27/06 Naina
Consultant at Michael Page

Views:804 Applications:87 Rec. Actions:Recruiter Actions:76

Senior Manager - Compensation & Benefits - Financial Services - IIM/XLRI/TISS/SCMHRD (6-13 yrs)

Delhi NCR Job Code: 714073

- Reporting into the C&B Head, you will work closely with the business leaders to drive the compensation and benefits portfolio for 4000 people and will be directly responsible for:

- Managing the compensation and benefits portfolio for the India business

- Support in revaluation of the compensation structure for India and work on making it more employee friendly

- Work extensively on planning and execution of mid year or annual or off cycle merit planning and ensure a smooth closure on time

- Support on robust Exercise on internal + external benchmarking to analyse the market best practices and work to introduce the same in the organization

- Work regularly on cost impact analysis and compensation ratios to evaluate budgeting and accurate payroll input on SAP year long

- Work towards applying all compliances and tax related structures for employees

- Lead in running and closing the annual increment and variable pay cycles

- Manage/coordinate the use of web-based tools used for salary review and incentive process -management

- Manage and maintain the classification of roles as well as the regional incentive plans, and provide all data required

- Facilitate in completion of annual appraisal and periodic talent management discussions

- Work on designing and cost calculation of executive benefits like E-sops/ STI/ LTI etc.

- Design and implement multiple recognition and wellness programs

The Successful Applicant

- You will come with strict 6 - 13 years of overall experience with at least 6 years of specialist experience in compensation & benefits

- Candidates with Full-time MBA(HR) from premier B schools will be considered

- Blend of Rewards experience from consulting + industry is preferred

- Excellent communication skills and the ability to work closely with regional and senior stakeholders is required

- Flexible with shift timings- 2 PM to 11 PM

What's on Offer

Fast growing career opportunity to be a part of the leadership team with high visibility and exposure to Business and HR leaders globally is on offer for the right candidate

Women-friendly workplace:

Maternity and Paternity Benefits

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