Compensation Partner Ii

2 weeks ago

Bengaluru, India FIS Global Full time

**Position Type**:
Full time
**Type Of Hire**:
Experienced (relevant combo of work and education)
**Education Desired**:
Bachelor of Business Administration
**Travel Percentage**:
0%
J**ob Description**

Are you curious, motivated, and forward-thinking? At FIS, you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun.

**About the team**

It’s an amazing opportunity to join a Talented team of innovative and committed folks doing interesting work at the world’s largest global provider dedicated to financial technology solutions

**What you will be doing**
- You will conduct analyses of jobs, salaries, and incentives to evaluate internal equity, external competitiveness, and legal compliance of the organization's pay practices.
- Make recommendations regarding salary grades or market rates for specific jobs.
- Assist in the development of incentive programs and the administration of performance review or merit-rating programs.
- Review salary increases for compliance with organization policy and budget.
- Assists in the implementation and delivery of various Compensation and HR projects including performance management, monthly reporting, etc.
- Assists in implementing and administering compensation and incentive programs across the organization and participates in salary surveys to maintain current competitive data, summarizing analysis results.
- Assists in managing job documentation related databases and tables for job codes and job descriptions including the preparation and analysis of reports to ensure equity and competitiveness of all jobs.
- Creates job descriptions and maintains job description database. Researches, collects and analyzes data to determine appropriate grade level and title for proposed new jobs and re-evaluations of current jobs.
- Assists in market analyses to identify competitive practices and trends in specific geographic areas where FIS has significant presence.
- May provide support to HRIS (Human Resources Information System) team in compilation, analysis and delivery of reports.

**What you bring**:

- 1-4yrs of experience in C&B and Fair knowledge of India compensation market and labor laws. Experience in global compensation will be an added advantage
- Excellent knowledge in providing analysis on base salary, short and long-term incentives, reward and recognition programs, benchmarking and survey analysis, job evaluation and job pricing
- Conducted analyses of jobs, salaries, and incentives to evaluate internal equity, external competitiveness, and legal compliance of the organization's pay practices
- Solid Excel skills required; prefer the ability to perform V-lookups, create pivot tables and databases, formulate cells within spreadsheets, etc.
- Attention to detail, analytical/reasoning, interpersonal, organizational and problem-solving skills

**Added Bonus if you have**
- Basic knowledge of HR policies and procedures as well as Country and state laws regarding employment practices
- Basic knowledge of HRIS systems, preferably Workday.

**What we offer you**
- A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities
- A broad range of professional education and personal development possibilities - FIS is your final career step
- A competitive salary and benefits
- A variety of career development tools, resources and opportunities

**Privacy Statement**

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

**Sourcing Model**

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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