Roles and Responsibilities: - Overall planning of compensation - Budgeting/ forecasting, ensuring inputs to relevant teams to build rate cards - Support in design and implementation of the function specific compensation programs and activities in line with the Total Rewards philosophy with regards to internal equity and external market competitiveness. - Manage the market benchmarking process, validate market information and help develop positioning and compensation ranges as per the desired competitiveness. - Engage with business to provide advisory from a total Rewards perspective and act as a strategic partner with the Business and business units as necessary. - Cultivate a thorough understanding of the various reward related business requirements through an understanding of the business and their operating model - Manage the compensation annual revision process along with Business Advisors & businesses. - Drive analytics to provide insights to business leadership on the internal/external trends and movements in compensation. - Partner with Talent Acquisition team on offer development wherever applicable, create ranges, systems and processes for assisting them in hiring competitively from lateral markets. - Manage the tools and processes used/followed to carry out the various reward programs and annual compensation exercise. - Designs and develops training, education and communication materials for the implementation of global/ local compensation programs. - Drives resolution of compensation issues, and independently makes recommendation for optimal solution in situations where issue is complex. - Manages customer relationships with contacts from human resources, finance and the business, and builds new relationships outside team where appropriate. - Serves as an SME and advisor to HR and recruitment teams as needed in all aspects of compensation design, planning and administration processes, and counseling on customization of programs at a local level. - Provides input to capital budgeting for area and ensures that team adheres to budget. Skills and Experience : - Experience as a Compensation and Benefits Manager or similar role - Hands-on experience with HRIS or payroll software - Knowledge of building compensation packages and bonus programs for various departments and seniority levels - Excellent understanding of job evaluation and job analysis systems - Good analytical skills - Familiarity with labor legislation - Experience with employee satisfaction surveys - MBA in Human Resources Management, Organizational Psychology, Finance or relevant field

Bangalore

Manager - Compensation & Benefits - IT 

Manager - Compensation & Benefits - IT  ,Job Description for Manager - Compensation & Benefits - IT  in Hire and Staffing Solutions in  Bangalore for (14-20) years of experience. Apply Now!

Job Description for Manager - Compensation & Benefits - IT  in Hire and Staffing Solutions in  Bangalore for (14-20) years of experience. Apply Now!