JOB DESCRIPTION:

1. PURPOSE OF THE JOB:

To Lead Compensation & Benefits Strategy for the Organization. Drive strategic Projects/Programs in C&B domain in partnership HR Leaders and Senior Leadership.

Job Context:

- Responsible for Job Evaluation, HRIS Implementation, PMS, Merit Increase, Compensation Benchmarking and Variable Pay.

Challenges:

- Incumbent should be able to work/support in establishing the C&B function in organization.

2. DETAILS OF THE JOB:

Designation & Job: Manager - C&B Level: M04

Business Unit: VBL Corporate Function: Human Resources

Country: India Work Location: Gurgaon

Reporting Manager: Head of Compensation & Rewards Manager's Manager: Group CHRO

3, KEY ACCOUNTABILITIES:

Accountabilities Scope of work

- Job Evaluation Require Active Support in Job Evaluation process in organization.

- HRIS Implementation Require Active Support in HRIS implementation in organization.

- Compensation Management Support the development, review and implementation of compensation and benefits programs under the Total Compensation Framework.

- Compensation Management Coordinate and provide support in various annual C&B exercises, such as pay review, benefits review, staff cost budgeting, etc

- Compensation Survey Participate in salary and benefits benchmarking, analyze market data and provide recommendations for enhancement.

- Manpower Planning and Budgeting Control the annual compensation budgets planning, forecasting, reviews and analysis.

- Position Management Control the Headcount & Employee cost through carefully managed position management.

- New Initiatives Support business by undertaking various C&B projects.

4, KEY INTERFACES:

- External Interfaces Internal Interfaces

- HR Consultants i.e. Aon, Mercer, Willis Towers Watson

- Business Heads, Functional Heads and Site Heads

5, EDUCATION & EXPERIENCE:

- Indicate the education level, previous experience, specific knowledge, skills and abilities required to meet minimum requirements for this Job..

Education Qualification (Highest) with Target Institute(s):

- MBA in Human Resources Management or related subjects. 10+ years relevant experience in sizable or multinational companies.

Desired Certifications:

- Certification in Compensation & Benefits/ Total Rewards

Experience Range:

- 10 - 14 years

Desirable experience:

- Knowledge of Job Evaluation Process and HRIS Technology implementation would be an added advantage.

- Passion for market data and analytical eye and skilled communicator Advanced MS Excel and MS Power Point skills

6, SKILLS REQUIRED:

Skills Description Proficiency Level

(General Awareness; Working Knowledge; Functional Expert, Mastery )

Functional Skills

- Good Knowledge of

- Compensation Benchmarking,

- Job Evaluation

- MS-Excel Functional Expert

Behavioral Skills:

- Good Interpersonal Skill

- Good Communication Skill Expert

- General Awareness: Knows the fundamental or general understanding of concepts.

- Working Knowledge: Has broad job knowledge; knows and applies the full range of concepts and practices. Has broad / working knowledge of the subject. Candidate should use these concepts in day to day practices.

- Functional Expert: Candidate is certified functional expert with strong knowledge on concepts.

- Mastery: Candidate is subject matter expert and has command over the subject/ concepts.