Lava International - Deputy Manager - Compensation & Benefits

Strategic activities :

- Articulating the financial implications of compensation decisions viz. annual budget finalization and prospective plans.

Compensation :

- Design Salary Ranges based on Lava's Compensation market positioning for all unique jobs and publish quarterly compensation pay range dashboards

- Creating a Compensation & Benefits Toolkit for all People Managers so as to educate them on Lava's C&B Philosophy and processes (i.e. How to set salary of a new hire; how to give merit increase, market correction, promotional increase etc.)

- To work in sync with the TA team to ensure that the new hires compensation is aligned internally and externally

- To participate in various compensation and benefit surveys

- Manage and maintain compensation data for the entire employee base

Benefits Policy Formulation & Administration :

- Analyze the Demographic Profile of Employees in various businesses

- Design innovative benefit programs for different employee segments

- Track perceived Value of Benefits by users and impact through an annual benefits survey and propose recommendations

- Designing the employee wellness calendar

- Responsible for executing the employee wellness activities in close coordination with the external stakeholders like TPA, hospitals, diagnostic centers etc. and internal stakeholders like HR and admin team.

- Engaged in active communication of the various employee benefits to the employees in the form of medical newsletters, contests, etc.

Special projects :

- Any project being undertaken by C&B team

Desired Attributes :

- Ease of working with internal and external stakeholders

- Good in written and verbal communication

- Good in Microsoft Excel and meticulous in data validation and accuracy

- Good in analytical thinking, problem solving and decision making