Manager - Compensation & Benefit
- Responsible to conduct analyses of jobs, salaries, and incentives to evaluate internal equity, external competitiveness, and legal compliance of the organization's pay practices.
- Make recommendations regarding salary grades or market rates for specific jobs.
- Assist in the development of incentive programs and the administration of performance review and Annual merit increase.
- Review salary increases for compliance with organization policy and budget.
- Assists in the implementation and delivery of various Compensation and HR projects including performance management, monthly reporting, etc.
- Assists in managing Company's LTIP Program (ESOPs).
- Assists in implementing and administering compensation and incentive programs across the organization and participates in salary surveys to maintain current competitive data, summarizing analysis results.
- Assists in managing job documentation related databases and tables for job codes and job descriptions including the preparation and analysis of reports to ensure equity and competitiveness of all jobs.
- Creates job descriptions and maintains job description database. Researches, collects and analyzes data to determine appropriate grade level and title for proposed new jobs and re-evaluations of current jobs.
- Assists in market analyses to identify competitive practices and trends in specific geographic areas has significant presence.
- May provide support to HRIS (Human Resources Information System) team in compilation, analysis and delivery of reports.
- Lead the end to end management of performance cycles including Annual and Mid-Year Reviews for Management as well as LMS cadre employees.
- Act as specialist to frame and govern competitive benefit packages.
- Ensure compliance with all legal requirements related to compensation and benefits.
- Work with HR partners and business leaders to budget for and allocate costs associated with compensation and benefits programs.
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