Manager - Compensation & Benefits - NBFC

Our client is a new-age, education focused, technologically advanced NBFC that provides hyper-personalized education financing solutions for every deserving Indian student.

Responsibilities :

- Design compensation packages and stock option 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

- Track compensation and benefits benchmarking data.

- Conduct research on employee satisfaction (e.g. using surveys and quantitative data)

- Renew 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

- Structure compensation in ways that will yield the highest value for the organization

- Evaluate and report on the effectiveness of employee benefit programs.

Requirements and skills:

- Qualified degree with 6 to 8 years of work experience in Compensation and Benefits

- Knowledge of building compensation packages, bonus and stock option programs for various departments and seniority levels.

- Excellent understanding of market benchmarking

- Good analytical skills and familiarity with labour legislation

- Experience with employee satisfaction surveys