Compensation Expert
2 days ago
SPJIMR is a premier management institute located in the heart of Mumbai. We strive to create innovative solutions for our employees and clients alike.
Job SummaryWe are seeking an experienced Compensation Expert to join our team at our Mumbai location. This role will be responsible for designing and implementing compensation structures that align with our company goals and competitive practices.
Key Responsibilities- Compensation Strategy Development: Collaborate with Director HR to develop and implement compensation strategies that support the institute's objectives.
- Payroll Administration: Process monthly payroll for all employees, ensuring timely and accurate implementation aligned with institute guidelines.
- Benefits Management: Manage day-to-day administration of employee benefits programs, including health insurance, retirement plans, leave policies, and wellness initiatives.
- Compensation Data Analysis: Prepare and analyze compensation data for reviews and adjustments.
- Employee Engagement: Support HR projects related to workforce planning, employee engagement, and institutional changes.
To be successful in this role, you should have a strong background in human resources and compensation. A minimum of 5 years of progressively responsible experience in employee compensation is required. Additionally, you must have excellent analytical skills and the ability to work effectively in a fast-paced environment.
We offer a competitive salary of ₹12,00,000 per annum, based on your qualifications and experience.
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