Posted By

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Anonymous

Human Resources at BFSI

Last Login: 03 January 2023

Job Views:  
464
Applications:  67
Recruiter Actions:  19

Posted in

HR & IR

Job Code

1181202

HR Manager - Compensation & Benefits - BFSI/FinTech

5 - 20 Years.Mumbai
Posted 2 years ago
Posted 2 years ago

Manager - Human Resources - Compensation & Benefits -BFSI/Fintech


Key highlights of the role are listed below (purely indicative and not limiting):

This role holder will be responsible for Compensation & Benefits (C&B), Talent Management, Performance Management, HR Policies & Organization Structuring / JD / KRP Designs, as part of Corporate HR Team.

C&B:

- Design compensation packages and bonus programs that align with the company's strategic plan

- Perform benchmark analyses of compensation and benefits and support in the C&B process

- Conduct ongoing research into emerging trends, issues, and best practices

- Prepare the compensation and benefits budget, including the regular monitoring, reporting, and adjusting of the budget

- Coordinate C&B processes like salary planning, bonus planning, new benefits introduction, etc.

- Analyze different components of the remuneration scheme in the organization and prepares reports about the internal equity and external competitiveness

- Design and develop compensation policies aimed at employee retention and employee welfare

- Assess employees needs by conducting surveys to find out what motivates and engages employees

- Deploy effective communication strategies

- Evaluate and report on the effectiveness of employee benefit programs

Talent Management:

- Provide professional expertise and support in the design, development and implementation of the talent review process that results in the creation of an internal bench of top talent.

- Develop framework for Identification of Critical talent and their Career Planning.

- Collect, analyze and maintain data gathered for targeted leadership development (e.g. succession planning).

- Ensure that organization-wide talent management initiatives are focused and aligned on improving operational and program efficiencies and effectiveness

- Recommend assessment tools to identify high-performing individuals and high potentials.

- Discuss career-pathing options with high-potential employees

- Conduct skills gap analyses to determine personnel needs

- Organisation structuring, Creating organizational charts and Job descriptions

- Manage employee exit processes, including conducting exit interviews

Performance Management:

- Manage the maintenance and governance of the performance management policy, including refining the company balance score card, timely performance review completion and education.

- Oversee execution through online performance management system.

Policies:

- Foster a great environment through reviewing HR policies and establishing right work culture .

- Assist corporate HR team members in areas covering employee engagement, performance management, organizational design, talent management, policy and process review.

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Posted By

user_img

Anonymous

Human Resources at BFSI

Last Login: 03 January 2023

Job Views:  
464
Applications:  67
Recruiter Actions:  19

Posted in

HR & IR

Job Code

1181202

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