Compensation Strategist and Benefits Advisor

12 hours ago

Hyderabad Secunderabad Telangana Chennai Bengaluru Bangalore, India beBeeCompensation Full time US$ 90,000 - US$ 1,20,000
Job Description

We are seeking an experienced Compensation Strategist and Benefits Advisor to join our team. The successful candidate will be responsible for conducting market research and analysis to determine competitive compensation and benefits packages.

  • Develop effective relationships with external vendors/consultants and manage timely and cost-effective delivery of solutions and programs.
  • Partner with the Global Total Rewards team to identify appropriate surveys to ensure the best available survey library. Validate approach to global and local market matching in global database.
  • Collaborate with the Global Total Rewards team on researching, evaluating, and understanding the impact of market and economic trends and recommend adjustments to salary ranges, hiring rates, geographic differentials, salary increase budgets and individual rates, as requested.

Program Development and Implementation:

  • Assist in the design, development, and implementation of total rewards programs, including compensation structures, benefits plans, and incentive programs.

Data Management and Reporting:

  • Maintain and analyze data related to compensation and benefits, generating reports and insights to inform decision-making.

Compliance and Legal:

  • Ensure compliance with relevant laws and regulations related to compensation and benefits in various global locations.

Communication and Training:

  • Communicate total rewards programs and policies to employees, HR business partners, and management providing guidance and training as needed.
  • Proactively drive line manager, HRBP and HR Solutions education for TR topics.

Project Management:

  • May serve as project manager on specified initiatives related to total rewards.

Vendor Management:

  • Manage relationships with vendors providing compensation and benefits services.

Required Skills and Qualifications:

Bachelor's degree in Human Resources, Business Administration, Finance, or a related field is required. 7+ years of demonstrated global compensation and benefits analysis, design, and administration experience is also required.

Skills:

  • Strong analytical skills with the ability to interpret data and draw meaningful insights.
  • Excellent communication and presentation skills.
  • Expertise in Excel and analytical tools.
  • Thorough understanding of compensation and benefits principles, practices, and regulations.

Benefits:

This role offers the opportunity to work with a dynamic team and contribute to the development of innovative total rewards programs.

Others:

The ideal candidate will have experience working in emerging markets and proficiency in multiple languages.

Education:

Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.

Experience:

7+ years of demonstrated global compensation and benefits analysis, design, and administration experience.

Industry Type: Software Product

Department: Human Resources

Employment Type: Full Time, Permanent

Role Category: Compensation & Benefits

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