Head - Organization Design & Compensation & Benefits - Manufacturing/Food/FMCG

Head Organization Design & Comp & Benefits

Job Title : Head - Organization Design & Comp & Benefits

Location Head Office : BKC

(Direct / Matrix) Reporting to Group Head - HR & Admin.

Experience : 18+ yrs with an established organization in Manufacturing / FMCG / FOOD only

Academic & Professional Qualifications : Graduate + MBA - HR from a reputed institute

Important Competencies :

- Analytical Skills

- Customer Focus

- Systematic Problem Solving

- Planning & Execution

- Business Acumen

Key Task & Accountabilities :

- Create & monitor the organization design & evaluate the manpower requirement

- Design a group wide compensation strategy aligned with the company's long term and short term plans

- Create salaries and benefits those are complying with the current legislations and pay equity

- Performing salary reviews based on market and sector-specific benchmarking to ensure competitiveness

- Designing & Reviewing a fair and attractive incentive programs

- Building a fair and attractive compensation and benefits plans that help us improve employee satisfaction and create a productive workplace

- Creating the policies for ensuring tax saving salary structures

- Review our compensation plans with monetary and non-monetary benefits based on market research

- Devising the scheme related to profit-sharing, ESOP, Long Term incentive plans in order to retain the existing talent

- Driving reward & recognition programs across the group

- Creating various metrics & analysis pertaining salaries, benefits

- Conducting predictive analytics, data analysis and interpretation of trends to support proactive compensation planning

- Owning the centralized compensation master of all the employees across the group for maintaining the parity while offering the new candidates, salary revision etc.

- Governing all statutory compliances

- Driving Employee Insurance, other wellness & EB portfolio

- Attrition and retention analysis & suggesting measures to improve retention of key talents & high potential employees