Head - Compensation & Benefit - BFSI

You will work closely with HRBP's to drive the compensation and benefits agenda for India and will be directly responsible for:

- External benchmarking of the organization's pay across the industry and geography

- Job evaluation, analysis of market data and market reference ranges

- Manage/coordinate the use of web-based tools used for salary review and incentive process management;

- Auditing and reporting using HRIS tools (People soft) and support outcome delivery through communications, workshops and training

- Manage and maintain the classification of roles as well as the regional incentive listing, and provide all data required

- Ensure all relevant market data guidance in support of the annual merit increase cycle

- Develop and maintain salary ranges across all levels Pan India

- Review and propose changes to compensation packages and components bonuses in line with market

- Participate in third party compensation & benefits surveys as needed

- Maintain data on company benefits across India and benchmark externally to ensuring competitiveness

- Should have robust understanding of designing and structuring Incentive plans, bonuses, budgeting, pay ranges etc.