Posted By

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Raj Lalwani

Founder & Managing Director at Adler Talent Solutions Pvt. Ltd.

Last Login: 22 April 2024

261

JOB VIEWS

80

APPLICATIONS

11

RECRUITER ACTIONS

Posted in

HR & IR

Job Code

976618

Senior Manager - Compensation & Benefits - eCommerce

9 - 15 Years.Mumbai
Posted 2 years ago
Posted 2 years ago

Implementing the rewards and benefits policies within the organization, ensuring that these programmes support the business objectives and meet all legal and statutory requirements is a vital part of the role.

The continuous evaluation of the Company's compensation and benefits packages, including base pay, incentive pay, health and welfare benefits, and retirement benefits is a fundamental part of this role. This role is expected to manage budgets and have an understanding of Company targets and business profitability.

Purpose of the role:

- Developing and implementing the reward strategy, including: salary benchmarking, pension arrangements, benefits management and annual compensation events such as bonus and salary review.

- Responsibility for salary reviews to ensure relevant market benchmarking and consistency of application.

- Should possess latest market knowledge, including recent tax inferences particularly in relation to benefits and pay

- Designing and implementing relevant and intuitive compensation schemes

Job Role:

- Design compensation packages and bonus programs that align with the company's strategic plan

- Ensure salaries and benefits comply with the current legislation about human rights and pay equity

- Keep track of prevailing pay rates and make sure we offer competitive compensation plans

- Structure compensation in ways that will yield the highest value for the organization

- Forecast budget for salary increases

- Administer and manage employee insurance plans

- Oversee pension and savings plans

- Advise on salary increase requests

- Negotiate collective agreements on behalf of employers or workers

- Making recommendations based on data analysis

- Manage the long term and short term incentive schemes for the Company

- Handle senior management compensation

- Provide analytics on the comparative compensation trend in the company for decision making

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Posted By

user_img

Raj Lalwani

Founder & Managing Director at Adler Talent Solutions Pvt. Ltd.

Last Login: 22 April 2024

261

JOB VIEWS

80

APPLICATIONS

11

RECRUITER ACTIONS

Posted in

HR & IR

Job Code

976618

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