Head - Compensation & Benefits - Banking/Financial Services

Candidates from Mumbai only apply.

Preferably looking candidates from Banking/Financial Services, as this is a lead role expecting at-least 9+ Years of experience in Compensation and Benefits.

Role Description:- Develop and administer all comp & ben initiatives and provide support to all businesses, ensure business growth through directing and managing business operations activities and deliver in accordance with the strategic objectives of the organisation.

- Heading Compensation and Benefits:

- Accountable for end to end Compensation and benefits, HR Operations along with managing Reporting & Analytics

- Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc)

- Demonstrated experience driving processes improvements and development of specific skills, Strong project management skills; ability to lead projects, to influence and obtain buy-in, and then drive execution and achievement of the right results

- Act as a Compensation & Benefits Leader to internal - businesses and Business Leaders

- Job mapping and Benchmarking

- Supervise and implement the organizational changes

- Coordination with appraisal process

- Providing compensation fitments and offer recommendation

- Responsible for India Annual Increments and pay-outs as per guidelines set and analyzing budget verses Actual Pay-out.

- Evaluation of C&B processes and policies to ensure they are current, competitive and in compliance with legal and local rules and regulations

- Analyse Market Data from Compensation & Benchmarking Surveys and recommendations on Compensation Structure, Salary, and Internal Parity Vs Market Competitiveness

- Preparation and presentation of functional activities to CxO & Board.

Lekhram Vishwakarma
Senior Consultant - HR (Talent Acquisition)
Skillventory