Compensation & Benefits Role - FMCG

Looking out for incumbent who has experience of handling end to end comp & Ben portfolio.

Individual Contributor role,

MAIN PURPOSE OF JOB: The incumbent will be responsible for leading the various projects under the C&B domain such as compensation benchmarking surveys, annual increment cycles, performance bonuses, sales incentives, etc.

KEY ACCOUNTABILITIES

- Compensation Philosophy - Define a fair, equitable and competitive total compensation package that fits and is aligned to our company's strategy and business goals.

- Ensure that compensation practices are in compliance with current legislation.

- Annual Compensation Review Cycle - Program manage the Annual Compensation Review cycle to ensure complete budget management and timeline adherence

- Drive pay for performance through targeted variable pay programs including but not limited to Sales Incentive Plan, Annual Bonus Plans, LTI and STI.

COMPETENCIES KNOWLEDGE AND EXPERIENCE SKILLS

- Experience in HR with a specialization in Compensation

- Exposure in benefits management preferred

- Experience in designing and implementing diagnostic solutions is preferred.

- Ability to thrive in a fast paced environment and to navigate leaders through a variety of organizational changes.

- Excellent people skills and strong decision making skills.

QUALIFICATIONS - MBA from Tier 1 & 2 colleges