Upgrade to Pro Member
Director at Maxim Management Services
Views:1449 Applications:124 Rec. Actions:Recruiter Actions:4
Manager - Compensation & Benefits - Retail/FMCG - IIM/XLRI/TISS (5-15 yrs)
SCOPE OF THE ROLE :
- Design, implement and ensure that the compensation and benefits programs are designed to attract top talent and retain key employees
JOB PROFILE :
- Work with management to design compensation and benefits programs that support the organizations business objectives
- Prepare the annual C&B budget for assigned areas and manage the same
- Ensure the C&B programs comply with statutory, tax and regulatory requirements
- Ensure that the C&B program costs are in line with the organizations objectives, culture, and philosophy
- Design, develop and implement salary, bonus and benefits packages for all employees
- Manage all payouts monthly payroll, bonuses, commissions, incentives and other employee benefits like insurance, gratuity, retention plans etc.
- Do Annual C&B surveys and periodic Peer comparison and benchmarking exercises to review the gross and net remuneration packages which are offered for employees across the retail industry and benchmark them with peers
DELIVERABLES :
- Annual C&B planning, budgeting and implementation
- Salary Range review, rationalization and fitments
- Payroll, Performance, Commissions, Incentive and Reward plan payouts
- Pay parity analysis and merit review exercises
THE RIGHT PERSON :
- Should be a MBA or Post Graduate Diploma in Human Resources from a reputed institute with at least 5 years of work experience preferably in Retail/ FMCG
- Certifications like CCP or similar from SHRM/HRCI would be a distinct advantage
- Should have independently handled the C&B function and managed a small team
- Should have experience in liaising with external agencies for C&B benchmarking
- Should possess good communication and interpersonal skills
- High proficiency in MS-Excel and PowerPoint is required
This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.
2-Step Verification - Action Required
We've updated our security procedures!
Your privacy and security are important to us. We've recently updated our security measures to make iimjobs.com safer and more secure for you. This change requires you to reset your password.
Please reset your password using the link sent to your email. If you did not receive any email, please check your spam folder..
