Manager - Compensation & Benefits - BFSI

Responsibilities :

- Define a fair, equitable and competitive total compensation and benefits package that fits and is aligned to our company's strategy and business goals

- Develop a consistent compensation philosophy in line with work culture and organisational objectives

- Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc)

- Use various methods and techniques and make data based decisions on direct financial, indirect financial and nonfinancial compensations

- Assess employees needs by conducting organisational psychology surveys to find out what motivates and engages employees

- Prepare job descriptions, job analysis, job evaluations and job classifications

- Participate in salary and labour market surveys to determine prevailing pay rates and benefits

- Differentiate pay systems to invest in the segments of workforce that contribute the most value

- Deploy effective communication strategies and success metrics

Conduct ongoing research into emerging trends, issues and best practices

Conduct periodic audits and prepare reports