Sr Mgr - Comp & Benefits - Bank - XLRI/TISS

Compensation opening with Leading Pvt Sector Bank in Mumbai.

Grade - Chief Manager

Location - Mumbai

Key Responsibilities:

- Market Research on existing practices and changes incorporated in the industry as well as other sectors

- Compensation Strategy formulation

- Compensation Surveys and Benchmark Exercise

- Salary & Grade Fitments – standard matrix design and individual fitments at senior levels

- Periodically reviewing & revising benefits plans from a compensation / cost perspective

- Compensation Harmonization & Grade Integration (Mergers & Acquisitions)

- Manpower Cost Budgeting

- Promotion, Increment & Bonus Costing

- Formulating Employee Stock Option Plans

- Overseas Compensation- Formulate policy for each country/region and oversee the policy implementation

- Compensation & Benefits Consultation for group companies

- Reporting compensation data to the Board of directors and regulators

- Handling employee queries’ on compensation and benefits

Person Requirements:

- 2 year full time MBA in HR from institutes like XLRI/TISS/MDI/XIMB/SCMHRD/SIBM

- Atleast 6 - 10 years of post qualification experience

- Ability to process & manage large databases. Strong analytical & problem solving skills

- Ability to interact with diverse stakeholders

In case you are interested in pursuing this opportunity, please share your resume @ bhumika@peoplekonnect.co.in