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Compensation & Benefits - Manager

Compensation & Benefits - Manager

ConfidentialPune
24 days ago
Job description

We seek a Compensation & Benefits Manager at an Expert Level who shares our passion for innovation and change.

Responsibilities :

  • Design compensation packages and bonus programs that align with the company's strategic plan.
  • Ensure salaries and benefits comply with current legislation regarding human rights and pay equity.
  • Identify trends and implement new practices to engage and motivate employees.
  • Conduct research on employee satisfaction (e.g., using surveys and quantitative data).
  • Renew our compensation plans with monetary and non-monetary benefits based on employee needs.
  • Keep track of prevailing pay rates and ensure we offer competitive compensation plans.
  • Draft job descriptions, job analyses, and classifications.
  • Structure compensation in ways that will yield the highest value for the organization.
  • Evaluate and report on the effectiveness of employee benefit programs.
  • Track compensation and benefits benchmarking data.
  • Own / support budget decisions for compensation changes, working with global teams in finance and compensation.
  • Work with market benchmarking agencies to provide compensation data and analyze reports provided by these agencies to make decisions on strategic changes.

Skills Required

Compensation Management, compensation plans

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Manager Compensation • Pune

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