Manager/ Team Lead- Compensation & Benefits
We have been mandated by a large reputed conglomerate in IT Services.
Job Purpose -We are looking for a compensation and benefits manager to plan and oversee our company's compensation and benefits programs. Incumbent will be responsible for reviewing and modifying existing programs, ensuring these comply with current legislation, supporting the recruitment process, and managing day-to-day compensation and benefits-related activities.
Key Responsibilities :- Evaluating and modifying existing compensation and benefits programs, policies, and procedures.
- Developing and implementing new compensation and benefits programs, policies, and procedures.
- Ensuring all programs, policies, and procedures comply with current legislation.
- Analyses different components of the remuneration scheme in the organization and prepares reports about the internal equity and external competitiveness.
- Leads and manages compensation projects for the entire organization.
- Participates as the team member in the strategic projects and initiatives.
- Design policies to close gaps in the compensation of employees (introducing the internal equity at affordable costs).
- Trains line managers in the complex usage of different HR and Compensation policies.
- Advices top managers in taking difficult decisions in the area of compensation, benefits and motivation of employees.
Desired Candidate Profile:- Master's degree in human resources management, business administration, or a related field.
- At least 5 years of experience as a compensation and benefits manager or in a related role.
- Experience managing benefits and compensation in a Human Resources Information System (HRIS).
- Excellent communication and organizational skills.
- Strong people and Project Management skills.
- Strong analytical, problem-solving, and decision-making skills.