Manager - Compensation & Benefits - Pharma/FMCG/BFSI

Designation : Manager Compensation & Benefits

Work Experience : 5+ Years

Qualification : Graduation/ MBA-HR

Job Location : Andheri, Mumbai

Job Summary :

- Must understand the organizational requirement and design the compensation plans

- Must be responsible for providing my recommendation and expertise on compensation and benefits policies, programs, plans and processes

- Responsible for presenting the yearly performance increment budget.

- To Prepare the Variable Pay Plan Budget for every Financial

- Responsible for all compensation based data analysis to determine the best pay and benefits plans for employee across levels.

- Partnering with business to evaluate the sales and revenue incentive plan and Career

- Progression Plan effectiveness, resulting in improved alignment with business strategy.-

- Implemented new sales Career Progression Plan which should result in decrease of attrition rate of employees.

- Should prepare project for Salary Benchmarking which can be implemented as a base for salary increment in PMS every year

- Effectively partner with the HR Generalist team to serve as the key advisor to client groups on all compensation related matters including new hire offers, promotions, salary adjustments, and counteroffers

- Must Evaluate and analyse the compensation structure across levels to propose the pay ranges for the organization.

Salary offered: 10-16LPA