Compensation & Benefits Role - Retail/FMCG/BFS

Looking for experience between 6 years to 12 years

Compensation Bench-marking

- Actively work on compensation bench-marking study for various sponsored and forum based surveys.

- Work closely with Business HR Team for evaluating compensation needs for business verticals.

- Analysis basis comp survey outcome, internal parity and input for decision on compensation.

Compensation Review Process:

- Actively work on annual compensation budgeting, simulations & planning for execution.

- Work with Business team for finalizing the compensation, rating normalization process and building the proposals as per the plan.

- Interact with leadership team for comp review process.

- Actively involved in the roll out and conclusion of the process.

- Handle off cycle comp reviews.

- Proactively review compensation of employees in the respective business segments based to internal comp, market comp and retention challenges.

Compensation Analytics:

- Comp Analytics pre, during and post compensation review cycle.

- Comp analysis basis internal, market benchmark data, hiring data and other market insights.

- Industry trends/Market insights on compensation for the area of business.

- Variable pay linkage analysis with business output, productivity and earning analysis.

- Propose interventions based on comp analysis for retention, proactive corrections & productivity improvement.