Senior Manager
1 day ago
Company Description
JSW One Platforms, a part of the renowned JSW Group, operates as an integrated technology platform aimed at advancing business transparency, trust, and convenience across India. Comprising JSW One MSME and JSW One Homes, the company offers a digital marketplace for MSMEs to access resources and expertise, and end-to-end home-building services for clients. With a strong commitment to innovation and customer satisfaction, JSW One fosters a collaborative and growth-oriented work environment. Joining JSW One means becoming part of a team dedicated to transforming India through cutting-edge solutions and services.
Role Description
The Senior Manager - Compensation and Benefits will oversee the design, development, and implementation of competitive compensation strategies and benefit programs. Responsibilities include planning and managing compensation structures, conducting job evaluations, developing remuneration policies, and ensuring compliance with applicable regulations. The role involves collaborating with stakeholders to align compensation initiatives with organizational goals. This is a full-time, on-site position located in Mumbai.
Role and Responsibility:
- Conduct compensation and benefits market research
- Directs and coordinates all employees compensation and benefits policies and programs
- Leads the development, implementation, monitoring and review of targeted compensation programs and initiatives in order to compete with changing market conditions and trends
- Ensures programs and policies deliver internal job and pay equity among employees, conducts job evaluations, recommends salary structure placement in line with local market data, and prepares cost recommendations for market-based and merit/equity adjustments
- Collaborates with the Corporate Compensation & Operations teams and the local Senior HR Business Partner on the annual merit cycle and personal compensation statements
- Oversee employee benefits programs JSW One
- Provides leadership and consultation to the HR team and management on high-impact compensation issues
- Design and refine
LTI and executive compensation programs
in line with market trends and business strategy - Advise leadership on equity and non-equity incentive plans; prepare financial models and simulations for review.
- Lead the rollout of Stocks / LTI plans, including system automation, communication, and governance.
- Manage mid-year and year-end LTI assessments, working closely with the CEOs office and Finance.
- Oversee the full lifecycle of stock-based awards, including Remuneration Committee presentations, implementation, and compliance.
- Act as the key point of contact for all stock award-related queries and employee communications.
- Handle ad-hoc data requests, project deliverables, and support ongoing process enhancements.
- Handle Total Rewards related Internal and External Audits
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