Assistant Manager - Compensation & Benefits - IT/Telecom

- The position in discussion is with the Total Rewards team . The team drives and supports the Rewards and Benefits Strategy and Philosophy across all entities and business units

- Support in driving various compensation programs including merit increase, pay for performance programs and compensation planning, market benchmarking etc. for diverse job profiles.

- Support in designing skill-based hiring ranges based on internal and external market inputs.

- Supporting the annual increment process, modeling the final increments, incorporating various scenarios as per budgetary requirements.

- Provide support in participating in flagship industry benchmarking surveys conducted by external vendors and maintaining a systematic database of various reports.

- Utilizing the market data for deriving valuable inputs during increment proposal stage.

- Maintaining and publishing dashboards and reporting on the compensation interventions and related ROI

- Maintain industry networks to understand market trends and gather intelligence.

- Seamless roll out of revised salaries with 100% accurate pay roll inputs, generating and issuing revised compensation letters to employees.

- Liaise with Talent Acquisition/ HR Business Partners to address Talent attraction and retention issues/adapt to new demands of the business

- Guide HR Business Partners on the compensation philosophy of the organization, salary structure, variable pay, allowances and increments

- Liase with other functions such as Finance, Payroll and Legal team for a smooth administration of existing and new Total Rewards programs.

- Extend support in all internal and external audits and manage processes to ensure there are no red flags

- Ensure compliance with existing and new Statutory Compliances.