We are looking for an MBA from a Premier B School for the role 'Compensation & Benefits' . for a leading conglomerate into IT Engineering Services
Location : Mumbai
Role : Compensation & Benefits
Desired Profile :
Education : MBA HR from a premier B School
Experience : Minimum 6 months in compensation/total rewards
Salary : Best as per standards
Responsibilities :
- Prepares the compensation and benefits budget, including the regular monitoring, reporting and adjusting of the budget
- Coordinates C&B processes like the salary planning, bonus planning, new benefits introduction, etc.
- Designs and develops compensation policies
- Analyzes different components of the remuneration scheme in the organization and prepares reports about the internal equity and external competitiveness
- Designs and develops different schemes of the variable remuneration (incentive schemes for the Sales functions, bonus schemes for the Back Office and Enabling functions)
- Closely cooperates and manages the relationship with the external compensation consulting company
- Participates as the team member in the strategic projects and initiatives
- 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
Key Skills :
- Strong and proven analytical skills
- Excellent MS Office skills (MS Excel, MS PowerPoint)
- Excellent Communication skills
- Team Player
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