Lead - Compensation & Benefits/Policies - Infra/Power Business

Lead - Compensation & Benefits/Policies| From Tier 1/2 College | Mumbai - HO

Client - BSE/NSE Listed -15000 Cr. ( Indian MNC)

JOB - Permanent

Job Location - HO- Mumbai

Role - Lead Role

Experience - Tier 1 ( + 7 years ) || Tier 2 ( + 13 Years )

Salary - Hike as per Market Standards

Qualification - MBA -Full Time Only from Tier 1/2 College only

Summary-In this role the incumbent will need to act as a Head of PPR (Performance, policies & rewards) the team takes care of compensation & benefits management along with performance management for the entire company

Responsibilities/Job Activities:

a)Total Rewards:

- Responsible for annual compensation revision exercise.

- Design and execute Employees Rewards & Recognition program.

- Payroll management @ corporate level.

- Manpower and Salary Budgeting

- Compensation designing, Benchmarking, Job Evaluation and the making of pay ranges

- Long service and other Awards/Rewards

- Conduct awareness session for new joiners on co

b)Performance Management:

- Drive end-to-end Performance Management exercise.

- Design and execute Innovative appraisal systems & processes.

- Knowledge of SAP (Success Factors) and MS Office (Excel, PPT & word).

- Develop Awareness among employees through training sessions via Business HR for the entire PMS cycle.

- Run Simulation exercises to see the distribution of ratings across BUs and functions.

c)HR Policies:

- Designing Existing / New policies through understanding organization need and market standard

- Involved in Strategical decision-making and planning activities

d)Strategic HR Projects:

- Projects related to HR digitalization & automation

- Projects related to HR analytics

Competencies Required:

- Strong Communication Skills with employees/HR Management

- Excellent Coordination Skills especially during projects/ new initiatives implementation

- Analytical & Project Management bend of mind

- HR Analytics Compile different data points using spreadsheets, other tools and analyses data for information-driven decision making and strategy planning.

- Proficient in Advanced MS excel & other MS Office apps