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10/02 Brahmleen Kaur
Senior Partner at Bull's Eye Consulting Partners

Views:2726 Applications:39 Rec. Actions:Recruiter Actions:33

Lead - Compensation & Benefits - Media (10-18 yrs)

Mumbai Job Code: 304938

- Be Responsible for building the strategy for compensation & benefits

- Overall planning of compensation - Budgeting or forecasting program manage compensation planning for Compensation in India and ensuring inputs to relevant finance teams to build rate cards

- Designs pieces of complex compensation programs resulting in significant and long term changes to the company's compensation offerings and policies ensuring optimal budget utilization.

- Planning the IT implementation of compesation & benefits, SAP alignment

- Oversees the implementation of specific components of complex and large scale compensation initiatives ensuring appropriate local implementation in the context of group guidelines.

- Designs and develops training education and communication materials for the implementation of compensation programs.

- Drives resolution of compensation issues and independently makes recommendation for optimal solution in situations where issue is complex.

- Drive refinement of the Market Intelligence processes and deliverables to ensure client expectations and deliverables are met on time and with quality

- Accountable for market data collection analysis and target development. Ensure market data analysis and recommendations are aligned with the compensation and benefits or pension strategy and direction

- Analyze performance metrics. Provide specialty reporting and data analysis as required. Identify trends potential areas of non-compliance with legal requirements and opportunities for performance improvements within the function

Education: MBA / PG in HR

Knowledge or Skills Requirements:

- Knowledge of compensation design and implementation .e.g. base pay variable pay benefits perquisites etc.

- Knowledge of country labor laws impacting rewards.

- High order of analytical ability and comfort with numbers

- Ability to effectively interface with multiple geographies and cultures

- Issue Resolution and Escalation

- Excellent MS Excel skills

- Tactical and strategic

- Responsible for ensuring compensation strategy is in line with the business needs and market realities

- Deal with expectations of critical business stakeholders i.e. with biz leads capability leads global recruiting third party vendors to ensure efficiency and effectiveness in HR support service delivery

Other considerations:

- Must be hard-core compensation & benefits person

- Must be currently in the similar role

- Only Mumbai/Navi Mumbai candidates are preferred

- Experience in media industry will be preferred

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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