14/06 Anil
Director/Co Founder at Rainbow HR Consulting Services

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Manager/Senior Manager - Compensation & Benefits - BFS/Telecom (8-10 yrs)

Mumbai Job Code: 709047

An European MNC is hiring for a Senior Manager C&B (Mumbai based). This role also has regional responsibilities

Key Responsibilities:

Strategic Priorities:

- 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

Women-friendly workplace:

Maternity and Paternity Benefits

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