A leading Financial service company with its IT wings in Chennai is looking for Sr.Manager-Compensation & Benefits for its operation in Chennai.

Experience: 8 to 13 yrs

Job Description:

Compensation & Benefits (Rewards & Recognition):

1) Provide strategic directions to HR Generalist & Line Managers so as to ensure that C&B programs are cost effective, competitive and equitable.

2) Participate in compensation surveys. Analyze compensation practice as compared to market, prepare reports & analysis and provide consulting advice to Business Managers

3) Keeping abreast of latest market C&B trends and pay level

4) Manage and administer year end compensation review and performance management & talent development process

5) Work HR in Corporate Compensation Plans such as Performance Bonus, Incentive Plans, Stock Options, RSA & related long term incentive programs, etc.

6) Work closely with CMB business to design & review sales incentive plans. Ensure adherence of the payout as per the approved construct

7) Effective working relationship with respective HR Heads / and Line Managers

8) Address employees’ equity & its tax related queries

9) Ensure timely and compliant with Foreign Registration & local Tax reporting

10) Engage with Regional Support to update the Global system and finalize on limits

11) Ensure timely submissions of Monthly reports & reserve utilization data to Finance team for reconciliation

12) Design and produce timely and accurate management report relating to C&B matters – Staff Cost Budget, compensation reviews & approvals etc.

13) Prepare reports and analysis of data to support the delivery of compensation & expatriate mobility activities for audits & reporting.

Candidate Details:

1) Should be a post graduate from a reputed university

2) Should have good exposure towards compensation & Benefits and Rewards & Recognition

3) Candidate with 60% of compensation & Benefits and 40 % HR Generalist role also preferred.

4) Should have excellent communication skills.

If interested, kindly apply with your updated profile to renila.n@saakiandargus.com