Compensation & Benefits Manger (7+ yrs)

Written by: MBA Jobs on Thursday, 29 March 2012
Posted in :HR & IR Jobs
View all jobs posted by: Freeda
Job Code: 51374
Location: Bangalore
 


Job Description

1. Job identification

Job Title: Compensation & Benefits Manger

Reporting to: Solid line: Sr Manager C&B

Sideways
Direct reports: Executives C&B

2. Job content

Job purpose: Design, review and implement Compensation and Benefits (C and B) policies and programs.

Participate in market survey, conduct benchmarking and analysis of C and B practices.

3. Job dimensions

- Decision making/ freedom to act

- Manage compensation exercises including salary reviews and performance management.

4. Key responsibilities & accountabilities

- Key responsibilities/ accountabilities

- Monitoring the organization’s salary structure and benefits provision to ensure a balance between control of costs and attracting and retaining staff;

- Researching and analyzing salary rates and benefits offered by other employers in the same sector;

- Undertaking job evaluations to ensure that the differences in pay between those doing different jobs within the organization are fair and are perceived to be so;

- Developing compensation models and Reward and recognition schemes relevant to Metro

- Making recommendations on changes to salary structures and Incentive schemes;

- Identifying and determining the causes of compensation related employee problems and developing recommendations for improvement;

- Developing and implementing new benefit packages, ensuring that these are current and competitive and in line with legal requirements;

- Prepare detailed job classification systems and define job levels and families, in partnership with other managers.

- Manage the design and development of tools to assist employees in benefits selection, and to guide managers through compensation decisions.

- Support in Manpower Planning and preparation of budgets for employee cost.

- Prepare manpower forecasts to project employment needs.

- Contract with vendors to provide employee services, such as food services, transportation, or relocation service.

- Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies.

- Administer, direct, and review employee benefit programs, including the integration of benefit programs.

- Design, evaluate and modify benefits policies to ensure that programs are current, competitive and in compliance with legal requirements.

- Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan.

6. Skills & experiences

Skills:
- Analytical with strong numerical skills

- Excellent communication skills

- Excellent problem solving capabilities

Experience:
- Degree with at least 5 years of relevant experience in Compensation and Benefits

6. Personal qualities

Seniority, age:
- Must be a mature, dedicated, proven leader with proactive communication and team-building skills

Personality type:
- Able to thrive in a fast-paced and dynamic environment

Leadership style:
- Strong leadership and people management skills

Please send your resume to freeda@anlagehro.com

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