Chief /Sr. Manager – Compensation & Benefits

4 weeks ago


navi mumbai, India Reliance Retail Full time

Chief Manager/Sr. Manager Compensation & Benefits

Job Description

Managing Compensation & Benefit strategy for the company and its subsidiaries.

Manage M&A integration - policy, grade and compensation integration of portfolio organizations

Design differentiated reward strategy across different employee segments and levels Long term incentive programs, ESPOs, Retention programs, various short term incentive programs etc

Ensuring audit and governance of compensation and benefits related policy design, policy adherence and data management

Managing annual salary review exercise and administration of off-cycle pay adjustments

Ensuring proper organization design & grade structure with job evaluation studies

Ensure external competitiveness of internal salary ranges by benchmarking against comparators.

Drive digital transformation to ensure that reward strategy is executed across large and diverse workforce

Drive manpower and cost budget exercise and AOP preparation

Skill & Competence

Advanced knowledge of Excel, HRIS and payroll processes

Understanding compliance, acts and regulations pertaining to compensation and benefits

Working knowledge of SAP is preferable but not mandatory

Team management experience is preferable

Education Required

Full time Postgraduate/MBA

Experience

7+ years



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