Director/Co Founder at Rainbow HR Consulting Services
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Manager/Senior Manager - Compensation & Benefits - BFS/Telecom (8-10 yrs)
An European MNC is hiring for a Senior Manager C&B (Mumbai based). This role also has regional responsibilities
- Plan and design the company's rewards philosophy
- Analyse and evaluate external market data, develop salary budgets and forecasts that are consistent with the Organisation strategy.
- Implement rewards and benefits policy and evaluate effectiveness of the programs
- Lead and Implement Job Evaluation for the organization.
Implement and Manage:
- Initiate participation in Compensation Bench-marking and Benefits surveys.
- Lead the annual pay review and bonus disbursement process as per the annual budgets.
- Ensure compensation data accuracy across HRIS Platforms.
- Manage Executive compensation, Expatriate Compensation, salary structuring, retirement plans, salary administration and incentives
- Manage HR Operations like HR Analytics, Exit Management & HR Dashboards.
Adherence to Statutory Compliance:
- Ensure compliance of benefits policy with local regulatory reporting requirements.
- Ensure Statutory Compliances for the organization.
Other Key Responsibilities:
- Select, and manage ongoing relationships with, external consultants and suppliers (e.g., insurance carriers, benefit providers)
- Planning and execution of a special project given by the management
Desired Qualification and Experience:
- Full time MBA/PGDBM in HR
- 8 to 10 years of relevant work experience in the areas of Compensation and Benefits
- Certified in / Prior experience in implementing Hays Job Evaluation
Desired Skills and Competencies
- Excellent verbal and written communication skills
- Strong analytical and presentation skills
- An eye for detail and ability to handle multiple assignments
- In-Depth Knowledge on Compensation and Benefits practices and regulatory & statutory requirements
- Result orientation
- Ownership and Accountability
Those interested may apply or call on 8451801646