Compensation & benefit Specialist
Published date: 2024/01/10
- Location: Pune, Maharashtra, India
3 - 6 years
MBA/PGDM
C&B
18 lkh ~ 20 lkh
Roles & Responsibilities – C&B
Support in design and implementation of organizational compensation framework, ensuring all policies are in line with relevant legislation.
Assist and collaborate, as appropriate, in the planning, coordination, facilitation, administration, and reporting of the annual salary review program
Execute all activities to ensure successful implementation of increment framework- merit increase/promotion increase/salary correction etc.
Support in development of and implement the LTI & STI framework (Incentive)
Research and analyze competitive compensation practices in the job market, develop and implement compensation surveys, liaisoning with HR consultants to gather market information as necessary.
Perform all activities related to compensation operations.
Ensure timely onboarding, renewal and billing of all compensation vendors
Resolve salary and other reimbursement related queries / concerns of employees on an ongoing basis, ensuring all resolutions are in line with established policies and procedures.
Desired Profile
MBA HR with 3-5 yrs of experience in C&B domain; payroll exposure shall be ok for the candidate with right aptitude.
Strong working knowledge of HR policies, processes & industry practices
Ability to objectively analyze current practices, identify improvement opportunities, create buy in and drive implementation.
Knowledge of the legal and regulatory environment as it relates to employee compensation and benefits, including emerging legislation.
MBA/PGDM
C&B
18 lkh ~ 20 lkh
Roles & Responsibilities – C&B
Support in design and implementation of organizational compensation framework, ensuring all policies are in line with relevant legislation.
Assist and collaborate, as appropriate, in the planning, coordination, facilitation, administration, and reporting of the annual salary review program
Execute all activities to ensure successful implementation of increment framework- merit increase/promotion increase/salary correction etc.
Support in development of and implement the LTI & STI framework (Incentive)
Research and analyze competitive compensation practices in the job market, develop and implement compensation surveys, liaisoning with HR consultants to gather market information as necessary.
Perform all activities related to compensation operations.
Ensure timely onboarding, renewal and billing of all compensation vendors
Resolve salary and other reimbursement related queries / concerns of employees on an ongoing basis, ensuring all resolutions are in line with established policies and procedures.
Desired Profile
MBA HR with 3-5 yrs of experience in C&B domain; payroll exposure shall be ok for the candidate with right aptitude.
Strong working knowledge of HR policies, processes & industry practices
Ability to objectively analyze current practices, identify improvement opportunities, create buy in and drive implementation.
Knowledge of the legal and regulatory environment as it relates to employee compensation and benefits, including emerging legislation.
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