Deliverables: - Possess both Design and Implementation experience in the area of Compensation and Benefits - Researching compensation and benefits policies and plans - Ensuring compensation and benefits plans are cost-effective and competitive - Monitoring and researching compensation and benefits trends - Comparing benefits and compensation plans, job classifications, and salaries through data and cost analyses - Designing reports and recommendations based on research and analysis for senior executive team - Preparing and updating job descriptions and occupational classifications - Ensuring Bank's compensation policy is compliant with various laws - Collaborating with outside vendors, such as investment brokers and benefits vendors Compensation - Assessing the Bank's pay structure - Researching compensation trends and reviewing compensation surveys - Evaluating compensation policies, Bonus Policies, Incentive Structures - Ensuring that the pay practices comply with laws and regulations Benefits - Administering the Bank's benefits programs (e.g., retirement plans, leave policies, wellness programs, insurance policies, etc.) - Researching and analysing benefits plans, programs, and policies - Making recommendations based on data analyses - Monitoring government regulations, legislation, and benefits trends - Working with insurance brokers and benefits careers - Managing the enrolment, renewal, and distribution processes

Chennai

Vice President - Compensation & Benefits - Bank 

Vice President - Compensation & Benefits - Bank  ,Job Description for Vice President - Compensation & Benefits - Bank  in GrowValue HR Solutions Private Limited in  Chennai for (10-15) years of experience. Apply Now!

Job Description for Vice President - Compensation & Benefits - Bank  in GrowValue HR Solutions Private Limited in  Chennai for (10-15) years of experience. Apply Now!