jobseeker Logo
Now Apply on the Go!
Download iimjobs Jobseeker App and get a seamless experience for your job-hunting
10/04 Kaydee
Director at Pinnacle Search Services

Views:559 Applications:165 Rec. Actions:Recruiter Actions:34

Manager/Senior Manager - Compensation & Benefits - Financial Services (5-8 yrs)

Mumbai Job Code: 912789

Qualification: MBA - HR

Experience: 5-8 yrs in managing Compensation & Benefits

Job Responsibilities :

- Drive Employee compensation Bench-marking

- Benchmark jobs annually and evaluate Salary Grade/Ranges

- Budget Planning for organization-wide Annual Increases

- Implement a Competitive & tax friendly Compensation structure.

- Comp Guidelines on annual increment process & Own and prepare individual employee packages

- Proposal & periodic review of Performance Pay Schemes to drive focus on business results

- Drive incentive schemes and various other Compensation & Benefits programs

- Undertaking job evaluations to ensure that the differences in pay between those doing different jobs within the organization are fair and are perceived to be so

- State-wise Min. Wage approach & implementation

- Periodic review of benefits practices keep the benefits market competitive

- Awareness of statutory & other C&B related compliance

- Periodic review of the implementation of C & B policies

- Developing Short-term & Long Term Incentive Plans

- Own Analytics & Reporting dashboards

Skills :

- Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

- Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.

- Expert at MS PowerPoint and MS Excel

Women-friendly workplace:

Maternity and Paternity Benefits

Add a note
Something suspicious? Report this job posting.