Compensation & Benefits Head

10 - 14 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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On-site

Job Type

Full Time

Job Description

Role Overview: As a strategic and experienced Compensation & Benefits Head, your role will involve designing and implementing compensation strategies that align with the company philosophy, legal standards, and market practices. You will be responsible for ensuring compliance, team member engagement, and overall team well-being. Key Responsibilities: - Ensure compliance with Factories Act, labor laws, and statutory regulations. - Design and oversee compensation structures, profit-sharing, and incentives. - Prepare and monitor annual compensation budgets (AOP) and focus on cost optimization. - Administer retirement benefits, statutory returns, and compliance filings. - Lead audit documentation and ensure timely closure of queries. - Negotiate and manage insurance policies and welfare schemes. - Conduct compensation benchmarking and recommend enhancements. Qualifications & Experience: - Bachelor's degree preferably in IT or a Post graduation degree in HR/IT. - 10+ years of experience in Compensation & Benefits, preferably in manufacturing. - Proven expertise in benchmarking and vendor management. Additional Company Details: The company values strong analytical, negotiation, and compliance skills. They seek a proactive, detail-oriented, and collaborative individual to join their team.,

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