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06/05 Nampreet
Founder & MD at ANP HR Consultancy

Views:126 Applications:37 Rec. Actions:Recruiter Actions:1

Manager - Compensation - Internet/Online (8-12 yrs)

Bangalore Job Code: 1091381

- Head the Compensation and rewards program focused on Service Providers for the entire Lithium.

- Establish best in industry compensation and rewards strategies within Lithium to attract and retain talents

Primary responsibilities :

Functional :

- Define a fair, equitable, and competitive total compensation and benefits package for drivers that fits and is aligned to our company's strategy and business goals

- Monitors the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends and corporate objectives

- Developing and implementing new compensation and benefits programs, policies, and procedures.

- Defining profit-sharing, incentive, driver wellness, and performance management programs.

- Use various methods and techniques and make data-based decisions on direct financial, indirect financial, and nonfinancial compensations

- Assess driver needs by conducting organizational surveys to find out what motivates and engages drivers

- Participate in salary and labor market surveys to determine prevailing pay rates and benefits

- Ensuring all programs, policies, and procedures comply with current legislation

- Assist in defining and rolling out attractive compensation structures and schemes for drivers in different locations.

- Conduct ongoing research into emerging trends, issues and best practices

- Provide Market Intelligence on driver community to Management on Industry compensation, Market Events, trends etc

- Preparing budgets, reports, and presentations.

- Supporting the HR team with recruitment and engagement activities.

Any other additional responsibility could be assigned to the role holder from time to time as a standalone project or regular work. The same would be suitably represented in the

Primary responsibilities and agreed between the incumbent, reporting officer and HR.

C. Key Result Areas

- Defining and Rolling out Attractive Propositions

- Reducing Attrition due to Payment and benefits related

- Market Intelligence

- Market Surveys

- Internal communication initiatives

D. Key Interfaces :

Internal Interfaces :

External Interfaces :

- Engagement and Recruitment Teams to

- Function heads for driving the initiatives and change management

- HR Business partners for implementation support

- Driver Community

- Vendors and Consultants

E. Competency:

Technical Competency - T Compass

Leadership Competency - L Compass

- Intermediate

- Strategic Thinking

- Compensation & Benefits

- Expert

- Timely Decision Making

- Performance Management

- Advanced

- Community Focus

- Talent Management

F. Educational and Experience Requirements

Minimum Requirement:

Desired:

Level of Education

- MBA or PGDBM in Human Resource Management

- Masters in Behavioral Sciences

- Bachelors in Psychology or Research

Experience

- 8 - 12 years' experience in HR

- At least 5 years in a Compensation and Benefits role

- More than 5 years' experience handling Compensation and Benefits in a large organization

- Exposure to Market Surveys and Research

Women-friendly workplace:

Maternity and Paternity Benefits

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