Manager/Associate Director - Compensation & Benefits

We have a very urgent requirement for a Manager/ Associate Director - C & B based at Hyderabad.

Role: Compensation & Benefit Operations

Reporting To: Lead Compensation & Benefits

Location: Hyderabad

Educational Qualifications: MBA HR from a premier b-school with good academic credentials

Experience Required: 7-12 years of work experience (With 2-3 years in C&B)

Functional requirements: Knowledge of Compensation structuring, benefit plans, incentive plans, Basic knowledge of taxation and labour laws

Context:

- To manage compensation and benefit operations across geographies and ensure seamless execution.

Key Responsibilities [Illustrative]:

Annual Compensation Review :

- Forecast budget for salary adjustments and advise on salary increases

- Execute the annual merit increase process partnering closely with HR team and ensure adherence to merit guidelines and budgets

- Resolve any C&B issues/queries from business units

Market Intelligence & Benchmarking :

- Remain current on domestic and international compensation trends and practices as well as any changes in regulations; participant in various compensation & benefits benchmarking survey and interactive forum.

- Conduct market evaluations of existing salaries and benefits to ensure internal and external equity and market competitiveness

Promotion & Confirmation Process:

- Review confirmation and promotions, handle exceptions in recruitment fitments with the support of the team.

International Mobility :

- Facilitate the transition of employees, expatriation and repatriation fitment, definition of the terms and conditions of employment and negotiation with the employee and offer the expat package

- Execute international Assignment Guideline for Emerging markets to ensure smooth and effective Expatriation and Repatriation in the best organizational interest

Benefits:

- Partner with various stakeholder and roll-out new plans by doing presentations/ road shows, and other media for communicating new plans and changes to employees.

- Manage NPS, Superannuation, Medical Insurance programs, Gratuity, Car scheme etc.

- Review and analyze changes to labour laws pertaining to various benefits and drive compliance

- Manage the execution of the stock option programs in partnership with Finance.

Manpower Planning:

- Facilitate the manpower planning process, consolidate and prepare the company level manpower budget, analyze trends, determine any addition or reduction in manpower required to ensure the business is appropriately staffed and organized and manpower cost is optimized.

Process Improvement & Compliance :

- Identify areas of simplification/improvement, liason with IT team & ensure implementation

- Ensure robust C&B processes, compliance to all audit requirements and healthy governance within HR function.

Key Personal Attributes:

- Self motivated with excellent execution skills

- Good analytical skills, highly energetic with ability to influence & persuade others

- Excellent interpersonal skills; high level of proficiency in networking internally and externally

- Committed, result oriented

Anshita