Compensation Benefits Specialist

2 weeks ago


bangalore, India Gallagher Full time

Job description:This role will be Responsible for supporting in managing overall Employee Compensation & Benefits and Total Rewards for GCOEPlay critical role in Designing and Developing C&B Policies and Compensation StructuresImplement Comp & Ben processes which support and align with the business's needs and strategyBasic knowledge India Compliances in C&B – such as PF, Gratuity, Statutory Bonus, CTC structures, InsurancesThis role will be Responsible for supporting in managing overall Employee Compensation & Benefits and Total Rewards.Conduct C&B audits and implement necessary controls to fix the gapsManage C&B processes like Budgeting, Salary Increment Planning, Bonus Planning, New Benefits introductionAnalyze Compensation Report against Market Trends and proposes necessary recommendationExecute Salary Surveys and Compensation Benchmarking processResponsible in ensuring that the compensation practices are in compliance with current legislationDeal with internal & external team members and stake holders, Provide analysis and reports to the stakeholders on compensation and benefits programs as requiredSkillset:Growth Mindset.Ownership, passion and commitmentDesign Thinking AbilityProblem Solving AbilityGood written & Verbal communication skillsProficient in Advanced Excel (V-look-ups, H-Lookups, Multiple If formulas, PivotsStrong Data Analytical SkillsAbility to work under tight Timelines and should be a Team PlayerShould be able to effectively liaise with Management and Senior Stake HoldersAbility to articulate and communicate with clarity and structureAbility to collaborate with people across functionsAbility to ideate and think out of boxBasic knowledge India Compliances in C&B – such as PF, Gratuity, Statutory Bonus,Ability to understand Business and Market ContextTechnology Savvy



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