Lead - Compensation & Benefits - Banking/Financial Services

Preferably looking candidates from Banking/Financial Services, as this is a lead role expecting at-least 8+ Years of experience in Compensation and Benefits.

Role Description :

- To develop and administer all human resource initiatives related to Compensation & Benefits and provide HR support to all- departments, In conjunction with other team members to ensure business growth through directing and managing business activities and deliver in accordance with the strategic objectives of the organisation.

Job Description :

- Accountable for end to end Compensation and benefits, HR Operations along with managing Reporting & Analytics

- People Management

- Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc)

- Demonstrated experience driving processes improvements and development of specific skills,

- Strong project management skills; ability to lead projects, to influence and obtain buy-in, and then drive execution and achievement of the right results

- Act as a consultant to internal HR leaders and Business Leaders

- Job mapping and Benchmarking

- Supervise and implement the organizational changes

- Coordination with appraisal process

- Providing compensation fitments and offer recommendation

- Responsible for India Annual Increments and pay-outs as per guidelines set and analyzing budget verses Actual Pay-out.

- Evaluation of C&B processes and policies to ensure they are current, competitive and in compliance with legal and local rules and regulations

- Analyse Market Data from Compensation & Benchmarking Surveys and recommendations on Compensation Structure, Salary, and Internal Parity Vs Market Competitiveness

- Preparation and presentation of functional activities to CEOs & BODs as and when required.

Lekhram Vishwakarma
Senior Consultant - HR (Talent Acquisition)