Deputy Manager / Manager - Total Rewards / Compensation & Benefits

JOB PURPOSE :

This job requires a dynamic individual who understands the holistic view of the Total Rewards function and with customer-centricity, thus help ensure appropriate data management, analytics and initiatives.

PRINCIPAL ACCOUNTABILITIES :

Compensation & Benefits :

• Design, review, and implement compensation structures across job levels and business units.
• Preferably knowledge of compensation plans for India & Expat employees.
• Manage salary benchmarking exercises using market data and industry surveys (Aon, Mercer).
• Pay parity administration (internal & external parity checks), defining pay ranges.
• Supporting annual Performance Management & promotion process for the organization.
• Performance Incentive administration inclusive of design and retention plans.
• Analyze compensation trends and provide strategic insights / recommendations.
• Manage employee benefits and reimbursements (leave policy, etc.
• Policy Formulation & Governance - draft, review and implement HR policies.
• Review and update practices in line with market best practices and organizational needs.
• Annual Budgeting inclusive of cost impact analysis.
• HR Technology / Systems & Reporting
• Operate and maintain employee data in HCM systems (knowledge of systems e.
• PeopleStrong, Darwinbox, etc).
• Monthly reports, dashboards.
• HR analytics for C&B.
• Lead Internal Audits - spoc for HR & Admin - internal, statutory and compliance related.
• Vendor coordination and managing invoice clearances.

Payroll Management :

JOB SPECIFICATION : Education qualification and certifications (Indicate the level of education and certifications required)

(ref : iimjobs.com)