HR Manager - Compensation & Benefits - FMCG/IT

Purpose

Responsible for directing the strategic planning, design, implementation, maintenance, regulatory compliance, communication, and administration of compensation and benefit programs across all functions in consistent form.

Key Responsibilities

Responsibilities

As a HR Manager (Compensation), you would be expected to:

- Monitor compensation and benefits expenditure budgets and plan, develop and evaluate compensation and benefits programs

- Develop pay systems that are industry competitive and enable management to focus on rewarding individual and group performance

- Conduct job analysis to determine appropriate market pricing; review and approve salary increases and advise management on compensation actions for employees

- Coordinate with other HR managers and engage them in the compensation and benefits programs; job evaluation, salary, benefits and incentive programs

- Monitor and evaluate the company's benefits programs, including insurance programs, retirement plans, sick leave, time off, and vacation policies

- Work with accounting, legal, and tax departments to ensure accurate financial reporting, compliance with all tax laws

Knowledge, Skills, Abilities required to successfully perform this job:

- 5 years of professional human resources experience

- 2+ year experience in managing, planning and implementing compensation, benefits

- Bachelor's and /or Master's degree in human resource or related area

- Critical thinking to identify problems, evaluate alternatives, and recommend effective solutions

- Effectively communicating, both orally and written.

- Knowledge of principles, tools, and techniques of project management

- Skill in writing concise, logical, analytical reports and notes to justify compensation and benefits recommendations and decisions

- Knowledge of HR practices and principles

Salary offered: 20 - 25 LPA