Manager - Compensation & Benefits - BFSI

- To be successful as a Compensation and Benefits Manager, you should be able to develop competitive and cost-efficient programs that will assist with employee retention and attract top talent. A top-notch candidate should have extensive experience leading compensation and benefits programs, along with excellent decision-making skills.

Compensation and Benefits Manager Responsibilities:

- Evaluating and modifying existing compensation and benefits programs, policies, and procedures.

- Developing and implementing new compensation and benefits programs, policies, and procedures.

- Ensuring all programs, policies, and procedures comply with current legislation.

- Communicating with third-party services to negotiate benefit plans and resolve benefit-related issues.

- Supporting the HR team with recruitment and talent management activities.

- Developing profit-sharing, incentive, employee wellness, and performance management programs.

- Managing subordinate HR employees and daily operations related to compensation and benefits activities.

- Preparing budgets, reports, and presentations.

Compensation and Benefits Manager Responsibilities:

- Bachelor's degree in Human Resources Management, Business Administration, or a related field.

- At least five years of experience as a Compensation and Benefits Manager or in a related role.

- Relevant certifications, such as a CEBS or SHRM certification, preferred.

- Extensive knowledge of benefits and compensation programs, policies, procedures, and applicable legislation.

- Proficiency in MS Office.

- Experience managing benefits and compensation in a Human Resources Information System (HRIS).

- Excellent communication and organizational skills.

- Strong people and project management skills.

- Strong analytical, problem-solving, and decision-making skills.