Specialist - Compensation & Benefit - FMCG/Manufacturing Firm

Looking for a candidate who is core into the Compensation & Benefit Job Role.

Job Purpose:

Plan and support rewards portfolio mainly managing new initiatives & Projects. Create holistic reward analytics & continuous improvement plans to strengthen the rewards portfolio.

Key Job Responsibilities:

- End to end Employee Lifecycle management (VP/EVP)

- Role alignment, Annual KPI Mapping, Target letter preparation.

- Annual Bonus Process, monthly accrual and final calculation.

- Work with vendors on compensation benchmarking as per business requirement.

- Analyse and study survey data and send findings for recommendations on compensation as per requirement.

- Annual pay budgeting, Pay planning and Pay letter distribution.

- Employee share Grant nomination and approvals

- All sort of communication at BU and country level for various R&R schemes

- Pay correction, letter revision, Retention and one time payments

- Communication with BU leaders on necessary approvals, paperwork and open issues.

- Annual Performance Management, HR Calibration and spearheading the yearly campaign.

- Handling queries related to C&B and coordinating with various stakeholders.

- Supporting STR team on the Successor planning and identifying Top talents.

- Data analytics and reporting for Group purpose.

- Part of Group projects to support various compensation programs and help in designing and implementation across the geographies.