Specialist - Compensation & Benefits - IT

Specialist - Compensation & Benefits - Fortune 200 IT MNC

Major Responsibility/ Job Responsibility:

- Drive the C&B strategies as per budget and org requirements.

- Undertake Salary and Compensation analysis for ensuring alignment to the company philosophy

- Enable effective automation / system setup & design

- Understanding of statutory requirements & able to make recommendations in areas of Salary and Benefits

- Basic understanding of compensation benchmarking surveys

- Responsible for effective implementation and improvement of C&B framework for employees and associates across all Locations.

- Responsible for identifying and implementing improvements in the existing processes and policies to increase overall effectiveness.

- Preparing salary annexures for different restructuring reasons like deputation, offshore, car lease etc.

- Handling BUHR and employees queries w.r.t compensation.

- Coordination with HR Ops team for different HR processes like bonus processing, bonus letter preparation etc.

- Effective and timely handling of increment review cycles.

- Analyze the compensation data against compensation policies and report any gaps i.e. continuous validation of data.

- Should be able to perform Job analysis and evaluation exercise