PI Industries - Manager - Compensation & Benefits

The role holder is responsible for planning, designing, implementing and administering a comprehensive total rewards strategy and programs for the Company. This position will research and bring in-depth understanding of external best-practices and innovative trends to apply them to Total Rewards programs and technologies. The primary function of the position is to manage all aspects of the employee benefits program. This includes health and welfare plans, retirement plans, life insurance, wellness programs and any other employee benefit plans offered. The selected individual will also be responsible for evaluating and making recommendations on compensation strategies to attract and retain talent.

- Plan, design, implement and administer a comprehensive C&B strategy and programs

- Strategically assesses the effectiveness of current programs in achieving organizational objectives; identifies best practices and benchmarks; and develops recommendations for modifications to align to HR strategy and business goals.

- Prepare the compensation and benefits budget, including the regular monitoring, reporting and adjusting of the budget

- Designs and develops compensation policies and ensure that compensation practices are in compliance with current legislation

- Coordinates C&B processes like the salary planning, bonus planning, new benefits introduction, etc.

- Participate in compensation surveys for benchmarking comp

Requirements & Skills:

- Extensive knowledge of compensation and benefit programs with a minimum of 10+ years of experience.

- Financial ability to identify and implement cost-effective programs.

- Proven working experience as a Compensation and Benefits Specialist

- Prior experience in HR practices and compensation cycle management

- Working knowledge of job evaluation and job analysis systems

- Graduate + Masters from reputed Institute / University