Senior Manager - Employee Compensation & Benefits - BFSI

Senior Manager Employee Compensation & Benefits:

1. Handling Comp & Benefits of Employees

2. Monitoring the organization's salary structure and benefits provision to attract & retain manpower

3. Benchmarking, salary fixation and designing the salary structure based on the Market Survey

4. Income tax and IT Returns

5. Authority of MIS for decision making

6. Taking care of Insurance coverage for all the employees

7. Taking care of Employee Statutory Benefits

8. Attrition analysis, consultation and reporting to Top Management

9. Preparing budgets as per the projected hiring numbers, analyzing the variance between budget and actual

10. Calculating bonus as per eligibility, Validating business recommendations and calculating Bonus

11. Handling the Final Settlement process

12. Defining policies on employee benefits etc..