Head - Compensation & Benefits - Consumer Durable

HEAD COMP & BEN - A MAJOR CONSUMER PRODUCT COMPANY

Compensation & Benefits Bench marking :

- Participating in salary surveys by extracting and reporting on wage and salary data

- Participating in Benefit surveys by extracting and reporting on Benefits Market data

Employee Benefits:

- Assisting in designing the benefit programs to be rolled out during the year

- Implementing the new benefit programs across various office locations

- Benefits Administration

- Educating employees by conducting group training sessions or individual training on employee benefit programs

- Manage Insurance Policies and Renewals

Employee Reward Programs :

- Driving employee reward programs

- Rewards Administration

- Rewards Communication

Compensation Plan :

- Comparing positions internally and externally, ensuring internal equity and external competitiveness

- Analyzing the salary structure, benefits in similar industries and suggesting improvements

HR Analytics:

- Responsible for pan India Headcount & cost analytics and reporting

- To analyze the attritions and reports

- To ensure the update of controlling, HR and PO reports on real time basis

- To update actuals reports half yearly and annually

- To support external auditors on data analysis

- Responsible for providing insight into the annual HR budgeting exercise

- Work with multiple data sets and HR tools, to gather reports and provide insight to leadership team for decision making

- Act as a point of contact with corporate teams for all HR compensation related reporting and analysis Digitization

- Lead multiple HR digital projects: understanding the requirement, configuration, testing and implementation of HR tools

Payroll :

- To ensure on time completion of monthly payroll, comply with monthly statutory compliance for all locations

- To ascertain that all documentations and process followed are as per internal controls and HR guidelines

- To calculate, prepare and execute yearly variable payout process basis KPI/training achievement

- To lead and provide governance on monthly payroll variance check and computation of right income tax

- To align with the external payroll agency for tax declarations and investment calendar

- To ensure expats and local employee tax returns filing before due date

- Department Provisioning: Prepare departmental budget (Annual) and Monthly provision as per standard template and guidelines provided