Global Compensation and Benefits Specialist

2 days ago

Hubli, Karnataka, India beBeeCompensation Full time ₹ 15,00,000 - ₹ 20,00,000
Compensation and Benefits Expert

This role involves working with the People, Organization, and Culture team to deliver high-quality compensation and benefits solutions tailored for clients.

  • Key Responsibilities:
  • Designing compensation structures, including pay ranges, pay mix, and benefits design.
  • Delivering annual pay review and bonus processes at client locations.
  • Ensuring statutory compliance and staying aware of market trends and developments.
  • Benchmarking compensation and benefits market trends and providing advisory services.
  • Job evaluation and leveling.
  • Managing annual compensation cycle budgets, execution, and management.
  • Presenting solutions and recommendations to clients and internal teams in a structured and articulate manner.
  • Conducting due diligence for renewals and trends analysis for employee wellness programs at client locations.
  • Coordinating with HR operations to implement programs in consultation with HR business partners.
  • Liaising with benefits vendors and working with other functions such as HR operations and finance to execute benefits programs at client locations.
Requirements
  • Minimum 3 years of experience in a compensation role, preferably with a mix of consulting and field experience.
  • Understanding of total rewards design principles and their application, along with associated business acumen.
  • Familiarity with one or more leading job evaluation frameworks.
  • Experience in conducting annual compensation cycles.
  • Engaging with and onboarding benefits vendors.
  • High proficiency in MS Office, particularly in MS Excel.
  • Strong communication skills and ability to present complex data and insights.
Preferred Qualifications
  • Proficiency in data visualization tools such as Power BI.
  • University degree in HR, preferably with a Master's or MBA.
  • Relevant certifications from recognized professional bodies.
Competencies
  • Collaboration: Working with various teams to deliver client solutions.
  • Technical expertise: Compensation and benefits exposure as outlined above.
  • Attention to detail and analytical ability: Exhibiting attention to detail and ability to analyze information for deriving key insights efficiently and accurately.
  • Problem-solving: Identifying problems and using logic, judgment, and data to evaluate alternatives and recommend solutions.
  • Communication: Delivering clear, effective communication and taking responsibility for understanding others.
  • Self-confidence: Confidently conveying knowledge and know-how to others.
  • Ability to improvise: Adapting to changing organizational needs and implementing multiple solutions.
  • Listening skills: Carefully listening to client needs to implement solutions that address their specific requirements.
  • Trustworthiness: Developing strong relationships with clients based on integrity and trust.
  • Ethical standards and confidentiality: Acting with honesty and maintaining confidentiality of client and company data.

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