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05/12 Rakhi Soneji
Manager HR at JSW Steel

Views:4193 Applications:100 Rec. Actions:Recruiter Actions:17

JSW Steel - Head - Compensation & Benefits (16-20 yrs)

Mumbai Job Code: 400578

Division Human Resources

Location Bandra Kurla Complex, Mumbai

Reports to Group President - Human Resources


The incumbent shall be primarily responsible for designing, overseeing and implementing Compensation and Benefits programs.

The role holder shall also monitor salary structures, ESOP structure & payments, annual & performance linked rewards, balance staffing needs with cost controls and ensure that policies, procedures and programs are in alignment with the organization's overall strategic objectives and HR vision.

Organization Chart

Position reports to : Group President - Human Resources

Positions peer with : Other functional & business HR heads

Positions reporting : C&B team

Critical Tasks

- Design and lead the India & Global Compensation and Benefits policies and practices

- Monitor and design salary structure and benefits provision to ensure a balance between control of costs and attracting and retaining the right talent;

- Research and analyze salary trends and benefits offered by other employers in the comparator basket;

- Undertake Job Evaluations to ensure that correctly align roles/ jobs to their righteous levels and rightfully justify the variation in salary between those doing different jobs within the organization;

- Coordinate compensation processes - salary planning, annual variable & performance pay planning, ESOPs and various incentive scheme development

- Design, develop and implement new benefit packages - ensure competitiveness and relevance of salary structures in line with legal and statutory requirements;

- Lead various HR Projects/ Interventions

- Train and act as an internal consultant to HR Business Partners and Line Managers on matters related to Job Evaluation and Compensation and Benefits

- Lead the HR Budget process and ensure the same is in sync with Business prerogatives and Plan

- Lead the delivery of various HR reports required for Function, Business and Region (APAC/ Global) on a timely basis

- Lead and drive the overall HR IT agenda of Business in close coordination with IT and Business Leaders - drive the HR IT imperatives through Manager - IT Business Process Solution

- Effective and timely management of all Employee HRMIS, Payroll and C&B related processes

Educational Background and Work Experience

Educational Background: Post graduate degree in Human Resources

Work Experience:

- Having 18 - 20 years of experience in HR and Compensation and Benefits, having led the function in a large corporate set up.

- Excellent written and verbal communication skills and effective interpersonal skills with ability to connect with colleagues at different levels

- Adaptability to multi-cultural team environment as the incumbent will interact and engage with senior colleagues and stake-holders across the globe

- Should have worked in a matrix organization

Industry: Any


Business perspective / acumen

- Demonstrates awareness of changing industry, business trends, market and competitive conditions

- Displays cost and financial awareness

Relationship building / Interpersonal skill

- Is assertive, can assert him/her at the same time keeps the relationship on track

- Resolves conflicts effectively

- Initiate and build relationship with all stake holders

Problem solving

- Involves concerned people in decision making process when required

- Anticipates likely implications of decisions on stakeholders and deals with those effectively

- Displays sense of conviction and stands by his / her decisions if it is in the organizational interests

Team work and team building

- Places success of the team ahead of his individual gains

- Proactively helps & supports his / her team members

- Collaborates across levels, functions and businesses in JSW

Functional expertise

- Has in depth functional knowledge

- Displays knowledge of related functional / technical / cross functional areas

- Keeps himself / herself abreast of development in his / her functional area

- Applies his / her functional knowledge to improve business results

Execution excellence

- Plans and prioritizes work in line with business goals

- Makes course correction & operational adjustments in the light of changing situations

Leading change

- Welcome - change- and believes that change is necessary for survival and growth

- Can quickly comprehend the need for change

- Implement the - change- in a systematic and planned manner

- Keeps people informed about the change process and enlist their support on a sustained basis

Creativity & innovation

- Challenges established methods and continuously looks for ways to improve upon

- Thinks out of box & comes out with new ideas

- Perseveres to implement new ideas to improve processes and products

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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