Club Mahindra - Manager - Compensation & Benefits

Key Responsibilities:

1. Compensation Framework & Performance Management

- Streamline compensation structures across levels and functions.

- Conduct market benchmarking and internal equity analysis to ensure competitiveness.

- Ensure end-to-end adherence of PMS Process.

- Support annual salary review, promotions, and incentive planning cycles.

2. Rewards System Implementation

- Lead the rollout of new total rewards systems and tools.

- Collaborate with teams to ensure smooth adoption and integration.

- Monitor effectiveness and recommend enhancements based on feedback and data.

3. Analytics & Insights

- Develop dashboards and reports to track compensation metrics and trends.

- Use data-driven insights to support decision-making and policy formulation.

- Present findings with actionable recommendations.

4. Policy Formulation

- Draft and update policies in line with business needs and legal requirements.

- Ensure policies are communicated effectively and consistently across the organization.

- Partner with legal and compliance teams to mitigate risks.

5. Benefits Administration

- Oversee administration of employee benefits including health, wellness, insurance, and retirement plans.

- Drive initiatives to enhance employee experience and engagement through benefits.

6. Recognition Programs

- Deploy recognition initiatives that reinforce company values and performance culture.

- Manage platforms and processes for peer-to-peer and leadership-driven recognition.

- Continuously improve recognition strategies.

7. Compliance & Governance

- Ensure adherence to labour laws, tax regulations, and statutory requirements.

- Stay updated on regulatory changes and assess implications for compensation and benefits.

- Support audits and reporting requirements related to rewards programs.