Head - Compensation & Benefits - Infrastructure - IIM/XLRI/TISS/SCMHRD

Candidates with 6-10 years experience in C & B process from premier business schools can apply for this position.

- Extend implementation for the C&B Process

- Responsible for budgeting,designing and implementing the all compensation and benefits related programs.

- Provide necessary technical / process guidance and support to the business HR team / circle HR Team and Functional Managers for implementation of the performance management system

- Facilitate resolution of technical snags in the system

- Solicit regular feedback from users / implementation champions across circles to capture requirements for modifying the automated system (user interfaces/system features/design of forms/workflow/ease of navigation/reports etc)

- Work along with IT / System team for making appropriate changes in the automated system

- Ensure system / workflow training of implementation champions across locations

- Ensure design of PMS tool kit in terms of step-by-step user guides, appraisal guidelines, Do's and Don'ts for conducting feedback meetings, competency framework assessment guidelines etc.

- Ensure documentation of PMS related processes and policies

- Manage annual merit increases for all employees, as per AOP and increments grid designed in line with market positioning and AOP for both on-roll and off-roll employees

- Ensure timely release of increment and PLI letters to business, post corporate approvals.

- Design and Deployment of Total Rewards

- Ensure that the compensation/benefits practices are consistent with the defined corporate guidelines.

- Define compensation-linked strategies and policies to attract and retain talent and create a culture of high performance.

- Create and implement frameworks for differentiated benefits and rewards policy for retention of high performers.

- Conduct compensation survey to gauge market trends and redefine our salary ranges and compensation guidelines to ensure competitiveness.

- Ensure ESOP policy administration and review; ensure timely release of grant letters.

- Oversee and monitor the execution of all compensation policies to ensure understanding and adherence by HO and circle teams.

- Ensure timely up-dation of changes in compensation policies and ensure communication to all concerned.

- Maintain documented job descriptions and job evaluations and drive related decisions for job banding / grading framework and career decisions.

- Design Rewards & Recognition programs at National / Circle level.

- Conduct external bench marking for various aspects of HR to ensure industry best practices are considered while designing new initiatives