Manager - Compensation & Benefits - BFSI/FinTech

Manager - Compensation & Benefits - Mumbai - 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), Performance Management, HR Policies 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

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. 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.