Sr. Executive - HR Operations - Compensation and Benefits

Published date: 2024/01/10
  • Location: Mumbai, Maharashtra, India
आवेदन करें
Sr. Executive - HR Operations - Compensation and Benefits
C
CIRCOR
मुम्बई, महाराष्ट्र
आवेदन करें
20 घंटे पहले
फ़ुल-टाइम
JOB ROLE: Sr. Executive – HR Operations

BUSINESS: Industrial Pumps India

LOCATION: Thane / India

DIRECT REPORTING: HR Director India

FUNCTIONAL REPORTING:

Position Summary:

This position will be responsible for driving HR Operation task which includes managing Payroll, Statutory Compliance, Compensation, HRIS & MIS. The role demands regular collaboration with the respective HRMs, Functional stakeholders & External partners to ensure uninterrupted and on-time delivery of services.

Job Responsibilities:

HR Operations:
• Ensure timely processing of monthly payroll related information and Full & Final settlements as per timelines.
• Ensure that the Annual Increments, Bonus and other earnings are disbursed within timelines.
• Liaison with Internal and external partners for resolution of any payroll problems/concerns.
• Process owner for all Record Management pertaining to Employee’s Personnel Files, Attendance Data, Leave Data, Salary payments etc. during the employee lifecycle.
• Ensure entitlements and statutory pay out to employees is done as per SOP and TAT.
• To manage and conduct all Employee Relations procedures and provide support to HR Business Partners on disciplinary, grievance, performance management and redundancies, conducting Exit interviews, coordinating the employee’s exit and tracking status of full & final settlement.
• Ensure all data updation related to new joiners, employee data change and Exits are done on time as per the SOP.
• Outsource Manpower vendor management.

Compensation & Benefits:
• Keeping track of compensation policies, government regulations, and prevailing wage rates to ensure compliance with legal requirements.
• Coordinates and provides guidance to put up proposals to the management for compensation change reviews.
• Ensure updated and robust compensation data for all positions for reference at the time of making an offer to new candidates.
• Design, evaluate and modify benefits policies to ensure that existing programs are current and competitive.
• Ensure timely renewal of all Employee related Insurance policies.
• Prepare and distribute written communication to inform employees of benefits, compensation and HR policies.
• Responsible for ensuring that all compliances including labour law compliances and under Shops & Establishment as applicable are complied with.

Policies and Protocols:
• Ensures HR policies, systems and processes are in place in consultation with the leadership team. Develops new policy initiatives to align these with the needs of the changing market place.
• Ensures that the key features of the policies and procedures are communicated and understood by the employees and becomes a part of the Induction Process.

Management Information/Reporting:
• Monthly/Annual MIS to be prepared as per function/region requirements.
• Need based MIS for Vertical Heads on elements like Costs, Recruitment, Attrition, Wage bill run rate, Referral Incentives etc.

Job Requirements:

Required skills & qualifications:
• Graduate with 6+ yrs. of experience in Payroll, Compensation & Benefits and Statutory compliances..
• An additional degree / diploma in HR will be preferred.
• Should be proficient in Advance Excel (Vlookup, Mail merge, excel formulas)
• High customer focus, analytical,
• High affinity for new HR trends and systems

CIRCOR is an EEO Employer of Females/Minorities/Veterans/Individuals with Disabilities

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Job Snapshot

Employee Type
Full-Time

Location
Mumbai, Maharashtra (Onsite)

Job Type
Human Resources

Experience
Not Specified

Date Posted
07/17/2023
Company Name: CIRCOR

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