Compensation and Benefits Professional

2 weeks ago

kochi, India beBeeBenefits Full time

Compensation and Benefits ProfessionalJob OverviewDevelop and oversee the organization's compensation and benefits strategy to ensure market competitiveness and compliance with regulations.Develop and oversee compensation structures, salary benchmarks, and job grading systems.Design and implement salary structures, incentive plans, and benefits programs.Ensure compliance with labor laws, tax regulations, and internal policies.Collaborate with Finance and Payroll teams for accurate pay and benefits data.Manage vendor relationships, negotiate contracts, and partner with HRIS and payroll teams to achieve business objectives.Key Responsibilities:1. Compensation Strategy DevelopmentDesign and implement a comprehensive compensation strategy that aligns with business goals and industry standards.Develop and maintain compensation structures, including salary benchmarks and job grading systems.2. Benefits Program DesignDesign and implement benefits programs that meet the needs of employees and support business objectives.Negotiate contracts with vendors and manage vendor relationships to ensure cost-effective solutions.3. Compliance and Risk ManagementEnsure compliance with labor laws, tax regulations, and internal policies to minimize risk and ensure regulatory adherence.Collaborate with Finance and Payroll teams to ensure accurate pay and benefits data.4. Business PartnershipsPartner with HRIS and payroll teams to achieve business objectives and improve operational efficiency.

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