General Manager - Compensation & Benefits - Telecom/Retail/Pharma

About company :- The company operates in 80 countries with 428,000 employees who share the same passion for service. Company is the 18th largest employer worldwide having turnover of 18.4 Billion Euro.

Job Title: General Manager - Compensation & Benefits (Preferred female candidate)

Reports To: Head -HR /Director

Work Location: Malad (West), Mumbai, Only Mumbai candidate applied for this position

CTC :- upto 30 lacs (15 % variable), depends candidate current ctc

Mobile no:- 8107823561

Primary Job Function

- Leads the Compensation, Benefits and payroll function for India

- Partner with internal clients (HR and business leaders) to design and implement compensation, benefits and recognition programs that drive the achievement of business objectives and results.

- Recognized for expertise and analytical skills in one or more of the compensation and benefits disciplines; contributes to the development of new concepts and standards.

- Responsible for leading the administration and delivery of compensation & Benefits programs that are aimed at attracting and retaining employee talent.

Core Job Responsibilities

- Leads the roll out, communication and ongoing administration of new and existing compensation & benefits programs.

- Performs job evaluations/job leveling (slotting) utilizing traditional and/or leveling chart applications and recommends salary grades for new or revised jobs that have impact over the other entities in India.

- Provides recommendations on various pay actions (job offers, promotions, equity increases, bonus buyouts, etc) utilizing survey sources, market references, internal equity, and other data as appropriate.

- Manages special compensation and benefits projects (M&A, re-organizations, job leveling, job hierarchies, common merit dates, government audits, Abbott audits, new government-mandated changes, etc)

- Provides local support on Cross Border Transfers/Short Term Assignments and International Relocations.

- Manages Management Incentives Plan under the country/region responsibility.

- Leads the implementation, administration and communication of core compensation and benefits programs (job evaluation/leveling, market data analysis and application, merit planning & annual incentive plans, long-term incentive plans, payroll processing)

Competencies

- Cultural skills - understands business issues and cultural differences and applies that knowledge to compensation & benefits design and processes

- Ability to drive for results and achieve goals through direct/indirect influence

- Experience leading, coaching and working in a matrix work environment and partnering with BHR and Practice Center to achieve results

- Ability to manage multiple programs and projects simultaneously

- Exceptional quantitative and diagnostic problem solving skills

- Strong relationship building skills

- Ability to influence business and HR management

- Thorough understanding of compensation & benefit budgets and funding requirements