17/08 Anima
Delivery Manager at Randstad India Pvt Ltd

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Specialist/Manager - Compensation & Benefit - BPO/IT/ITeS (5-19 yrs)

Hyderabad Job Code: 841071

We are currently hiring for Compensation & Benefit (Total Rewards) - Specialist (Manager) for a leading MNC client based at Hyderabad.

Responsibilities

- Administer, maintain and support global compensation programs and procedures, including base and incentive pay, compensation survey management, talent market comp analysis, and ad-hoc job analysis for all types of projects.

- Evaluate US-based jobs for federal wage and hour compliance; monitor and maintain state wage and hour compliance across similar job roles

- Update employee pay for compliance to US and state minimum wage, living wage, and job-specific pay ordinances

- Monitor, advise, and administer various incentive and commission programs

- Review and recommend competitive US salary placements for new hires, internal transfers and promotions

- Provide analytical support and data analysis on projects and human resource metrics

- Participate in and provide data input to multiple compensation surveys and total rewards trends surveys to collect and analyze competitive salary information to determine company's competitive position

- Develop and implement methodology to analyze global pay equity

- Develop and document procedures to streamline processes and ensures compliance with global regulatory requirements

- Maintain compensation data integrity in ADP and/or other HRIS

- Develop competitive global pay infrastructure, incorporating geographic differentials, and reflecting sound pay range practices.

- Develop salary structure containing pay ranges and market-based pricing strategies for org flexibility

- Create crosswalk of Milestone jobs (by client) to identified benchmark jobs. Share with & educate TA, Sales, HR teams.

- Determine how job pricing approach/practices integrate with comp philosophy; make appropriate course corrections.

- Assist in the development of a comprehensive global compensation philosophy covering base pay, shift differentials, rewards/incentives/bonuses

- Develop operational definitions on promotions and transfers; create related pay guidelines

- Establish & serve as single source of pay information, acting as resource for competitive pay, FMV, internal equity (globally)

- Provide job matching, job leveling, market competitive analysis and debriefings to HR, executive teams

- Develop job leveling guidelines for job families

- Launch ADP job description module enabling access to pay structures, job titles, pay grades, EEO classification, exemption status

- Launch standard, functional, multipurpose job description template; educate on importance to sales team, managers, TA. Utilize for job requisitions, job classification, exemption review

- Consult internal and external stakeholders on local market compensation expectations, industry best practices and compliance demands for all countries where Milestone operates.

- Engage management and functional leaders in Talent, HR, Operations and Sales as a business partner, problem solver, and mediator in the design, review and enforcement of business rules in areas of compensation policy and practice

- Assist in the development and dissemination of effective communication materials that enhance the understanding and value of compensation programs

- Provide information to employees, managers and Human Resources & Talent Acquisition regarding compensation programs and practices in support of the objectives and operation of the business

Qualifications :

- Bachelor's degree in business administration or other discipline involving the intersection of people and statistics

- 5+ years' experience as Compensation Analyst in a mid-to large sized global organization in a role requiring and acquiring demonstrable expertise in Compensation; understanding of finance fundamentals, statistics, cost analysis and computation and their impact on total rewards design, practices and administration

- Proven expertise in US compensation practices

- Advanced skills required to manage, analyze and report data using Excel, SharePoint, and payroll, talent management, human capital systems

- Proven expertise completing and submitting data for compensation surveys

- Experience project managing or significantly contributing to the development, localization and implementation of total rewards programs, projects or initiatives

- Proven ability to focus on details and deliver high-quality, accurate results

- Proven ability to adapt and overcome challenges by staying engaged, understand a business model and its operations to effectively recommend and implement total rewards programs

- Proven expertise in effectively managing competing priorities and deadlines to ensure consistent on-time response to stakeholder queries.

Women-friendly workplace:

Maternity and Paternity Benefits

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