Head - Compensation & Benefits - Financial Services

Job Opportunity for the position of "Head-Compensation & Benefits" with Top Most Financial services Company.

About Company :

Location : Mumbai

Experience : 8 - 16 Years

Function : Human Resources

Vacancy : 1

Job Description :

- The purpose of this job is to plan and analyse and recommend trends on Compensation & Benefits for the organization, managing the end-to-end process and defining compensation banding for all levels to ensure cost to skill ratio.

- The role will be responsible for driving the Performance Management system, Compensation benchmarking, Job Evaluation and the design and roll-out of Sales compensation interventions, to ensure employee satisfaction and adherence to statutory compliance and audit standards with aligned objectives to support the business goals.

Compensation:

- Assessing the organization's pay structure

- Researching compensation trends and reviewing compensation surveys

- Evaluating compensation policies

- Ensuring that the pay practices comply with state and federal laws and regulations

Benefits:

- Administering the organization's benefits programs (e.g., retirement plans, leave policies, wellness programs, insurance policies, etc.)

- Researching and analyzing benefits plans, programs, and policies

- Making recommendations based on data analyses

- Monitoring government regulations, legislation, and benefits trends

- Working with insurance brokers and benefits careers

- Managing the enrolment, renewal, and distribution processes

Working Days : 5 Days a Week ( to )

Job Nature : Full Time.

Priyanka
HR Manager