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Job Location | Vishakhapatnam |
Education | Not Mentioned |
Salary | Not Disclosed |
Industry | Management Consulting / Strategy |
Functional Area | SBU Head / CEO / Director |
EmploymentType | Full-time |
- We are handling a mandate for a Client and we are trying to identify Senior Compensation & Benefits Head to join its dynamic Human Resources team. - The successful candidate will serve as a member of our Compensation Center of Excellence within the HR team and provide hands-on analytics, support, and recommendations to administer and improve our compensation programs designed to support the growth of the business, our employees, and the companys overall mission.- This expert will conduct benchmarking research, compensation studies, analyze and maintain compensation data structure and integrity, design and recommend programs and contribute greatly to compliance efforts. - This position will be an active partner in both driving the total rewards philosophy which attracts and retains top talent and designing processes that keep in compliance with all regulations associated with pay, benefit, and retirement programs. - The role will be strategic, but also hands-on, and will ideally have a mix of large company experience coupled with entrepreneurial, high-growth company experience.Job Responsibilities :- The compensation, benefits, and reward schemes that these HR professionals manage are not only important for retaining and motivating employees, but also for attracting new people. - Salary and incentive packages are one of the main reasons why people apply for specific jobs. - The more attractive compensation and benefits schemes tend to generate more interest in new positions/hires.- Collaborate with HQ compensation team to interpret job descriptions, job summaries, and associated skills for accurate job matching and compensation benchmarking.- Administration of job slotting data, job descriptions, databases, and tables related to job codes, compensation grades, and job families- Participates in compensation surveys to collect and analyze competitive salary information to determine the companys competitive position.- Analyze salary data from a market analysis perspective to support development and maintenance of salary structures within the organization, identify trends & possible inconsistencies, running eligibility reports, conducting data integrity audits, and providing analytics.- Drives continuous validation of market data, job matches, and job descriptions with the leadership team to ensure consistency and quality- Support the HQ compensation team to prepare data-based decisions spreadsheets using various methods and techniques; provide support on data analysis, tracking, and reporting for the annual compensation review meetings.- Partner with Talent Acquisition and HRBPs to source new-hire compensation data and any B.I. data on exits, data to be utilized to validate market ranges on an ongoing basis.- Support HQ HR team for the administration of Total Rewards statement to conclude the annual merit cycle.- Work on special projects, such as process improvement, process documentation, benchmarking, etc.- Seek opportunities for process improvements through automation or integration of systems,
Keyskills :
accountancysalary structuresmatchingspecial projectsmarket analysishuman resourcesdata analysisfinanceltdcenter of excellencedata integritymarket datamissalescompensation benefits