- Reporting into Head of HR, Compensation and Benefits Specialist is expected to oversee and administer the compensation, benefits and rewards for our employees.
- The incumbent will focus on attracting, retaining and motivating high potential employees to reduce turnover and enhance the company's profile as an ideal place to work.
- Deliver value through Total Rewards Strategies, policies and solutions that enhance the attraction and retention of top talent.
- Assess the organizations competitive positioning in the market, identify areas of correction or gaps and propose necessary interventions.
- Design skill-based hiring ranges based on internal and external market inputs.
- Build and present various models to the leadership in order to assess the financial impact for salary increase and bonus budgeting.
- Incubate, implement and drive various compensation programs including Market Benchmarking, Merit Increase, pay for performance programs and compensation planning etc. for diverse job profiles.
- Defining equitable, competitive and fair compensation and benefits packages that fit and are also in accordance with our business goals and strategies.
- Developing consistent compensation policies in accordance with our organizational objectives and work culture.
- Ensuring that all compensation practices comply with current legislation and laws.
- Assessing the needs of employees by conducting organizational psychology surveys for finding out what engages and motivates them.
- Using various techniques and methods for making decisions on direct and indirect financial compensations as well as nonfinancial compensation.
Qualification & Industry experience: Desired Candidate Profile - Post graduate degree in HR (Specialization in Career Development & PMS)
- Minimum relevant experience of 5 years in Big 4, Investment Banking Captives and FinTech start-up environment.
- Minimum 3-4 years of experience across different facets of Total Rewards covering Compensation and Benefits operations, designing rewards programs and solutions that align with unique needs of business.
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