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Compensation Benefits Manager

Alp Consulting Ltd.Bengaluru, Karnataka, India

26 days ago

Job description

Responsibilities

Lead and manage compensation and benefits process for the OSBI, which includes monitoring and managing performance appraisal

systems, short term incentive plans, salary benchmarking, benefits benchmarking & renewals.

Oversee the company salary and benefit structure and well as lead competitive market research to establish pay practices and systems

for effectiveness.

Leading the annual salary review, considering internal & external parity for salary revision and promotion recommendation.

Salary benchmarking for different grades and designations and deriving benefits accordingly.

To lead and manage changes in compensation and benefits structures, ensuring a smooth transition for employees

Ensuring that solutions are compliant to existing governmental and labour requirement, protect the interest of the organization in

accordance with HR policies

To oversee the administration activities relating to C&B from remuneration review including all allowances, Pay for performance, Design

and Calculation

Strategizing, leading and managing all projects, related to employee compensation and benefits

Rack and identify trends in benefits program data to assist in making recommendations for management.

Provide analytical support like pay trends, cost of labour, recommendations on salary packages, review benchmark positions.

Providing input on the Function's budget requirements and accordingly control expenses of the Reward Function, ensuring it stays

within its operating budget

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Manager Compensation • Bengaluru, Karnataka, India

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