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Compensation & Benefits Advisor

7.00 to 12.00 Years   Bangalore   26 Nov, 2019
Novell Software Development India Pvt Ltd
Job LocationBangalore
EducationNot Mentioned
SalaryNot Disclosed
IndustryFurnishings / Sanitaryware / Electricals
Functional AreaGeneral / Other Software
EmploymentTypeFull-time

Job Description

Job Description

  • Plans, designs, develops, analyzes, communicates, and implements.
  • Total Rewards (TR) strategies and programs consistent with the company business and HR strategies across the businesses, functions, and/or geographic areas of the company.
  • Consults with and trains business leaders to develop, plan and implement TR solutions to address unique organizational needs and requirements.
  • Manages consultants, vendors, employees, and third parties in a heavily matrixed organization to ensure program delivery.
  • Analyzes and interprets internal and external data to model changes to various reward elements such as base salary, short-term incentives, long-term incentives, health and welfare, and retirement programs.
  • Examines impact of rewards on the total organization and various sub-groups including Board members, executives, sales employees, and specific business segments.
  • Monitors legal and regulatory changes to ensure compliance.
  • Integrates reward programs with complimentary systems (e.g., Performance Management and Talent Management).

Responsibilities:

  • Applies specialized total rewards knowledge to implement programs and initiatives and contribute to program design.
  • May manage the total rewards function within a country by aligning local programs with overall compensation and benefits strategy.
  • Analyzes survey, employee, and financial data to summarize findings, draw conclusions, and make recommendations about total rewards programs to project teams.
  • May manage compensation or benefits projects of moderate complexity.
  • Establishes and maintains relationships with business or functional leaders.
  • May support or project manage benefits delivery including partnering with vendors.
  • May conduct due diligence and analysis for MADO transactions.

Education and Experience Required:

  • First-level university degree or equivalent experience.
  • Typically 7-12 years related experience in compensation, benefits, finance, and/or human resources.

Knowledge and Skills:

  • Systematic understanding of total rewards, as well as other HR functions.
  • Developed knowledge of the legal and regulatory environment as it relates to employee compensation and benefits.
  • Strong communication skills.
  • Solid financial and business acumen.
  • Demonstrated project management skills such as planning, execution and
  • implementation.
  • Expert knowledge of Excel.
,

Keyskills :
duediligence financialdata rewardsprograms managementskills projectmanagement hr it draw sales salary survey finance welfare rewards business planning analysis benefits erf mancemanagement vend

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