Compensation Benefits Manager

9 - 13 years

30.0 - 32.5 Lacs P.A.

Navi Mumbai

Posted:Invalid date| Platform: Naukri logo

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Skills Required

Compensation And BenefitsCertified Employee Benefit SpecialistCertified Compensation Professional

Work Mode

Work from Office

Job Type

Full Time

Job Description

Role & responsibilities Responsible for developing, implementing, and managing our compensation and benefits programs, ensuring they are competitive, fair, and aligned with company goals. You will play a key role in providing comprehensive compensation and benefits services to all employees and will collaborate closely with HR management to ensure compliance with legal requirements and industry standards. Compensation Management: Develop and maintain competitive compensation structures for various job levels and functions. Assisting in evaluations and market surveys to ensure salary ranges remain competitive and equitable and ensure positions are classified correctly and compensated fairly. Monitor and analyse compensation trends and recommend adjustments to salary structures. •Assist with salary benchmarking and ensure internal equity. Support the annual salary review process, ensuring consistency and fairness. Benefits Administration: Administer Policy formulation, employee benefits programs, including health insurance, retirement plans, and wellness initiatives. Communicate benefits offerings clearly to employees and assist with enrolment, changes, and claims processes help addressing their queries Preferred candidate profile Graduate with MBA in HR preferred. Relevant HR certifications (e.g., Certified Compensation Professional (CCP), •Certified Employee Benefit Specialists (CEBS) are a plus. •9 to 13 years of relevant experience in compensation and benefits •Strong knowledge of compensation structures, benefits programs, and legal requirements related to employee compensation and benefits.

Staffing and Recruiting
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