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21/05 Sebatini Kaviya
Delivery Lead at Randstad

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Manager - Compensation & Benefits - IT/ITeS (8-15 yrs) Premium

Bangalore/Chennai/Hyderabad Job Code: 823510

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

Women-friendly workplace:

Maternity and Paternity Benefits

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