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Senior Manager - HR at UpMan Placements Pvt. Ltd.
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PMS & Compensation & Benefits Specialist - BFSI (6-8 yrs)
With one of the leading company into service industry
Job brief
We are looking for a PMS & Compensation and benefits specialist to oversee and administer the employees perfect rewards and smart benefits. You will assess personnel needs and draft targeted programs that will increase performance, organisational trust and satisfaction.
The goal is to attract, retain and motivate high quality employees while reducing turnover and enhancing our company's profile as best place to work.
Responsibilities
Define a fair, equitable and competitive total compensation and benefits package that fits and is aligned to our company's strategy and business goals
Develop a consistent compensation philosophy in line with work culture and organisational objectives
Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc)
Use various methods and techniques and make data based decisions on direct financial, indirect financial and non financial compensations
Assess employees needs by conducting organisational psychology surveys to find out what motivates and engages employees
Participate in salary and labour market surveys to determine prevailing pay rates and benefits
Deploy effective communication strategies and success metrics
Responsible for management of compensation and benefits, benchmarking, reviewing and updating framework, policies and guidelines for the company
- Tracking changes in compensation related legislatures in various geographies and making appropriate changes in compensation policies and structure as and when required
- Annual increment and performance bonus rollout in the company
- ESOPs and LTIP scheme management
Performance Management System
- Management of goal-setting and bi-annual performance appraisal cycle. It includes communication, training, goal-setting, normalization of ratings, feedback process etc
Komal Patel
9820470040
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