Key responsibilities: - Overall planning of compensation - Budgeting or forecasting program manage compensation planning for Compensation in India and ensuring inputs to relevant finance teams to build rate cards - Designs pieces of complex compensation programs resulting in significant and long term changes to the company's compensation offerings and policies ensuring optimal budget utilization. - Oversees the implementation of specific components of complex and large scale global compensation initiatives ensuring appropriate local implementation in the context of global guidelines. - Designs and develops training education and communication materials for the implementation of global or local compensation programs. - Drives resolution of compensation issues and independently makes the recommendation for an optimal solution in situations where the issue is complex. - Manages customer relationships with contacts from human resources finance and the business and builds new relationships outside the team where appropriate. - Drive refinement of the Market Intelligence processes and deliverables to ensure client expectations and deliverables are met on time and with quality - Accountable for market data collection analysis and target development. Ensure market data analysis and recommendations are aligned with the compensation and benefits or pension strategy and direction for the Country - Analyze performance metrics. Provide specialty reporting and data analysis as required. Identify trends potential areas of non-compliance with legal requirements and opportunities for performance improvements within the function - 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. - Applies comprehensive functional knowledge in compensation and serves as a senior resource providing guidance to less experienced team members. - Develops and shares knowledge of capital in the compensation area. - Provides input to capital budgeting for the area and ensures that the team adheres to budget. - Help in tools implementation for the compensation function in the respective area. Requirement: 1. Strong compensation and benefits design and implementation. WorldatWork GRP certification is preferred. 2. Experiences in job analysis, job evaluation, and compensation bench-marking analysis. 3. Experiences in leading a Comp. & Ben team in multinational companies. 4. Experiences in collective bargaining compensation recommendation. 5. 3 years or more of International compensation process experience with hands-on experience in tools like Workday/ Success factors/ IPE. 6. Strong business acumen and stakeholder partnership to identify issues and propose solutions. 7. Familiar with the Indian market on compensation and benefits programs

Bangalore

Chennai

Hyderabad

Manager - Compensation & Benefits - IT/ITeS 

Manager - Compensation & Benefits - IT/ITeS  ,Job Description for Manager - Compensation & Benefits - IT/ITeS  in Randstad in  Bangalore Chennai Hyderabad for (8-15) years of experience. Apply Now!

Job Description for Manager - Compensation & Benefits - IT/ITeS  in Randstad in  Bangalore Chennai Hyderabad for (8-15) years of experience. Apply Now!