Manager - Compensation & Benefits - Manufacturing

A) Compensation Management:

- Design and administer salary structures, grading frameworks, compensation policies, and pay ranges.

- Lead annual compensation review, increment, promotion, and bonus cycles.

- Conduct market benchmarking and compensation surveys to maintain external competitiveness and internal equity.

- Evaluate compensation proposals for new hires, promotions, transfers, and retention cases.

B) Payroll Operations:

- Own and manage end-to-end payroll processing for all employees across manufacturing plants and corporate offices.

- Ensure timely and accurate processing of monthly payroll, full-and-final settlements, arrears, incentives, bonuses, overtime, shift allowances, and reimbursements.

- Coordinate with Finance, HR Operations, and external payroll vendors for seamless payroll execution.

- Review payroll inputs, validations, reconciliations, and approvals before salary disbursement.

- Ensure compliance with statutory requirements including PF, ESIC, PT, LWF, Income Tax, Gratuity, Bonus, and other applicable regulations.

- Manage payroll audits and ensure statutory filings are completed accurately and within timelines.

- Address employee queries related to salary, taxation, deductions, benefits, and payroll processes.

C) Benefits Administration:

- Manage employee benefit programs including Group Mediclaim, Group Personal Accident, Term Life Insurance, Superannuation, NPS, and wellness initiatives.

- Evaluate and recommend enhancements to employee benefits programs.

- Coordinate with insurance brokers, service providers, and external consultants.

- Ensure effective communication and utilization of employee benefit programs.

D) HR Analytics & Budgeting:

- Develop and maintain HR dashboards and reports related to payroll cost, manpower cost, compensation trends, benefits utilization, attrition, and productivity.

- Support annual manpower budgeting and compensation planning exercises.

- Provide analytical insights and recommendations to leadership.

E) Compliance & Governance:

- Ensure compliance with labour laws, wage regulations, tax laws, and company policies.

- Maintain governance around payroll approvals, compensation changes, and benefit administration.

- Support internal, statutory, and external audits.

- Ensure proper documentation and record management for payroll and compensation processes.