Manager - Compensation & Benefits - IT/ITeS

Role Tittle : Manager - C&B

Reporting to : CHRO

Direct Reportees : 1

Education : MBA in HR/ Specialization in C&B

Location : Mumbai

Experience : 2 to 4 years from IT, ITeS

Job Role :

- Formulate compensation policies and strategies for the organization

- Work on the Annual Total Remuneration Review Exercise and partner with all stakeholders to prepare and recommend improvements

- Organize and manage regular compensation surveys/ bench-marking exercises to remain market competitive with respect to talent

- Work within guidelines to conduct and monitor budgeting exercise that include direct costs and other employee related indirect costs

- Support the increment cycle for the organization

- Plan, design & manage Job rates across states for frontline associates

- Drive implementation of Reward and Recognition programs

- Facilitate the process of development and implementation of variable/ incentive pay plans

- Implement and manage the Long Term Incentive Plan

- Monitor and evaluate effectiveness and compliance of compensation programs across the organization

- Prepare periodic MIS and analytics

- Provide regular salary fitment metrics to the recruitment team and provide guidance to ensure correct compensation fitment

- Support expatriate compensation management - including salary equalization, special allowances etc.

- Understand Job Evaluation Methodologies and evaluate jobs to arrive at correct level fitment