Compensation & Benefits Specialist - Consulting Firm

Our Client, a well known brand is scouting out for a Compensation & Benefits Specialist.

Job Location : Mumbai

Job Deliverables:

- Participating in Comp and Ben surveys & Create a Robust Comp and Ben philosophy

- Analyse performance ratings, distribution curve and promotion recommendations

- Provide regular update on the rating summary pre / post performance appraisal to the Functional Heads / Partners

- Support in preparation of compensation related proposal and salary increments simulations to facilitate compensation decisions

- Execute compensation revision (increments) as well as variable incentive plans for onroll employees / retainers, including roll out of compensation review letters

- Execute compensation revision activities on system including managing related activities, managing Performance management and compensation modules

- Analyze current PMS and suggest / implement changes in PMS as and when required

- Incorporate and map salary surveys data position wise to ensure internal data is in line with market data

- Work on bonus & incentive structures / plans for all functions

- Well versed with Statutory compliance like PF, ESIC, PT, Gratuity