Responsibilities:
- Ensure that compensation practices are in compliance with current Labor laws.
- Participate in salary and labour market surveys to determine prevailing pay rates and benefits.
- Making recommendations on changes to pension and insurance schemes
- Developing and implementing new benefit packages, ensuring that these are current and competitive and in line with legal requirements.
- Developing and maintaining personnel record systems in accordance with current Labor Laws.
- Quantitative Computations During Appraisal cycle.
- Increment calculations & Promotion data Validation during appraisal cycle.
- Payroll Processing & management
- Calculation of Variable Pay Data Company Wide
- Company wide Talent Analytics
- Preparation and circulation of various Employee related dashboards for relevant stakeholders
- Custodian of all Employee Data
- Oversee Employee Benefits including ESIC
- Liaison with Finance & Accounts Team for all cost data flow
- Manage HR Operations Team centrally as well as across regions (All Employee Life-cycle activities from On-boarding to Exit)
Skills Required:
- Proven working experience as a compensation and benefits specialist
- Prior experience in HR practices and compensation cycle management
- Adequate knowledge of current labor laws and regulations
- Familiarity with various types of incentives and benefits
- Experience in handling high Headcount
- Excellent interpersonal skills and the ability to communicate at all levels
- Excellent computer skills including Word, Excel and PowerPoint
- Ability to prioritize work, Multi-tasking and manage time effectively
- Excellent written and oral communication skills
- Aggressive & Self Starter
- Strong analytical skills
- Networking and Influencing skills
- Strong Negotiation skills
- Strong Time Management skills
- Self-management skills
- Ability to work under pressure and tough deadlines
- Team Player
Preferred Education Background:
CA/ CFA/ MBA/ M Tech
Job Location:
BKC, Mumbai
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