Compensation & Benefits Mgr - IT/ITeS

Job Description

Job Title: Manager – Compensation

Location: Bangalore

Experience: 7-12 Years

Qualification: Any Graduate / MBA HR will be preferrable

Industry: IT / ITES

Job Summary:

- The Compensation team supports end to end planning and execution of compensation budgets and programs for the country/ entity in the country. This position is also responsible for designing and overseeing the implementation of specific components of complex compensation programs and initiatives, ensuring appropriate local implementation in the context of global guidelines. Role holder manages customer relationships with contacts from a variety of global and local groups, drives resolution of compensation issues and questions, and serves as a senior resource that provides guidance to less experienced team members and groups.

Key Responsibilities:

- Supports the Senior Manager Compensation for DC-T in all areas of compensation.

- Overall planning of compensation – Budgeting/ forecasting, program manage compensation planning for DCN-T Compensation in India and ensuring inputs to relevant finance teams to build rate cards

- Designs pieces of complex compensation programs, resulting in significant and long term changes to the company’s compensation offerings and policies, ensuring optimal budget utilization.

- Oversees the implementation of specific components of complex and large scale global compensation initiatives, ensuring appropriate local implementation in the context of global guidelines.

- Designs and develops training, education and communication materials for the implementation of global/ local compensation programs.

- Drives resolution of compensation issues, and independently makes recommendation for optimal solution in situations where issue is complex.

- Manages customer relationships with contacts from human resources, finance and the business, and builds new relationships outside team where appropriate.

- Drive refinement of the Market Intelligence processes and deliverables to ensure client expectations and deliverables are met on time and with quality

- Accountable for market data collection, analysis and target development. Ensure market data analysis and recommendations are aligned with the compensation and benefits/pension strategy and direction for the GU/Country

- Analyze performance metrics. Provide specialty reporting and data analysis as required. Identify trends, potential areas of non-compliance with legal requirements and opportunities for performance improvements within the function

- Serves as an SME and advisor to HR and recruitment teams as needed in all aspects of compensation design, planning and administration processes, and counseling on customization of programs at a local level.

- Applies comprehensive functional knowledge in compensation and serves as a senior resource providing guidance to less experienced team members.

- Develops and shares knowledge capital in the compensation area.

- Provides input to capital budgeting for area and ensures that team adheres to budget.

- Help in tools implementation for the compensation function in respective area.

If interested kindly share your profile to kusum@hr-access.com

Kusum Singh