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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