Head - Compensation & Benefits - Manufacturing Firm

About the Client : Our Client is a leading manufacturing MNC based in Mumbai

Roles and Responsibilities :

Reporting into the CHRO,you will be responsible for :

- Implementation of Compensation & Benefits strategy and ensure compliance with applicable statutes, legislations and market competitiveness

- Assist in development of global compensation and benefits budgets and ensure adherence to the budgets

- Lead & supervise compensation & benefits administration process and ensure that policies, procedures, and reporting practices comply with corporate governance standards and applicable legislations

- Collects and compiles HR metrics and data from a variety of sources including the human resource information system (HRIS) and payroll outputs, management and employee surveys, exit interviews, employment records, government labor statistics, competitor's practices, and other sources

- Lead the implementation and functioning of SAP System

- Manage HR Analytics covering parameters like headcount, attrition, hiring, position additions / deletions

- Lead in evaluating cost effectiveness and competitiveness of current compensation programs; Implement changes when necessary

Requirements:

- Advanced understanding of analytical methodologies

- Knowledge of different tools & techniques employed in Compensation/ Benefits design & analysis

- Knowledge of basic elements of the taxation of employee compensation and benefits and is capable of applying at basic level

- 10 + years of experience in the manufacturing space