Senior Manager - Compensation & Benefits - Automobile/FMCG/FMCD/Electronics

- Responsible for the design, implementation, and ongoing evaluation of the organization's compensation and benefits programs, including base pay, incentive pay, health and welfare benefits, and retirement benefits.

- Works with senior management to ensure that compensation and benefits programs support the organization's business objectives and meet all legal requirements.

- Develops compensation and benefits budget for assigned areas and manages budget after it is approved.Typically reports to top management.

- Manages a departmental sub-function within a broader departmental function.

- Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure.

- Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.

- Set the organization's pay structure and benefits offerings

- Determine competitive wage rates and develop or modify compensation plans

- Evaluate employee benefits policies to assess whether they are current, competitive, and legal

- Choose and manage outside partners such as benefits vendors and investment brokers

- Coordinate and supervise the work activities of specialists and support staff

- Oversee the distribution of pay and benefits information to the organization's employees

- Ensure that pay and benefits plans comply with federal and state regulations

- Prepare a program budget and keep operations within budget