Compensation Benefits Manager

Peer To Peer Hr Services

10 - 15 years

13 - 19 Lacs

Gurugram

Posted:6 hours ago| Platform:

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Skills Required

Global Compensation Compensation And Benefits

Work Mode

Work from Office

Job Type

Full Time

Job Description

Lead the
Rewards and HR Operations function
for Middle East & India region (India, Middle East, Turkey, and Saudi Arabia).
Plan, Design and Implement the organizations compensation and benefit programs for all countries in MEI.
Ensure all C&B programs and practices meet the organization’s objectives with regards to internal equity and external market competitiveness broadly including Job evaluation and classification, salary
administration, short term and long term incentive plan, sales incentive plans, employee benefits policies (such as health, insurance, motor vehicles, perquisites, expatriate compensation, executive compensation, workers compensation, salary packaging, retirement, pension and superannuation plans).
Analyse and evaluate external market data as well as internal data about the organization’s current employee population and future human resource needs in order to develop salary budgets and forecasts that are consistent with the organization’s global reward strategy.
Manage any strategic projects for e.g., but not limited only to, Mergers and Acquisitions, Divestments etc.
Lead Process Optimization and efficiencies by adopting standard operating procedures, automating existing processes using internal / external tools, generate reporting using
Power BI
etc.
Ensure that the organization complies with all relevant regulations, laws and employment standards are adhered with the minimum standards that are expected in regards to Labour Compliance such as minimum wage, statutory bonuses, POSH filing etc.
Manage ongoing
relationships with external consultants and suppliers
(for example, insurance carriers, actuaries, benefit providers) to ensure the organization receives satisfactory standards of service and cost efficiency.
Administer the annual performance review, bonus pay-outs, pay ranges and salary planning process.
Train HR and Line Managers on review guidelines, tools and budget utilization. Ensure effective budget utilization.
Design, Implement and Administer preparation and distribution of written and verbal information to inform employees of benefits, compensation and personal policies.
Plan and implement reward and recognition schemes and ensure continuity for the existing processes.
Training and supporting the HR organization with regards to the C&B programs and practices
Researching and scrutinizing the general factors like the
government policies changes in the tax structure, wage code, EPF related, market conditions & any other regulations released by the government from time to time.

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