AVP - Compensation & Benefits - BFS/IT

We are looking for AVP-Compensation & Benefits. Key points are -

- Employee Engagement

- OD Intervention

- Business Partnering

- Performance Management

- Performance Development

Jd

Compensation & Benefits:

- Compensation benchmarking and processing

- Board, Nomination and remuneration Committee, IRDAI approvals Liaison for compensation revision

- Managing IRDAI compliances pertains to Key Management person (KMP)

- Providing strategic inputs on the compensation philosophy, identify and institutionalize employee friendly incentive models for sales and non-sales force

- Design and implement Rewards and Recognition schemes for employees with focus on retention of top performers and critical role holders

- Liaison with external consultants to lead the industry wide compensation benchmarking exercise

- Design and implement employee friendly and tax compliant compensation structure

- Provide expertise in Job evaluation of defined roles in the organization using various tools

- Lead the Design and implementation of Performance Management System and process the annual appraisal cycle

- Conceptualize, design, implement and review employee friendly policies.

- Assist in presenting changes in HR policies and seek approvals from the Board (Remuneration Committee), wherever needed

- Benefits Administration of Car Lease, Medical Insurance, ESOPs etc.

Annual Budgeting:

- Finalization of Annual Operating Plan (AOP) for HR function with impact on the wage bill of the organization

- Design the long term strategy and execution of manpower planning and Hiring, in line with the Company's objectives

Anjali
0120-4999327