- Lead development of total rewards philosophy in line with overall HR strategy, and business objectives - Assist in development of global compensation and benefits & HRIS budgets and ensure adherence to the budgets - Contribute to development of global strategies and policies from compensation & HRIS considerations - Drive implementation of Compensation & Benefits strategy and ensure compliance with applicable statutes, legislations and market competitiveness - Create / re-design compensation and benefits structure and collaborate with Finance team to understand financial constraints of the organization; Ensure tax-effectiveness of compensation & benefits structure - Devise rewards plans (short term and long term incentive plans) and submit the same for consideration of the Senior Management - Engage with OD and L&D team to ensure alignment of variable pay components to individual performance as observed in PLVA cycle; Develop guidelines for increment model and ensure alignment with compensation philosophy and market positioning - Coordinate with third party specialists / consultants for annual compensation and benefits benchmarking surveys, and integrate relevant aspects into SCIL compensation to ensure competitiveness - Periodically evaluate cost effectiveness and competitiveness of current compensation programs; Implement changes when necessary, in consultation with Senior Management- Lead compensation & benefits administration process and ensure that policies, procedures, and reporting practices comply with corporate governance standards and applicable legislations - Establish governance mechanisms & process control measures to ensure accurate computation of compensation (salaries and incentives) and appropriate delivery of benefits - Establish compensation & benefits queries/ issue resolution mechanisms; Ensure timely resolution of issues and provide inputs for resolution of complex issues - Guide site HR teams on compensation and benefits related policies & processes; Partner with site HR / HR Generalists for process improvements to ensure effective delivery of compensation - Service Delivery - Ensure timely payment of salaries, accurate disbursal of benefits leading to full and final settlements and issue of appropriate documentation to employees - Plan and roll-out annual increments in consultation with Senior Management aligned to budgets, compa ratio targets, market positioning and individual performance vis- vis current pay status - Lead creation and delivery of training and information sessions on Compensation & Benefits for site HR, HR Generalists and employees; Guide development of compensation & benefits communication materials/ documents - Maintain business relationships with employee benefits providers and review performance to ensure adherence to SLAs; Take measures to improve performance - Develop key performance metrics for designated compensation processes; Measure and analyze the effectiveness of compensation programs and process delivery- Policies & Processes - Develop user friendly HRIS policies and processes in alignment with business requirements and management guidelines; Enable Human Resources to achieve performance excellence - New HRIS Projects - Collaborate with HRIS users (internal customers) to understand business requirements and ensure integration of relevant aspects into the HRIS system - Assist in the review, testing and implementation of HRIS system upgrades or patches in collaboration with IT - Ensure HR Team members are trained on new processes/functionality; Ensure the accuracy and completeness of process documentation and user instructional materials - Establish grievance redressal mechanisms and define resolution cycle times for timely and effective resolution of HRIS issues - Evaluate systems performance on periodic basis and suggest ways to improve systems performance; Monitor the status of change requests - Lead the development and monitoring of performance metrics; Lead continuous improvement initiatives by tracking and incorporating new technologies

Pune

Compensation & Benefits Lead - HRIS - Auto/Manufacturing Firm 

Job Description for Compensation & Benefits Lead - HRIS - Auto/Manufacturing Firm  in ASTC in  Pune for (8-12) years of experience. Apply Now!