Lead - Compensation & Benefits - FMCG/Retail/BFS

Lead Compensation and Benefits

Roles & Responsibilities :

- This role is a Compensation benefits Lead role within the Central team.

- Incumbent to this role is required handle compensation analysis and benchmarking, Incentive Scheme study and management, productivity analysis and talent management

Role & responsibilities :

- Actively work on compensation benchmarking study for various sponsored and forum based survey

- Work closely with Business HR Teams for various compensation needs for business verticals

- Analysis basis comp survey outcome internal parity and input for decision on compensation

- Incentive scheme analysis and proposal various relevant inputs for incentive scheme formation & handle incentive tracking and payout monitoring

- Defining comp ranges for the fast moving roles for hiring. Review and control the hiring ranges in the line with agreed comp ranges

- Actively work on annual compensation budgeting, simulations, planning, roll out & conclusion stage

- Handle off cycle comp reviews

- Analytics pre, during and post compensation review cycle

- Comp analysis basis internal, benchmarking data, hiring data and other market insights

- Work on various central projects cutting across the organization from HR process or product point of view

- Talent management framework implementation for the business, collaborate with Business HR Team for talent review and succession planning discussions

- Industry insights on the area of business for trends, benchmarking on various compensation related area

Desired Candidate Profile :

- MBA with specialization in HR or Masters in Statistics

- Excellent data handling capability with hands on experience in working on excel complex formulas

- System thinking

- Needs to have excellent relationship skills

- Should possess good influential skills and know how to get a job done

- Experience of at least 5 to 6 years in comp role