Compensation Benefits Analyst

14 hours ago

Bengaluru, Karnataka, India ANSR Full time ₹ 12,00,000 - ₹ 35,00,000 per year

Compensation & Benefits will be required to develop, coordinate and implement effective strategies, procedures and programs related to compensation and benefits during consulting assignment for ANSR's clients. The Associate Director – Compensation & Benefits will provide inputs, guidance and support set-up and scaling of new GCCs.

Key Responsibilities

·      Work with the People, Organization and Culture team to deliver high quality, effective Compensation and Benefits solutions tailored for ANSR's clients with focus on the following areas:

o  C&B design, including pay ranges, pay structuring, pay mix, and benefits design

o  Play an integral role in delivering the annual pay review and bonus processes at ANSR clients.

o  Align with statutory compliance; be aware of market practices and developments.

o  Compensation and Benefits market benchmarking, trends, andadvisory

o  Job evaluation and levelling.

o  Annual C&B cycle budgeting, management, and execution

·      Present solutions and recommendations in a structured and articulate manner to client and/or ANSR internal teams

·      Conduct due diligence for renewals and trends for Insurance and employee wellness programs at ANSR clients.

·      Coordinate with HR operations to implement the programs in consultation with the HR business partner.

·      Liaise with Benefits Partners/ vendors and work with other functions such as HR operations and finance to execute Benefits Programs at ANSR clients.

·      Provide CoE consulting advice to established clients, design and implement specific rewards-related projects. Manage C&B Project Modules under guidance of C&B/POC leadership.

Experience and Requirements

Required Experience and Skills:

·      3
+ years of experience
in a compensation role. A mix of consulting and field C&B is preferred.

·      All-round understanding of Total Rewards design principles and their application, along with associated business acumen.

·      Familiarity with one or more of the leading Job Evaluation frameworks.

·      Experience in conducting annual compensation cycles.

·      Experience in engaging with and onboarding benefits vendors.

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