Biological E - HR Role - Compensation & Benefits

HR - Compensation & Benefits

BRIEF DESCRIPTION OF ROLES & RESPONSIBILITIES : Would be responsible to oversee various Compensation & Benefits and related activities for BE.

DEMOGRAPHICS & SCOPE OF ROLE : This role will be basing out of Hyderabad.

KEY RESULT AREAS & EXPECTED OUTCOMES :

- Driving and running annual appraisal cycle (Analyse market trends, propose budgets, analyse compensation inputs, compute salary break-up, provide payroll input, compute arrears, generate appraisal letters, upload appraisal letters on the employee portal, release communication to stakeholders and employees)

- Determination & implementation of Performance Linked Variable Pay.

- Supporting for various Leadership fitments, offer releases, On-boarding, Exit Management and Payroll Inputs including LTA processing.

- SPOC for addressing employee queries on compensation & benefits

- In-charge of data maintenance and regular implementation of Long Term Incentive Plans

- Ad-Hoc data analysis based on requirement

- Supporting Talent Acquisition team in pay structure, fitment decisions on grade and compensation during offer releases

- Support in annual manpower planning & consolidation

- Be the SPOC for annual compensation benchmarking exercise

- Implementation of Flexible Compensation Plan for eligible employees annually

- Act as liaison with Finance & IT in handling compensation matters and relevant tools

- Coordinate and manage compensation and payroll year-end audit requests

- Assist Business HRs for pro-active and re-active retention proposals

- Validation of Medical Insurance Premium deductions

- Knowledge in various data analysis

- Draft Communication mailers for introducing benefits, change in compensation guidelines etc.

- Prepare Confirmation Letters

Desired Candidate Profile :

- Should have good understanding of various HR activities like PMS, TM, Employee Engagement and OD initiative.

- MBA/PGDM from reputed institute is preferred