[24]7 Inc - Compensation & Benefits Professional

HR - Compensation & Benefits

Department: Human Resource Development

Location: Bangalore

Stream: Compensation & Benefits

Reports to: Senior Director Reportees: None

Statement of Purpose for this role

To support and carry out C&B related activities

Summary of essential job functions

Handling Core activities of C&B

Job Responsibilities

Experienced professional involved in implementation of a broad range of reward practices and policies. Works with finance in collating information relevant to monthly payroll rollout Support senior colleagues in rolling out merit salary increases or promotions related increases by organizing data. Prepare trends, reports for management to take decisions on various C&B & Performance Management issues. Handle variable pay-outs for the organization on a monthly and quarterly basis.

Minimum requirements (Education Qualification & Work Experience)

Education Qualification Graduate or above in any discipline

Work Experience

Minimum 1- 2 years experience in Compensation and Benefits function in an IT/ITES sector.

Certification / Trainings if any Should be good in MS office tools especially MS Excel.

Hiring Competencies:

Technical Competency Ideal Hiring Competencies

Business Analysis

Identifies customer expectations, objectives and seeks to identify improvement opportunities within the project

Database Design and Management

Designs, implements and maintains databases. Applies knowledge of database design and business applications to complete specific assignments. Provides assistance to end-users.

Excel Skills

This level of skills is required to use techniques for analyzing and manipulating data in excel. Use mathematical, logical, statistical, and financial functions.

Statutory laws

Awareness of statutory laws with regard to compensation and benefits like PF, Gratuity, Statutory Bonus, Minimum Wages, ESI and other benefits

Market Research

This Level of skills is required to understand survey model, requirements and should be able to respond to survey questionnaires. Well versed in making compensation reports as per survey design.

Behavioral Competency Ideal Hiring Competencies

Values and Ethics

Aligns team with organization's values and ethics - Fosters a climate of trust within the work team. - Implements processes and structures to deal with difficulties in confidentiality and/or security. - Ensures that decisions take into account ethics and values of the organization and Public Service as a whole. - Interacts with others fairly and objectively.

Initiative

Acts promptly in a crisis situation - Acts quickly to address a crisis situation drawing on appropriate resources and experience with similar situations. - Implements contingency plans when crises arise. - Exceeds requirements of job; takes on extra tasks.

Partnering

Seeks out partnership opportunities - Initiates partnership arrangements that promote organizational objectives. - Assesses the value of entering into partner relationships in terms of both short- and long- term return on investment. - Develops new and mutually beneficial partnerships that also serve the interests of the broader community. - Identifies benefits of a partnership and looks for ways to add value for the partner.

Planning and Organizing

Develops plans for the business unit - Considers a range of factors in the planning process (e.g., costs, timing, customer needs, resources available, etc.). - Identifies and plans activities that will result in overall improvement to services. - Challenges inefficient or ineffective work processes and offers constructive alternatives. - Anticipates issues and revise plans as required. - Helps to remove barriers by providing resources and encouragement as needed.

Analytical Thinking

Analyses complex relationships - Analyses complex situations, breaking each into its constituent parts. - Recognizes and assesses several likely causal factors or ways of interpreting the information available. - Identifies connections between situations that are not obviously related.

Organizational/Values Competency Personifier - To be the embodiment or perfect example Respect Personifier Transparency Personifier Ownership Personifier Results Personifier Team work Personifier