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Deputy General Manager - Compensation an...

1.00 to 2.00 Years   Chennai (Tamil Nadu)   02 May, 2025
Job LocationChennai (Tamil Nadu)
EducationMBA/ PGDMAny Graduate
SalaryAs per Industry Standards
IndustrySoftware Services
Functional AreaHR/PM/IR/Training
EmploymentTypeFull-time

Job Description

SkillsKnowledge & Posting Location

  • CHANGE MANAGEMENT
  • COMPENSATION & BENEFITS
  • COMPENSATION AND BENEFITS MANAGEMENT
  • PROCESS IMPROVEMENT
  • BUDGET MONITORING
  • DATA ANALYSIS TOOLS
  • ADVANCE EXCEL
  • MARKET RESEARCH AND ANALYSIS
  • BEHAVIOURAL SKILLS STRONG CUSTOMER ORIENTATION
  • PROBLEM SOLVING SKILLS
  • ACCURACY
  • ATTENTION TO DETAIL
Minimum Qualification
  • BACHELOR OF SCIENCE TECHNOLOGY (BSC TECH)
  • BACHELOR OF COMMERCE (BCOM)
  • MASTERS IN HUMAN RESOURCE MANAGEMENT (MHRM)
  • MASTER OF BUSINESS ADMINISTRATION (MBA)
  • Analyze existing compensation data: To provide informed recommendations to standardise pay components.
  • System Implementation and Maintenance: Collaborate with IT, internal and external vendor teams to customize systems to meet organizational needs. Ensure seamless integration and alignment between HRMS, Payroll and C&B modules. Monitor system performance, pro-actively troubleshoot issues and oversee ongoing maintenance.
  • Process Optimisation: Develop and document standard operating procedures for Compensation & Benefits systems and processes. Automate manual processes and implement workflows to improve efficiency.
  • Data Analytics: Generate data analytics and reporting to provide insights into workforce trends, costs and ROI of benefits programs.
  • Annual Increment and Variable Pay Cycle: Run the Annual Increment and Variable Pay cycle.
  • Compensation Management: System generation and issuance of Annual Rewards & Promotion Letters.
  • Statutory Changes: Stay abreast of emerging trends impacting compensation practices and propose implementation solutions aligned with company policies.
  • Market Benchmarking of Compensation: Participate in market benchmarking periodically, use the data to design and update Pay Ranges.
  • Compensation Structure: Support the benchmarking of compensation structure with market periodically and suggest pay structure for relevant management cadre.
  • Special Projects: Design and implementation of special projects from time to time.
Key Interactions with:Internal
  • Senior Management
  • Talent Partners/HR Team
  • Business Leaders/Department Heads
  • Finance Team
  • Legal Team
  • IT/HRIS Team
  • Employees
External
  • Compensation Consultants
  • Regulatory Bodies
  • Industry Associations
  • Vendors/Service Providers
  • External Auditors
  • Labor Market/Job Market
Technical Skills:
  • Skilled in analyzing compensation data.
  • Attention to detail and a commitment to accuracy.
  • Hands-on experience in implementing and running C&B systems.
  • Proficiency in change management and process improvement.
  • Experience in leading merit and incentive programs.
  • Knowledgeable about compensation laws.
  • Competent in budget maintenance and reporting.
  • Advanced skills in Excel and data analysis tools.
  • Ability to monitor and analyze market salary trends.
Behavioral Skills:
  • Clear and effective communicator.
  • Strong team player with stakeholder engagement skills.
  • Excellent analytical and problem-solving skills.
  • Discreet in handling sensitive information.
  • Ability to manage strategic priorities with operational execution.
  • Efficient time management.
Locations
  • Deputy General Manager - Compensation
  • LNT/H-C-B/1290420
  • Head Office
  • Chennai Manapakkam
Posted On
  • 25 Feb 2025
End Date
  • 24 Aug 2025
Required Experience
  • 15 - 20 Years

Keyskills :
change management compensation & benefits data analysis tools process improvement market research hrms hris human resource management workforce compensation management mhrm time management behavioural skillspayroll

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