Specialist, Total Rewards, India

1 day ago

Bangalore, India ReSource Pro Full time

Purpose of the Position The Specialist is meant for someone who is an excellent multi-tasker and had projects handling experience. We are looking for a high-energy individual who is expert in creating and analyzing reports and presenting the critical information in a professional manner. Principal Responsibilities Compensation and Benefit System Management Assist in the design, development, and implementation of total rewards programs, including compensation structures, incentive plans, and benefits packages Conduct market research and analysis to ensure the organization's total rewards offerings remain competitive and aligned with industry standards Collaborate with cross-functional teams to support the execution of total rewards initiatives and projects Administer employee compensation and benefits programs, including processing payroll, managing employee inquiries, and ensuring compliance with relevant regulations. Support the annual performance review process by providing data analysis and recommendations for merit increases and bonus payouts Prepare reports and presentations on total rewards metrics, trends, and program effectiveness for senior leadership Assist in the communication and education of total rewards programs to employees, including conducting training sessions and developing informational materials Stay informed about changes in legislation and market trends that may impact total rewards programs, and make recommendations for adjustments as needed Handle ad-hoc projects and assignments related to total rewards as assigned by the Total Rewards Manager MIS & Reports Keep track of metrics on a weekly/monthly basis for reporting to the management Create dashboards using Excel, trend analysis, and ad-hoc reports Generate and Publish BI / Excel reports (Daily/Weekly/Monthly) based on Management requirements Create Templates and reports based on requirements Extract reports from various digital Platforms, creating VBA/Macros Manage and delivery the reports with high accuracy and in a timely manner. Timely review of data maintenance and accuracy C&B Daily Operation Management Manage the daily C&B activities such as payroll process, merit increase, bonus, budget, promotion actions and benefits administration etc. to ensure compliance with C&B strategy and support company business needs and meet information security requirements. Statutory Compliance Support team with various projects & initiatives including new legislation in employment law & updating relevant ER policies and practices Review and analyze compliance data; Prepare compliance reports as needed including governmental, internal, and audit compliance reporting Support on all the internal and external audits Functional Competencies Advanced Knowledge in Excel formulas Good functional knowledge Of MS BI tool Good functional knowledge in VBA/Macros, Power Query Ability to normalize complex data Strong working knowledge of Workday Working knowledge of Statistic. (Additional Adv.) Experience of HRIS / Workday implementation (Additional Adv.) Behavioral Competencies Excellent oral and written communication skills High stakeholder management & interpersonal skills Problem-solving skills Out of the box thinking Ability to Learn new concepts

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