Compensation & Benefits Role - IT Engineering Division

Looking for HR for a leading conglomerate for their IT Engineering Division

Role: Comp & Ben

Experience Required : 1-5 years

Education : MBA (HR)

Location : Mumbai or Baroda

Salary : As per Industry Norms

Key Skills Required :

- Need an MBA profile for International C&B Team for the client

-Minimum 1 year of experience in Comp & Ben

Profile:

- Prepare the compensation and benefits budget, including the regular monitoring, reporting and adjusting of the budget

- Coordinate C&B processes like the salary planning, bonus planning, new benefits introduction, etc.

- Design and develops compensation policies

- Analyze different components of the remuneration scheme in the organization and prepare reports about the internal equity and external competitiveness

- Design and develop different schemes of the variable remuneration

- Closely cooperate and manage the relationship with the external compensation consulting company

- Lead and manage compensation projects for the entire organization

- Participate as the team member in the strategic projects and initiatives

- Design policies to close gaps in the compensation of employees (introducing the internal equity at affordable costs)

- Trains line managers in the complex usage of different HR and Compensation policies

- Advice top managers in taking difficult decisions in the area of compensation, benefits and motivation of employees