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Global Compensation & India Benefits Partner

8.00 to 10.00 Years   Gurugram   23 Jun, 2022
AXA XL
Job LocationGurugram
EducationNot Mentioned
SalaryNot Disclosed
IndustryInsurance
Functional AreaHR
EmploymentTypeFull-time

Job Description

    Compensation Program Related - Work with internal HR team to address compensation-related issues; Provides advice on pay decisions, policy and guideline interpretation and job evaluation. Partner with recruiting team to discuss salary offers. Participate in and organize data from market compensation surveys to assist with ongoing competitive analyses and pay program assessment Participate actively on teams to develop, enhance, and support compensation tools. Respond to managers compensation-related questions/issues Assist with assessment of current compensation levels and mix relative to the external market and to internal peers Provide explanation of compensation programs - salary merit process, bonus plan, long-term incentive plans, and deferred compensation plans - to employees, as needed Research compensation issues and disputes and provide analysis to facilitate resolution Manages / Oversees all compensation changes in the region that happen year round and ensure consistency, market aligned (internal & external) decisions. Expected to manage payround for the region with specific emphasis on conduction regional calibrations at various leadership levels Responsible for ensuring compensation programs remain aligned to statuary requirement, should be proactive to suggest/manage on-coming statutory changes impacting compensation Responsible for end to end contracting of all Compensation related contracts.Benefits Program Related - Partners with external brokers to address benefit-related issues Provides advisory to on benefit program designs, policy and guideline interpretations. Participate in and organize data from market compensation surveys to assist with ongoing competitive analyses and benefit program assessment Respond to managers benefits-related questions/issues Drives assessment of current benefits relative to the external market Provide explanation of benefits programs Responsible for contracting related to market data and benefits. Responsible for ensuring benefits programs remain aligned to statuary requirement, should be proactive to suggest/manage on-coming statutory changes impacting benefits. Responsible for end to end contracting of all Benefits related contracts. Legal signatory for statutory benefits.Shareplan This is an AXA specific benefit that allows employees to buy AXA shared at a discounted price. The role holder will be the program manager and administrator of Shareplan regionally., *We are looking for candidates with below skills & qualification: 8-10 years of experience with compensation and/or financial analysis and modeling preferred The ability to multi-task is essential Must possess strong analytical and problem solving skills; strong Excel skills are vital Specific technical expertise in multiple of the following: Salary survey participation, market data analysis, leading moderately complex projects, job evaluation, salary range analysis required and HRIS reporting and HR Operations experience preferred. History of quickly building relationships and gaining credibility with human capital peers; excellent oral and written communication/interpersonal skills are necessary Experience working in a human resources shared service delivery model strongly preferred. Experience working in a matrix environment preferred.

Keyskills :
market datadata analysispossess strong analytical

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