We are looking for a Compensation and Benefits Manager who will establish best practices, attract high-quality employees and reduce turnover. Understanding and working knowledge of US Compensation and Benefits is a must. Compensation and Benefits Manager responsibilities include researching employee motives, implementing appealing rewards and tailoring benefit programs based on staff needs. To be successful in this role, you should have good knowledge of labour legislation and be familiar with organizational psychology and employee engagement. Overall build fair and attractive compensation and benefits plans that help us improve employee satisfaction and create a productive workplace. ESSENTIAL DUTIES AND RESPONSIBILITIES: - Design compensation packages and bonus programs that align with the company's strategic plan - Ensure salaries and benefits comply with the current legislation about human rights and pay equity - Identify trends and implement new practices to engage and motivate employees - Conduct research on employee satisfaction (e.g. using surveys and quantitative data) - Renew our compensation plans with monetary and non-monetary benefits based on employee needs - Keep track of prevailing pay rates and make sure we offer competitive compensation plans - Draft job descriptions, job analyses and classifications - Structure compensation in ways that will yield the highest value for the organization - Evaluate and report on the effectiveness of employee benefit programs - Track compensation and benefits bench marking data NECESSARY KNOWLEDGE, SKILLS, AND ABILITIES: - Experience as a Compensation and Benefits Manager or similar role - Hands-on experience with HRIS or payroll software SAP - Knowledge of building compensation packages and bonus programs for various departments and seniority levels - Good analytical skills - Familiarity with labour legislation - Experience with employee satisfaction surveys - Degree in Human Resources Management, Organizational Psychology, Finance or relevant field

Mumbai

Manager - Compensation & Benefits - BPO/IT 

Job Description for Manager - Compensation & Benefits - BPO/IT  in HireaJackal in  Mumbai for (6-10) years of experience. Apply Now!