Senior Manager - Compensation & Benefits/R&R - EduTech - XLRI/TISS/FMS/MDI

Roles and Responsibilities:

- Manage all compensation matters, such as market midpoint analysis, the salary structure w.r.t. fixed, variable, incentives etc.

- Prepare annual budget for total rewards and manage expenditures related to benefit programs.

- Serve as the main resource for employees and managers regarding all benefit related matters.

- Evaluate the compensation landscape to understand and learn from best practices through benchmarking and industry research and employment trends, track legislation and make recommendations.

- Support all compensation planning processes in collaboration with HR and Operations.

- Supports the development and integration of new and/or existing rewards programs, policies and procedures to ensure that programs are market competitive, internally equitable, and cost effective.

- Develop internal operating procedures and controls for the administering and managing benefits.

- Determine and implement metrics that assess and monitor the effectiveness of ongoing Total Rewards programs and new initiatives.

- Communicate actively with Accounting, Finance, Operations, HR and other departments to review cross-departmental impacts and reconcile data sharing.

- Manage data in accordance with the company's record retention policies and procedures and state and federal laws and regulations.

- Maintain confidentiality of work-related issues, records and company information.

- Complete special projects, as assigned.

Qualifications:

- Full time MBA from tier 1 Institute

- Total HR experience: 4-6 yrs with min 3 yrs in Total Rewards / Comp and Ben

Experience:

- Expertise in managing multiple projects with competing priorities and multiple stakeholders is essential for this role.

- A strong knowledge of salary practices/compliances.

- Expertise with Comp survey process

- A strong knowledge of Job Evaluation principles and benchmarking methodologies is essential.

- Strong project management, analytical, organisational and excel skills are essential.

- Exceptional attention to detail is required for this role.

- The ability to set realistic deadlines and expectations is a skill that is required for this role.

- Exceptional in MS Excel and other Microsoft office tools