COE - Compensation & Benefits, Rewards
Experience : 5 - 12 Years
Job Location : Gurgaon
Responsibilities :
- Define a fair, equitable and competitive total compensation and benefits package that fits and is aligned to our company's strategy and business goals
- Develop a consistent compensation philosophy in line with the work culture and organizational objectives
- Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc)
- Use various methods and techniques and make data-based decisions on direct financial, indirect financial and non-financial compensations
- Researching compensation trends and reviewing compensation surveys
- Assess employees needs by conducting organizational psychology surveys to find out what motivates and engages employees
- Prepare job descriptions, job analysis, job evaluations and job classifications
- Participate in salary and labor market surveys to determine prevailing pay rates and benefits
- Differentiate pay systems to invest in the segments of the workforce that contribute the most value
- Deploy effective communication strategies and success metrics
- Conduct ongoing research into emerging trends, issues and best practices
- Conduct periodic audits and prepare reports
Requirements :
- Proven working experience as a compensation and benefits specialist
- Prior experience in HR practices and compensation cycle management
- Working knowledge of job evaluation and job analysis systems
- Previous experience with organizational psychology and labor market surveys
- Adequate knowledge of current labor rules and regulations
- Familiarity with various types of incentives and benefits
- Extensive knowledge of HRIS and MS Office
- Strong quantitative and analytical skills
- Good education Qualification (tier 1 preferred)
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