Manager/Senior Manager - Human Resource - Compensation & Benefits - Life Insurance

Span of control : Corporate position

Reporting : Head - C&B

Job profile :

- The incumbent will be responsible for leading the various projects under the C&B domain such as compensation bench-marking surveys, annual increment cycles, performance bonuses, sales incentives, rewards & recognition, etc.

End Results Key Activities :

- Define a fair, equitable and competitive total

- Compensation compensation package that fits and is aligned to Philosophy our company's strategy and business goals.

- Ensure that compensation practices are in compliance with current legislation.

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

- Annual Compensation financial and non financial compensations.

- Differentiate pay systems to invest in the

- Review Cycle segments of workforce that contribute the most value.

- Deploy effective communication strategies and success metrics.

- Develop a comprehensive R&R framework in line

- Rewards & with the organizations culture pillars & business objectives.

Recognition and Sales :

- Develop & deploy an effective Sales Incentive Incentives framework, keeping both short-term & long-term business objectives in mind.

- Ensure timely execution of all R&R programs.

- Bench-marking & Participate in salary and labour market surveys to determine prevailing pay rates and benefits

Market Intelligence :

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

- People Policy Framework

- Develop a comprehensive policy framework covering all elements of an employee lifecycle in the organization.

- Ensure adherence to the published policy documents across the organization.

- Conduct periodic audits and prepare reports.

Knowledge And Experience Skills :

- 7+ years of experience in HR with a Proven ability to diagnose major part of it in Compensation & problems using strategic thinking

Competencies :

- Excellent people skills and strong appropriate solutions.

- Decision making skills.

- Ability to thrive in a fast paced

- Strong Customer Orientation and team environment and to navigate leaders through a variety of organizational changes.

Internal/External Interactions :

- Senior Management & Department - Regional & Global HR

Key Stakeholders :

- Heads, leadership teams.

- Talent Acquisition & HR Business

- Business & HR consultants, Partnership teams.

Qualifications : MBA HR

Offered CTC : Negotiable + incentives, depending upon current CTC.