Specialist - Compensation & Benefits - Investment Bank - XLRI/TISS/SCMHRD/MDI/FMS

Summary:

This position is part of the India HR team responsible for managing the manage reward and performance processes and delivering the manage reward and performance products and solutions in the company India context. This position is responsible for providing ongoing manage reward and performance education to hr and business to ensure understanding of manage reward and performance processes and governance requirements. This position is also responsible for ensuring fulfillment of statutory and regulatory requirements within the manage reward and performance context.

PG/MBA only from XLRI/TISS/MDI/SCMHRD

Key requirements -

- Implementation and application of global manage reward and performance processes and products in India

- Develops first-level straw-man for any new manage reward and performance initiatives/ adaptations for India and engage regional manage reward and performance

- Managing compensation bench marking exercise including liaison with regional manage reward and performance and service providers

- Local coordination of global annual year end compensation process and any off cycle processes

- Manage local manage reward and performance communication requirements including employee handbooks and hr connect content

- Local facilitation for company compensation plans and benefit programs and governance requirements

- First level conceptualization and engagement on local EVP delivery including benefit and wellness programs

- Education of hr teams and businesses on company's manage reward and performance philosophy, practices and decision-making processes to ensure understanding and adherence to manage reward and performance processes and governance requirements

- Ensures compliance with global/ local statutory/ regulatory requirements and face off with auditors/ regulators

- Management of external service providers in necessary engagement with internal company stakeholders

- Provides manage reward and performance advisory expertise for the solution of local business needs, complex individual queries, project-related initiatives and general implementation of manage reward and performance products and solutions