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Deputy Vice President - Compensation Specialist

Deputy Vice President - Compensation Specialist

Name: Jobpe
Address: T-Hub, Plot No 1/C, Sy No 83/1, Raidurgam panmaktha, Knowledge City Rd, Hyderabad, Telangana, 500081, IN
Telephone: +91-83339-09630
Price range: Free

SBI Card

11 - 14 years

4 - 7 Lacs

Gurgaon

Posted:1 month ago| Platform: GlassDoor logo

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Skills Required

compensation design planning budgeting documentation communication surveys provisioning onboarding billing reimbursement benchmarking reporting certification analyze drive evaluation management

Work Mode

On-site

Job Type

Part Time

Job Description

Role Accountability

1.Support in design and implementation of organizational rewards philosophy
2.Manage Job evalaution process 3.Responsible for Manpower planning & budgeting 4.Manage Org Structure & design 5.Design and ensure flawless implementation of increment framework- merit increase/promotion increase/salary correction etc 6.Manage end to end implementation of LTI & STI framework 7.Manage all HR documentation pertaining to board/NRC resolutions 8.Support in design, renewal and communication of HR policies 8.Liaison with HR consultants to gather market information around rewards linked practices 10.Implement salary benchmark surveys and design role/hiring ranges 11.Manage C&B operations, including VIC payouts, Compensation provisioning etc. 13.Manage timely onboarding, renewal and billing of all compensation vendors 14.Ensure and direct the department in resolving salary and other reimbursement related queries / concerns of employees on an ongoing basis

Measures of Success(Define the Outcomes expected of the role)

1.Timely & accurate implementation of Increments
2.Timely & accurate implementation of LTI/STI programs 3.Timely & accurate implementation of compensation related HR Policies 4.Timely launch of salary benchmarking surveys 5.Initiatives undertaken to enhance the quality of compensation programs 6.Timely finalisation of pay ranges 7.Timely & accurate documentation of board/NRC resolutions 8.Planned vs actual headcount numbers and cost 9.Timely and accurate MIS/business reporting 10.Process adherence as per SOP 11.Implement errorfree manpower planning 12.Timely creation of Organization Structures

Technical Skills / Experience / Certification (If any)

1.Strong working knowledge of HR policies, processes & industry practices
2.Ability to objectively analyze current practices, identify improvement opportunities, create buy in and drive implementation 3.Knowledge of the legal and regulatory environment as it relates to employee compensation and benefits, including emerging legislation 4.Understanding of Job Evaluation methodology(prefered)

Competencies critical for role with High Proficiency

Analytical Ability
Problem Solving Skills Detail Orientation Influencing Skills Stakeholder Management Market Awareness

Key External Stakeholder(s)

HR Consultants, Vendors

Key Internal Stakeholder(s)

All functions

Must have Qualification

MBA in Human Resources

Over All experience in role

11-14 years of post qualification experience

Relevant Experience with respect to the role

7-9 years of experience in C&B Management

Preferred Industry(If any)

FSI,Telecom

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Deputy Vice President - Compensation Specialist