page Full time
Opportunity to work at a Global MNCOpportunity to work with senior business stakeholders

About Our Client

Our client is a Global MNC in the manufacturing sector

Job Description

Compensation & Benefits:Lead the rewards COE to ensure alignment with global directives and philosophy.Develop benefits, perks, and allowances based on internal bands and grades, regularly reviewing to maintain attractiveness.Communicate increments and bonuses clearly and punctually.Administer key reward processes like annual compensation review, variable pay, and grievance handling using standardized frameworks.Ensure compliance with internal and external reward processes.Offer expert guidance on policy interpretation and implementation to all stakeholders.Design and implement sales incentives, communicating initiatives effectively.Align employee benefits practices like insurance with industry standards and facilitate policy adoption.

HR Budget:Manage HR budgets (AOP), including manpower planning, ensuring control through ongoing budget tracking.Establish governance and effective control mechanisms across HR lifecycle processes and policies.

HR Management:Supervise the existing HRMS system, suggesting enhancements as per business needs.Lead the Workday implementation project in India.Manage next-generation employee engagement applications and devise adoption and engagement mechanisms.

Data Management & HR Analytics:Manage employee master data, create process mechanisms for stakeholder awareness, and ensure data accuracy.Analyze people data to produce HR-focused analytics dashboards and meaningful insights.Conduct productivity and compensation analyses.

Role-Specific Competencies:Extensive experience in ERP implementation (SAP, Oracle) and modern HRMS solutions.Hands-on work in HR analytics, metrics, and dashboards.Working knowledge of analytics tools like Power BI/QlikSense is advantageous.Experience with Workday is a plus.

The Successful Applicant

A minimum of 5 years of experience in Compensation & Benefits focusing on India as a geography is a MUSTExperience in Budgeting, Manpower Planning, Compensation Benchmarking is a MUSTExperience working in the Manufacturing sector is a MUSTPrior experience working on HRMS tools, Analytics, Dashboarding will be an added advantageCandidate must be in Bangalore or open to relocate to Bangalore

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