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13/08 Bhavesh Ghoghari
Lead Consultant at Rini Search Services

Views:628 Applications:152 Rec. Actions:Recruiter Actions:122

Senior Manager/AGM - Compensation & Benefits - FMCG/Auto (10-20 yrs)

Thane/Mumbai Job Code: 1139873

Reports to HR Head

Job Profile:

The role is primarily responsible for developing and implementing Compensation & Benefits Management.

Key Responsibilities :

- Payroll Management (Staff Employees Pan India Location)

- Payroll Compliance Management e.g. PF, ESIC etc

- Payroll MIS Management

- HR Budget/Forecast Preparation and monitoring

- Design and develop Compensation & Benefit strategy

- Periodical review Compensation & Benefit Strategy in line with Market Trend

- Design Remuneration Survey & Participation in Region cum Industry Survey

- Design appropriate reward programs and policies, designing and calculation of incentive framework for sales as well as manufacturing divisions.

- Annual Increment calculations after Performance Appraisals.

- Salary Benchmarking and Market Corrections to ensure salaries, increments etc. adhere to the compensation philosophy and are competitive to the Industry Standards.

- Human Resource Budgeting & Manpower Cost Management

- On Boarding and Exit Activities etc

- Compensation restructuring from a complex non tax friendly structure to a simpler tax friendly structure with only essential pay heads that would help save tax

- Thorough understanding of Compensation & Benefit Trend, Statutory Compliance, Taxation etc

Strong Analytical Skills :

- Hands on experience about Payroll Software. Working knowledge about Success Factory will be added advantage.

- Knowledge of industry best practices on Compensation & Benefit Management

- Breathe Business Orientation, Geared for Change, Align to Action, People & Performance focus, Collaboration & Training

- Business Insights, Dispute Management, Workforce analytics, Change Readiness, Decision Making

Women-friendly workplace:

Maternity and Paternity Benefits

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