Compensation Specialist

Job Description

Lixil India is Hiring for Total Rewards Specialist at Gurgaon Location. This Position will be responsible for the implementation of total rewards policies and programs for India and the day-to-day administration of them. The position will participate in market research and analysis, and develop compensation recommendations based on company guidelines related to compensation plans. This role will report to the Leader, Total Rewards, IMEA and closely partner with the Total Rewards team. This role will provide expert advice to HR Business Partners and management teams in India to enable the business to attract, retain, and engage Employees. About the Role This role will be responsible for the implementation of total rewards policies and programs for India and the day-to-day administration of them. Responsibilities : Partner HR Business Partners by providing guidance and administering compensation actions (e.g. job evaluation and market pricing, salary offers, market adjustments and variable pay) for India. Participate in the annual compensation planning process for the region and cooperate with local and regional HRBPs. Educates HRBPs, Supervisors and Managers on all Total Rewards programs. Advises management of appropriate resolution for Total Rewards related issues. Recommend, conduct, and participate in salary surveys in order to determine prevailing pay rates and maintain competitive compensation levels. Complete pay practice studies to ensure India is in compliance with local compensation and benefits regulations and are competitive and aligned with prevailing practices in the market. This may include elements such as savings plans, profit sharing, and competitiveness and impact on retention. Identifies and manages local compensation and benefit vendors/providers. Manage and maintain salary structures (Global Grading), analyze salary survey data and develop merit budget recommendations, market reference points, and variable compensation elements. Includes keeping the compensation framework accurate with current job/compensation data. Participate in HR technology initiatives for the Region. Act as an advisor to employees and the international mobility team on international assignments. Partners with the regional Global Mobility team to complete offers for expats (short or long term) and cross-border transfers. Conduct ongoing research into emerging trends, issues and best practices and make proposals to optimize pay/benefit systems for our operations. Develops and generates reports to support key HR processes and perform necessary audits to ensure accuracy of compensation data. Manages the AOP (annual operating plan) budget for the India entity. Qualifications : 5 - 8 years or greater of Total Rewards experience is required. Experience in working on employee pay programs. Ability to occasional travel across office locations. MBA's degree in economics, statistics, human resource management, business or related field, or equivalent. Fluency in English is required. Required Skills : Solid organizational and multitasking skills to include effective time management and ability to handle multiple projects and priorities. Strong quantitative, analytical and problem solving skills, and attention to detail. Strong background in compensation design, analysis and administration, including experience with the design of incentive programs for professional and hourly employees. Knowledge of benefit programs and market practices. Effective verbal, written, and presentation skills with demonstrated ability to present complex ideas. Experienced in deploying communication strategies and success metrics. Ability to work independently and within a team. Proficiency in the use of PC software tools for analysis, audits, reports, and presentations including advanced Excel skills (work with G-Suite will be an asset). Show more Show less