Role and responsibilities  - Development and implementation of the reward strategy to include: salary benchmarking, pension arrangements, benefits management and annual compensation events such as bonus and salary review  - Leads implementation and management of compensation analysis, program design, legal compliance, and other compensation issues  - Collects and distributes internal best practices. Designs recommended practices, models, and other compensation tools   - Develop strong relationship with Finance team to ensure that HR and finance are linked on key data and processes incl. accruals, cost impact of pay budgets, pyramid reporting, data integrity   - Keeps abreast of compensation trends, best practices, and new regulations through professional meetings, seminars, webinars, coursework, publications, and other sources  - Liaisons with internal departments and external vendors to develop and support tools for business compensation needs   - Collaborate and contribute to the development, design and implementation of executive compensation programs that include total rewards strategy, competitive benchmarking, annual and long-term incentive plan design, employment contract review, change-in-control agreements, overall competitive pay analysis and executive pay-for-performance alignment  - Manage all facets of the Corporation's employee stock plans to include granting, exercise, release and termination of all equity awards for executives, employees and non-employees  - Manage all equity-related communications to include development and distribution of all equity-related materials and correspondence; this includes the drafting of grant agreements and coordination with legal counsel as necessary  - Establish and implement new equity plans and programs; this includes performing analysis related to current plans and programs as well as formulating design recommendations for new plans and programs   - Prepare reports for management and the Board of Directors  - Work closely with the Executive Management; assist with the management of executive compensation tasks and projects  Required skill sets   - 10+ years of total experience with 7 years of compensation experience (preferably including some executive compensation experience) and a genuine interest in this field  - MBA with specialization in HR from Tier 1 B schools.  - Experience designing long and short term incentive programs

Bangalore

Director - Compensation & Benefits - BFSI 

Director - Compensation & Benefits - BFSI  ,Job Description for Director - Compensation & Benefits - BFSI  in Peepal Consulting in  Bangalore for (10-12) years of experience. Apply Now!

Job Description for Director - Compensation & Benefits - BFSI  in Peepal Consulting in  Bangalore for (10-12) years of experience. Apply Now!