Biological E - Specialist - Compensation & Benefits

Compensation & Benefits - Specialist

Job / Role description :

Run end to end annual appraisal cycle (Analyze market trends, propose budgets, analyze 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

- 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

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

- Assist 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

- MBA/PG Diploma In HR

- Proficiency in MS Excel, MS Word and MS PowerPoint