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20/06 Kriti Sharma
HR at Paytm

Views:1023 Applications:111 Rec. Actions:Recruiter Actions:92

Paytm - Manager - Compensation & Benefits (10-12 yrs)

Greater Noida/Noida Job Code: 1113485

Title: HR Manager - ESOPs ( Compensation & Benefits)

About Us : Paytm is India's leading financial services company that offers full-stack payments & financial solutions to consumers, offline merchants, and online platforms. The company is on a mission to bring half a billion Indians into the mainstream economy through payments, commerce, banking, investments, and financial services. One97 Communications Limited which owns the brand Paytm is founded by Vijay Shekhar Sharma.

Why join us ? A merit-based culture that thrives on self-motivated & driven individuals who are set out to make a successful career in India's fastest growing Fintech Organization. Agile & democratic setup that gives space to your creativity, offers the opportunity to work at scale coupled with an environment that encourages diverse perspectives at all times.

About the role : This role will be responsible for supporting the implementation of the broad range of reward practices and compliances policies for the organization. This role is a key subject matter expert of the Compensation and Benefits functions locally; the role provides local insights, consultation, and advice to Human Resources Business Partners and the senior business leaders as required.

Key responsibilities :

- In order of importance and specify the approximate amount of time, e.g. in % related to the typical business cycle).

- Expectations/ Requirements Compensation Benchmarking : Ensure external competitiveness of internal salary ranges by benchmarking against comparators.

- Conducts and analyzes survey results to assist in comparing compensation and benefits plans ,Participates in the development of compensation and benefits policy.

- Managing the Annual increment and incentive programs.

- Annual planning, forecasting, and budgeting exercises for all direct costs for employees (salary and benefits, annual increments, incentives, rewards, and awards programs).

- Annual Salary review exercise and administration of compensation review process cycle; off-cycle pay adjustments.

- Monitors compensation trends within the organization and provides analytics to support operational efficiency.

- Provide ongoing support to line managers and HR on operations matters related to compensation.

Talent Strategy : Work with business HR on talent attraction/ retention strategies by providing inputs on aspects like salary scale, hiring range, retention bonus, joining bonus, etc.

Compensation Programs : Keep abreast with the new trends and best practices in the C&B field. Participate in designing and revision of compensation-related policies and procedures understanding Country compliance, acts and regulations, Ensure that compensation practices are in compliance with current laws and regulations.

Superpowers/ Skills that will help you succeed in this role :

- Masters in MBA in Human Resources.

- Relevant experience required (i.e. directly linked to the requirements of the position/role).

- Specialist. with minimum of 10-12 years of experience in C& B.

- Specialized or cross-functional knowledge / relevant experience required by the position/role.

- In-depth knowledge of concepts & principal of India compensation & benefits, employment acts, other companies' compensation & benefits programs.

- Data Analytics, Well-versed with MS Excel.

Compensation : If you are the right fit, we believe in creating wealth for you with an enviable 500 mn+ registered users, 21 mn+ merchants, and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants - and we are committed to it. India's largest digital lending story is brewing here. It's your opportunity to be a part of the story!

Women-friendly workplace:

Maternity and Paternity Benefits

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