AVP Compensation & Benefits

Role & Responsibilities :

• Develop a strong understanding of business lines and products.
• Plan and execute the Year-End Compensation exercise.
• Provide Year-End analytics and data management.
• Create training and communication materials for the implementation of compensation programs.
• Benchmark market data by participating in and analyzing compensation surveys to provide market and job insights.
• Gather market intelligence through secondary research and networking with compensation professionals.
• Offer consultative services on compensation to HR Business Partners.
• Maintain continuous contact with global compensation and regional HR teams to ensure compliance with both local and global standards.
• Manage relationships with HR vendors, internal stakeholders, and non-statutory vendors.
• Handle adhoc projects aimed at enhancing the employee experience related to rewards.
• Support a wide variety of compensation initiatives in India.
• Provide guidance on contractual, compensation, tax, and mobility issues.
• Perform business-as-usual (BAU) activities within the Compensation and Benefits Department, including new compensation-fitments.
• Design, review, and maintain salary bands for talent acquisition on an annual basis.
Required Mindset :
• Mandatory :
• Postgraduate with 10 + years of experience in Compensation & Benefits.
• Team player with a proven ability to work collaboratively with a wide range of people at different levels.
• Strong interpersonal and communication skills.
• Ability to take initiative and a willingness to learn.
• Hands-on experience with quantitative and qualitative research.
• Strong analytical and MS Office skills.
• Flexible and capable of handling multiple tasks.
• Desired :
• Familiarity with SuccessFactors (SAP) / Oracle.