Senior Manager

Role: Manager/Senior Manager Compensation & Benefits

Location: Corporate Office, Prabhadevi, Mumbai

Reports to: Lead Compensation & Benefits

Team Size: IC

About VIP:

Established in 1968, VIP is amongst the worlds leading manufacturers and retailers of luggage, backpacks and handbags. With a legacy built over the years, we take pride in launching market-leading brands, including our flagship brand 'VIP', which has become synonymous with the luggage category in India. Our brands reflect our commitment to understanding consumer preferences and driving quality and innovation that meets their expectations. Our operational success is attributed to our stellar brand portfolio, state-of-the-art manufacturing plants in India and Bangladesh, and a robust distribution network that ensures easy accessibility to our products.

Through our diverse portfolio of brands, we cater to a wide range of consumers with varying needs and preferences. Whether it's the stylish and youthful offerings of Skybags or the premium and sophisticated designs of Carlton, range of chic and fashionable handbags designed for the modern woman, the high-quality, and highly functional flagship brand of VIP Industries to durable and practical luggage solutions at an affordable price point by Aristocrat. We have a solution for every traveller be it everyday travel, business trips, or outdoor adventures.

VIP Industries Limited is an equal opportunity employer. We value talent and believe everyone deserves the opportunity to succeed. We value the diversity of our workforce and the unique perspectives that each one of us brings, and are committed to creating an inclusive environment for all. We do not tolerate any form of discrimination on the basis of nationality, race, colour, religion, caste, gender identity or expression, sexual orientation, disability, age, or marital status and allow for equal opportunities for all our team members.

Qualifications/ Experience:

• Graduate or MBA specialized in HR

• 5-9 years of experience in C&B, automation of tools, payroll management across business functions

Role & Responsibilities:

• Compensation benchmarking with Aon, Mercer and market data mapping for all roles across the organization.
• Incumbent will be responsible for benefits benchmarking and end to end management of employee benefits to create a strong Employer Value Proposition
• Identify opportunities for introducing new approaches, improvement and automation in the field of C&B framework viz. payroll and manage implementation
• Introducing LTIP plans, incentive schemes for functions / departments in the organization
• Offer fitment design & execution for all functions
  • Ensure salaries and benefits comply with the current legislation
• Exposure in HR Compliances
  • Conducting audits on a regular basis and preparing reports
  • Monitor the internal pay ranges, undertake competitive analysis and market trends to provide expert guidance on salary movements, appropriate compensation and grade fitment of new hires and internal movements across all business units/functions of the organization
  • Structure compensation in ways that will yield the highest value for the organization
  • Liasoning with internal and external stakeholders.
• Hands on working on HR System Application

Preferred Candidate Profile/ Competencies:

• Excellent operational or SME experience in the payroll and C&B domain with a proven track record in actively being a part of implementing improvements and automation
• Ability to work in a high volume, fast paced, matrixed environment
• Effective Communication & Interpersonal skills
• Excellent Analytical Skills
• Well-versed with Labour Legislation
  • Process improvement mindset, understanding of key operational processes.
• Strong relationship skills, and Ability to collaborate with stakeholders for effective problem resolution and change management.
• Team player who quickly builds trust and collaborative working relationships with managers and employees
  • Marked ability to influence policy development and relate work to wider operational needs of the business.