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JOB PURPOSE:
This job requires a dynamic individual who understands the holistic view of the Total Rewards function and with customer-centricity, thus help ensure appropriate data management, analytics and initiatives.
PRINCIPAL ACCOUNTABILITIES:
Compensation & Benefits:
- Design, review, and implement compensation structures across job levels and business units.
- Preferably knowledge of compensation plans for India & Expat employees.
- Manage salary benchmarking exercises using market data and industry surveys (Aon, Mercer).
- Pay parity administration (internal & external parity checks), defining pay ranges.
- Supporting annual Performance Management & promotion process for the organization.
- Performance Incentive administration inclusive of design and retention plans.
- Analyze compensation trends and provide strategic insights/recommendations.
- Manage employee benefits and reimbursements (leave policy, etc.
- Policy Formulation & Governance - draft, review and implement HR policies.
- Review and update practices in line with market best practices and organizational needs.
- Annual Budgeting inclusive of cost impact analysis.
- HR Technology/Systems & Reporting
- Operate and maintain employee data in HCM systems (knowledge of systems e.
- PeopleStrong, Darwinbox, etc).
- Monthly reports, dashboards.
- HR analytics for C&B.
- Lead Internal Audits - spoc for HR & Admin - internal, statutory and compliance related.
- Vendor coordination and managing invoice clearances.
Payroll Management :
- Oversee monthly payroll processing (payroll is outsourced), ensuring accuracy and compliance with statutory laws (PF, ESIC, PT, TDS, Bonus, Gratuity, etc.
- Review payroll inputs, reconciliations and validations such as new joiners, exits, leaves, attendance, and deductions.
- Ensure payroll accuracy.
- Support with salary reports, payslips, Form 16, and other payroll documentation.
- Stay updated on tax norms, labor laws and ensure proactive compliance.
- General C&B related
- Creating and maintaining employee personal files.
- Query handling on C&B inclusive of payroll related.
- Managing employee self service portal & e-ticketing system.
- Drive automation and process improvements for process efficiency.
JOB SPECIFICATION: Education qualification and certifications (Indicate the level of education and certifications required)
- PGDBM/PGDM/MBA in HR.
- Min of 8-10 years of experience relevant experience in Compensation & Benefits, including overseeing payroll with knowledge of payroll systems and statutory requirements in India.
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