Manager - Compensation & Benefits/PMS/Policy & Analytics - BFSI

Manager - HR

- CnB,Policies,Analytics,PMS,Analytics

- Candidates with hands on experience in compensation benchmark, compensation exercise, benefits, connected to market.

- Responsible for designing compensation, determining appropriate salary structures, managing annual salary revision exercises through surveys, analysis of positioning & budget development, monitoring the compensation program and making changes periodically, if required

- Responsible for aligning the Compensation practices of the organization with the overall HR and organizational philosophy

- Monitoring and recommending the organizations Compensation structure and maintain balance between compliance, control of costs and attracting and retaining staff

- Member of project team responsible for developing and executing Annual Planning and the Total Rewards CoE

- Perform quantitative and qualitative data analysis of key market intelligence indicators

- Identify trends and implement new practices

- 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

- Track compensation and benefits benchmarking data