Leading FMCG client, looking for compensation &amp; benefits specialist. Job Purpose: As a member of the Global Rewards team, supports the delivery of compensation and benefits programs, maintains compensation and benefits databases and systems, conducts market research and analysis, and provides support to HR Business Partners for the region. Some of the key responsibilities will include: - Assist in the development and execution of all compensation and benefits programs, providing support on program implementation and administration - Research internal comparable and external market data to evaluate management, professional, technical and administrative jobs at organization. Summarize research findings and based on grading and pay guidelines, recommend grade to management for review and approval - Provide subject matter expertise on all compensation and benefits elements, and sound advice to HR Business Partners through research, analysis, and consultation - Support the planning and execution of the annual compensation cycle for client group, including communication, validation and distribution of data, and support to HR Business Partners - Complete and submit all salary surveys, which include participation in third party and ad-hoc surveys, to ensure organization programs are equitable, competitive and aligned to our business objectives - Provide analytical support to the annual market review process, including survey management, and analysis of market competitiveness - Assist with the management of 3rd party vendors, including system and call center compliance with plan eligibility rules, monitoring of services, and identifying opportunities for efficiency and enhancement - Regularly analyze and audit benefits data to determine eligibility, calculate benefits/premiums, track costs, and identify trends. Also includes utilizing benefits data to assist colleagues and vendors with participant inquiries, claims, and appeals - Remain up- to- date on emerging trends and changing legislative requirements that affect the Company's compensation plans. - Act as Rewards Subject Matter Expert (SME) by responding to queries and issues raised through HR Shared Services as point of escalation. Diagnose and resolve system and process issues where necessary, recommend procedural modifications to aid in employee self- service and Tier 1 HR Shared Services - Support pay equity compliance, fair wage reviews, and other legislated or Board required analyses - Participate as a project team member on various compensation and benefits related projects To be eligible for this role you will require: - 3 to 6 years in a compensation and/or benefits role with good knowledge of compensation and benefits practices and principles to positively impact employee performance and business results Good knowledge of job evaluation methods; and high- level knowledge of salary markets in major countries where the organization operates (Canada, US, Continental Europe, Great Britain, South Africa, Australia, New Zealand, Latin America, China, Singapore, India) - Good knowledge of benefits policies, practices, and applicable laws - Advanced Microsoft Office skills specifically in Excel - Working knowledge of HR systems preferred. - influence business results/Customer focus/Ability to build strong relationships Key internal relationships: Director/Manager Compensation, HR Business Partners, HR Shared Services - Key external relationships: Compensation and Benefits survey companies Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days we regret to inform you that your application for this position was unsuccessful.

Mumbai

Specialist - Compensation & Benefits - FMCG 

Specialist - Compensation & Benefits - FMCG  ,Job Description for Specialist - Compensation & Benefits - FMCG  in Edge In Asia Recruitment Private Limited in  Mumbai for (3-6) years of experience. Apply Now!

Job Description for Specialist - Compensation & Benefits - FMCG  in Edge In Asia Recruitment Private Limited in  Mumbai for (3-6) years of experience. Apply Now!