Chief Manager/Senior Chief Manager - Compensation & Benefits Specialist - Sales Incentives - Life Insurance

We have a very urgent position in one of BEST BFSI organizations across the following location --

LOCATION - Mumbai ( Goregaon )

OFFERED CTC - negotiable ; depending upon current CTC.

POSITION - Compensation & benefits specialist

DESIGNATION - Chief Manager / Senior Chief Manager

JOB DESCRIPTION -

This position will be responsible for development, implementation, and administration of compensation and benefits programs, policies, and procedures for client in India .

- Manages common compensation functions, including survey participation, job evaluation, salary structure development, incentive plan design, and associated analysis.

- Forecast budget for salary increases. Manage Annual salary increase, Variable pay and performance management programs

- Ensures that compensation and benefits programs remain competitive and conform to current compensation strategy.

- Build robust HR Analytics framework, covering HR services, Sales Compensation, Business partnering areas for effective management decision making

- Collecting and interpreting data for ad hoc projects

- Making recommendations on policy improvisation, communicating impacts to senior management and stakeholder management

- Drive answers to analytic challenges and manage a team of analysts to solve different parts of the problem

- Managing Sales Incentive Program

- Provisioning for incentive payout basis budget

- Run simulations basis sales performance for schemes and design incentive structures

- Analysis of competition incentives schemes and incentive earnings

- Ensuring timely calculation by the team

INDUSTRY PREFERENCE - ANY INDUSTRY. Candidates with within industries such as HR Consulting / BFSI, FMCG / CD / Telecom / Retail / Pharma / Ecommerce etc, having EXPOSURE in handling C&B.

NOTE : SALES INCENTIVE EXPOSURE is mandatory. HR analytics / HR data mining will be an advantage.

NOTE : Candidates who are business partners profiles not based out of corporate & are not C&B / Rewards specialists, please excuse ! Zonal / Regional profiles without any Corporate C &B, please dont apply !

Please ignore in case you are not interested OR not applicable. However, please refer your best performing friends and colleagues (if they are relevant profiles).

Candidates who have been previously placed by TRUSTKLUB are requested to ignore such mails . As a policy TRUSTKLUB does not intend to offer any candidate from an organisation with whom we are partners . Incase you are an unintended recipient by any means, where in both our firms are in partnership, request you not to apply to this position.

HURRY!! INTERVIEWS TO HAPPEN SOON!

Write ' Compensation & benefits specialist ( with SALES INCENTIVES exposure ) ...... Mumbai ' in the subject line. Please mention your current CTC as well and your current location on the body of the mail and reason ( for candidates who want to relocate ). Our recruitment manager will give you a call after our cv shortlisting process. We will forward your CV to the client for quick processing after a mutual discussion.

TCPL