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Specialist, Total Rewards, India

Specialist, Total Rewards, India

ReSource ProKollam, IN
14 hours ago
Job description

Purpose of the Position

The Specialist is meant for someone who is an excellent multi-tasker and had projects handling experience. We are looking for a high-energy individual who is expert in creating and analyzing reports and presenting the critical information in a professional manner.

Principal Responsibilities

Compensation and Benefit System Management

  • Assist in the design, development, and implementation of total rewards programs, including compensation structures, incentive plans, and benefits packages
  • Conduct market research and analysis to ensure the organization's total rewards offerings remain competitive and aligned with industry standards
  • Collaborate with cross-functional teams to support the execution of total rewards initiatives and projects
  • Administer employee compensation and benefits programs, including processing payroll, managing employee inquiries, and ensuring compliance with relevant regulations.
  • Support the annual performance review process by providing data analysis and recommendations for merit increases and bonus payouts
  • Prepare reports and presentations on total rewards metrics, trends, and program effectiveness for senior leadership
  • Assist in the communication and education of total rewards programs to employees, including conducting training sessions and developing informational materials
  • Stay informed about changes in legislation and market trends that may impact total rewards programs, and make recommendations for adjustments as needed
  • Handle ad-hoc projects and assignments related to total rewards as assigned by the Total Rewards Manager

MIS & Reports

  • Keep track of metrics on a weekly / monthly basis for reporting to the management
  • Create dashboards using Excel, trend analysis, and ad-hoc reports
  • Generate and Publish BI / Excel reports (Daily / Weekly / Monthly) based on Management requirements
  • Create Templates and reports based on requirements
  • Extract reports from various digital Platforms, creating VBA / Macros
  • Manage and delivery the reports with high accuracy and in a timely manner. Timely review of data maintenance and accuracy

    • C&B Daily Operation Management

    Manage the daily C&B activities such as payroll process, merit increase, bonus, budget, promotion actions and benefits administration etc. to ensure compliance with C&B strategy and support company business needs and meet information security requirements.

    Statutory Compliance

  • Support team with various projects & initiatives including new legislation in employment law & updating relevant ER policies and practices
  • Review and analyze compliance data; Prepare compliance reports as needed including governmental, internal, and audit compliance reporting
  • Support on all the internal and external audits

    • Functional Competencies

  • Advanced Knowledge in Excel formulas
  • Good functional knowledge Of MS BI tool
  • Good functional knowledge in VBA / Macros, Power Query
  • Ability to normalize complex data
  • Strong working knowledge of Workday
  • Working knowledge of Statistic. (Additional Adv.)
  • Experience of HRIS / Workday implementation (Additional Adv.)

    • Behavioral Competencies

  • Excellent oral and written communication skills
  • High stakeholder management & interpersonal skills
  • Problem-solving skills
  • Out of the box thinking
  • Ability to Learn new concepts
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    Specialist India • Kollam, IN