Manager - Compensation & Benefit - BFSI/NBFC

Compensation & Benefit - Manager - BFSI / NBFC

Job description:

- Design various compensation structures within the overall compensation philosophy of the Company in line with market practices for different business verticals

- Design of sales incentive plans

- Compensation benchmarking

- Design and implementation of KPIs for different verticals & performance tracking

- Annual compensation review & assessment process of the Company including ESOPs management

- Managing Compensation audits

- Manpower budgeting, redeployment & realignment initiatives

- Manage statutory & board compliances

- Continuous feedbacks to employees to help them develop their competencies and enhance effectiveness through various business specific initiatives including 360 feedbacks

- Incumbent will be responsible to execute performance management, leadership management and succession planning

- Responsible for interventions towards leadership development, understanding of organization's culture and effective management of internal stakeholders

- Design and implement framework for talent management and identification of talent pool

- Develop a robust pipeline through succession planning

- Implement the performance management philosophy of the organization and drive a culture in alignment with the ethos of the company

- Implement PMS on HRMS flawlessly