At present, We are having an urgent opening for HEAD - COMPENSATION & BENEFITS for a REPUTED Co into food services and facilities management based at MUMBAI location. DEPARTMENT : Human Resources POSITION : Head - Compensation and Benefits IMMEDIATE MANAGER (N+1) : Vice President, HR AIM OF THE JOB : To provide expertise and make recommendations on compensation and benefits policies, programs, and plans to attract and retain talent for the company. DIMENSIONS - Point out the main figures / indicators to give some insight on the "volumes" managed by the position and/or the activity of the Department CONTEXT AND MAIN ISSUES : - Retaining the employee within the current compensation range - Carry out annual performance appraisal process - On time Annual Increment cycle process - Ensures processing of performance Linked Incentive accurately and timely. - Ensuring that HR data for all audits (Statutory , group, ISO, Internal Control) is given on time and are accurate. Resolve all audit queries, - Timely renewal of Leave encashment and gratuity policies - Timely processing of claims for Leave encashment and gratuity policies. - Providing data for actuarial valuation for leave encashment and gratuity. - Formulating and implementing benefits policies in aligned to the market, within the regulation - Ensuring compliances under various statutory laws for all offices. - Seamless and error free processing of payroll (Onroll and Offroll) - Support in formulating annual HR Budget - Effective implementation of various HR Projects within the organization - Carry out other activities as and when related to the compensation, benefits and statutory compliances. MAIN ASSIGNMENTS : Strategic Priorities: - Plan and design the company's rewards philosophy - Analyse and evaluate external market data, develop salary budgets and forecasts that are consistent with the Organisation strategy. - Implement rewards and benefits policy and evaluate effectiveness of the programs - Lead and Implement Job Evaluation for the organization. Implement and Manage: - Initiate participation in Compensation Benchmarking and Benefits surveys. - Lead the annual pay review and bonus disbursement process as per the annual budgets. - Ensure compensation data accuracy across HRIS Platforms. - Manage Executive compensation, Expatriate Compensation, salary structuring, retire-ment plans, salary administration and incentives - Manage HR Operations like HR Analytics, Exit Management & HR Dashboards. Adherence to Statutory Compliance: - Ensure compliance of benefits policy with local regulatory reporting requirements. - Ensure Statutory Compliances for the organization. Other Key Responsibilities: - Select, and manage ongoing relationships with, external consultants and suppliers (e.g., insurance carriers, benefit providers) - Planning and execution of a special project given by the management ACCOUNTABILITIES : - Seamless and error free payroll processing - Compensation structure and Benefit policies which are statutory compliant and tax friendly to employees PROFILE : - Full time MBA/PGDBM in HR - Certified in / Prior experience in implementing Hays Job Evaluation - Excellent verbal and written communication skills - Strong analytical and presentation skills - An eye for detail and ability to handle multiple assignments - In-Depth Knowledge on Compensation and Benefits practices and regulatory & statutary requirements - Result orientation - Ownership and Accountability - Strong knowledge and understanding of HR C&B practices, - Should be abreast with latest HR trends, best industry practices etc. - Should consider HR as a Strategic partner, have a positive attitude and have a keen interest to bring in positive changes - Leveraging the HR function by process improvement, new initiatives - Excellent at Stake holder management - Senior Management, external and internal - Should have good Project Management skills - Excellent communication, presentation & interpersonal skills. - Should be a good team player - High personal integrity

Mumbai

Lead Compensation & Benefits - Food Services & Facilities Management Firm 

Lead Compensation & Benefits - Food Services & Facilities Management Firm  ,Job Description for Lead Compensation & Benefits - Food Services & Facilities Management Firm  in TrustKlub Consulting Pvt. Ltd. in  Mumbai for (9-18) years of experience. Apply Now!

Job Description for Lead Compensation & Benefits - Food Services & Facilities Management Firm  in TrustKlub Consulting Pvt. Ltd. in  Mumbai for (9-18) years of experience. Apply Now!