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Compensation Benefits Specialist

Icertispune, maharashtra, in

30+ days ago

Job description

Lead Analyst - Compensation and Benefits.

Essential Duties & Responsibilities

As a member of the Human Resources team, the Compensation and Benefits Lead Analyst establishes relationships within the HR function and provides support aligned to the strategic requirements of the business.
In this capacity, the Lead Analyst will participate in compensation and benefits surveys, analyzing data to determine the organization’s competitive position within the regions.
Support the design, implementation, and maintenance of all global base salary and short and long-term variable compensation programs, working closely with Total Rewards (TR) Leadership.
Monitor trends in the competitive market to ensure both design and pay equity opportunities allow for the attraction and retention of high performers / key talent.
Provide advice and support to HR team related to job evaluation, policy and interpretation of plans (including creative solutions to specific compensation-related programs).
Review requests for new or revised job descriptions to determine target salary ranges based on the scope of the role and related Job Architecture attributes.
Support activity for all Salary, Bonus and Equity Planning processes including system design, training, and implementation.
Work closely with Benefits Manager to assist in administering, implementing, and maintaining employee benefits programs outside the US, ensuring compliance with country legislative benefits offerings.
Compile benefits-related statistics and census data and summarize survey information to support benefits recommendations.
Reconcile all EMEA benefits provider billings and process payment of invoices.
Responsible for administration of global rewards and recognition platform, finding ways to increase engagement and utilization; communicates and executes on the companywide recognition awards, including nomination process and budget allocation.
Performs other duties and special projects, as assigned.

Skills & Qualifications :

A university degree in Human Resources, Finance or related discipline is strongly preferred. Certification in Compensation, Benefits and / or Human Resources (e.g.,

CCP, CBP, SHRM) is a strong plus.

At least of 8 years of compensation design and administration experience with at least 3 years of global experience in US and India.

Working knowledge of country, federal and / or state regulations affecting the administration of broad-based or statutory benefits and retirement / pension plans including but not limited to FLSA, Equal Pay Act, Pay Transparency and GDPR.

This role requires the ability to analyze a variety of data simultaneously, in order to evaluate internal equity, external competitiveness and legal compliance of the organization’s compensation and benefits practices.

Ability to work with financial metrics and data with a solid understanding of how compensation design impacts financial outcomes; prepare analysis / reports on various design related initiatives for leadership and / or stakeholders.

Demonstrates a high degree of autonomy by independently managing tasks, taking initiative to drive projects forward, and exercising sound judgment when making decisions without direct supervision.

Strong mathematical and analytical aptitude used to prepare / analyze TR costs.

Excellent problem-solving skills with the ability to research and resolve complex compensation-related issues.

Detail oriented with strong attention to accuracy.

Ability to work in a fast-paced environment, meet deadlines, multitask and work independently.

Team player with demonstrated interpersonal skills and the ability to effectively communicate, negotiate, partner and consult with a wide variety of audiences.

Advanced Microsoft Office (including Microsoft Excel and Power Point) and excellent research skills.

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Compensation Specialist • pune, maharashtra, in