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16/11 Bhumika
Managing Partner at Kairos Consulting India

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Manager - Compensation & Benefits - BFSI (2-5 yrs)

Mumbai Job Code: 276740

Company: BFSI

Role: Manager - Compensation & Benefits

Location: Mumbai

Requirements: MBA HR from Tier 1/2 institute with 2-5 years of experience. Relevant C&B experience would be an added advantage

Key responsibilities will include:

- Market Research on existing practices and changes incorporated in the industry as well as other sectors

- Compensation Strategy formulation

- Compensation Surveys and Benchmark Exercise

- Salary & Grade Fitments standard matrix design and individual fitments at senior levels

- Periodically reviewing & revising benefits plans from a compensation / cost perspective

- Compensation Harmonisation & Grade Integration (Mergers & Acquisitions)

- Manpower Cost Budgeting

- Promotion, Increment & Bonus Costing

- Formulating Employee Stock Option Plans

- Overseas Compensation Formulate policy for each country/region and oversee the policy implementation

- Compensation & Benefits Consultation for group companies

- Reporting compensation data to the Board of directors and regulators

- Handling employee queries on compensation and benefits

Skills Required :

- Functional knowledge of Compensation and benefits design and administration

- Good communication skills & ability to engage effectively with stakeholders across levels

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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