24/08 HR
Principal Account Lead at Randstad India

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Analyst - Compensation & Benefits - Manufacturing (5-10 yrs)

Bangalore Job Code: 842844

Looking for Compensation Benefits Analyst role in Bangalore for a leading Global Manufacturing company.

Responsibilities :

- To work on designing compensation and benefit policies, plans, Incentive structures and tools to support the organizational capability related to the management and development of people

- Partner with other HR team members Globally and functional areas to investigate and resolve escalated employee issues

- Drive annual processes such as, compensation reviews, reporting requests, and benefit enrolment cycles

- Ensures compliance with regulations and company policies in compensation decisions

- Prepares reports and analysis of compensation data. Partners with HR Business Partners and Management to review findings and recommendations

- Assists in the development, maintenance, and administration of pay programs including salary structure changes, annual salary increase programs, annual and long-term bonus plans, etc

- Performs market pricing analyses. Evaluates job worth using standard job evaluation techniques; determines placement in pay ranges

- Support effective and timely communications to employees

- Maintain records and plan documents necessary for administration

- Manage the data processes required by internal and external sources, including resolving data errors and partnering with HRIS as needed

- Assist with compliance regarding internal & external audit requirements and corporate policies

- Partner with HRIS to maintain systems related to compensation and benefits administration

- Assist In the development of training and communication materials

- General knowledge of HR practices, labour and pay laws, and regulations- MBA/ related master's degree in full time/regular course from a recognised university and institute is must.

Education and Experience :

- MBA/ related master's degree in full time/regular course from a recognised university and institute is must.

- 5+ years of global compensation and benefits administration, professional analytical experience is must

- Should have experience in handling compensation & benefits of US, UK, France, Middle East, SEA and India

- Must have advanced Microsoft Excel skills

- Strong analytical background with an ability to work in a fast-paced work environment

- General knowledge of HR practices, labour and pay laws, and regulations

Women-friendly workplace:

Maternity and Paternity Benefits

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