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Compensation & Total Rewards Specialist

Compensation & Total Rewards Specialist

Randstad India Pvt LtdRepublic Of India, IN
30+ days ago
Job description

Role & Responsibilities :

Location - Mumbai, Powai

▪ Develop and demonstrate good knowledge of Business lines and products

▪ Overall planning and execution of Year End Compensation exercise

▪ Provide YE analytics & data management

▪ Develop training and communication materials for the implementation of Year End Compensation exercise and other local compensation programs

▪ Provide market and job insights through Market data Benchmarking by participating and analyzing various market compensation surveys

▪ Provide Market Intelligence through different resources like secondary research, networking with compensation professionals in other peer firms

▪ Consultative services to HRBP’s in the area of Compensation

▪ Continuous connect with Global compensation team as well as regional HR teams in order to be complaint with both local as well as global standards

▪ Responsible for managing an effective relationship with HR vendors such as consulting firms, internal stakeholders, banking relationship, non-statutory related vendors

▪ Adhoc projects to enhance employee experience related to Rewards

▪ Support in wide variety of Compensation initiatives across India

▪ Provide guidance on all contractual, compensation, tax and mobility issues

▪ BAU activities in Compensation and Benefits Department including new Compensation-fitments etc.

▪ Design, review and maintain salary Bands for the purpose of talent acquisition on annual basis winbox and ATS.

  • Manage vendor relationships, RFIs / RFPs, contracts, and SLAs.
  • Ensure HR data accuracy, security, and develop analytics for insights.
  • Collaborate with HR, IT, and stakeholders to meet evolving HR needs.
  • Drive process innovation and continuous improvement across HR functions.
  • Mentor and lead the HRIS team to ensure successful project delivery.

Mandatory Skills :

  • Postgraduate with 3-6 years of experience in C & B
  • Team player with a demonstrated ability to collaboratively work with a wide range of people at different levels
  • Strong Interpersonal and communication skills
  • Ability to take initiatives and willingness to learn

  • Hands on experience with quantitative and qualitative research
  • Strong analytical skills and MS Office skills
  • Flexible and ability to handle multiple tasks
  • Familiarity with Success factor (SAP) / Oracle
  • Understanding of benefits in the Indian scenario is an added advantage
  • If you are passionate about leveraging technology to transform HR operations, apply now - sabah.memon@randstad.in

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    Compensation Specialist • Republic Of India, IN

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