Compensation and Benefits

4 days ago

Kolkata, India Orcapod Full time

As a part of the Rewards team, the individual would be responsible for providing on-going end to end support for all activities related to the Total Reward program of the firm. The key responsibilities will include the following:

- Support in driving various compensation programs including merit increase, pay for performance programs and compensation planning, market benchmarking etc. for diverse job profiles.
- Support in designing skill-based hiring ranges based on internal and external market inputs.
- Supporting the annual increment process, modeling the final increments, incorporating various scenarios as per budgetary requirements.
- Provide support in participating in flagship industry benchmarking surveys conducted by external vendors and maintaining a systematic database of various reports.
- Utilizing the market data for deriving valuable inputs during increment proposal stage.
- Maintaining and publishing dashboards and reporting on the compensation interventions and related ROI
- Maintain industry networks to understand market trends and gather intelligence.
- Seamless roll out of revised salaries with 100% accurate pay roll inputs, generating and issuing revised compensation letters to employees.
- Liaise with Talent Acquisition/ HR Business Partners to address Talent attraction and retention issues/adapt to new demands of the business
- Guide HR Business Partners on the compensation philosophy of the organization, salary structure, variable pay, allowances and increments
- Liase with other functions such as Finance, Payroll and Legal team for a smooth administration of existing and new Total Rewards programs.
- Extend support in all internal and external audits and manage processes to ensure there are no red flags
- Ensure compliance with existing and new Statutory Compliances.

**The Individual**
- Postgraduate - Preferred in Human Resources
- Minimum 4-5 years of experience across different facets of Total Rewards covering Compensation and Benefits operations, designing rewards programs and solutions that align with unique needs of business.
- Proficiency in working with MS Excel and strong hold on analysis of data.
- Excellent verbal and written communication skills
- Experience in managing compensation through systems (SAP, Workday or in-house tools) and an understanding of automation of comp module will be an added advantage.
- Ability to collaborate and work with stakeholders across levels and teams.

Ability to work in a complex business environment
- Role:_Compensation & Benefits - Other
- Salary:_ 20,00,000 - 22,50,000 P.A.
- Industry:_BPO / Call Centre
- Functional Area:_Human Resources
- Role Category:_Compensation & Benefits
- Employment Type:_Full Time, Permanent
- Key Skills
- benefitsSAPcompensation strategycompensation planning
- salary wageshrintervention
- Skills highlighted with ‘‘ are preferred keyskills

Education
- PG:_MBA/PGDM in HR/Industrial Relations

**Company Profile**:
Orcapod Consulting Services Private Limited

**Urgent Hiring our top leading client for Assistant Manager position for Compensation and Benefit role**

**Must have excellent exposure to Core - Indian Compensation & Benefits**, comp strategy, comp interventions, salary wages etc.

Must have excellent communication skills

**Location: Delhi NCR/ Mumbai/ Bangalore/Hyderabad/Pune/Kolkata/Chennai**

Role Type: Individual Contributor

**Salary: upto 22 LPA**

Company Info
- Contact Company:_Orcapod Consulting Services Private Limited

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