Manager - Compensation & Benefit - BFSI

Job Title - Manager

Organisation Name - Human Resources

Department Description

The mission of the HR team is to create and deliver a world class HR function which helps the organization to be a great place to work and support our vision of being an Employer of Choice. We aim to create a dynamic environment and foster a rich pool of talents to support our clients’ business.

Brief Posting Description

The organization is looking for Manager who would be responsible to manage and oversee the entire compensation & benefits activities for the firm in India.

Detailed Description

- Manage C&B policies & procedures and suggest best practices which could be adapted & successfully executed

- Leads, manages & develops the entire C&B team as per the desired skills & competencies

- Works closely with leadership (CEO, COO, Senior Partners, Head HR etc.) and top management to understand and contribute to strategic decisions of the firm with respect to manpower cost

- Must have experience in designing and developing robust compensation structures

- Leads various projects, specifically to C&B area

- Design, implement and manage salary classification and compensation programs

- Oversee competitive analysis, merit increases and salary structure

- Advise on state employment regulations which have an impact on benefits policies and suggest appropriate measures

- Excellent visibility on competition and general industry trends

- Analysing cost vs revenue impact on bonus and appraisals

Job Requirements

- MBA with specialization in HR from a recognized university or institute

- 7-10 years of relevant experience as compensation specialist

- Experience in the areas of compensation surveys, benefits policies, labour laws, performance management, people management is a must

- Ability to work in a dynamic environment and with multiple stakeholders is necessary

- Excellent communication (both verbal and written) is a must