Lead - Compensation & Benefits

4 - 8 years

0 Lacs

Posted:3 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As the Lead Compensation & Benefits at Heritage Foods, you will be responsible for designing, implementing, and managing total rewards strategies that align with the company's business objectives, drive employee engagement, ensure market competitiveness, and support talent retention. Your role will involve overseeing compensation structures, benefits administration, benchmarking studies, salary planning, incentive programs, and ensuring compliance with applicable regulations. Key Responsibilities: - Develop and implement compensation strategy and planning. - Conduct annual compensation review and benchmarking studies. - Manage benefits administration to enhance employee satisfaction. - Design and implement incentive and rewards programs to motivate employees. - Establish job evaluation and grading systems to ensure internal equity. - Utilize HR systems and analytics to support decision-making processes. Qualifications Required: - Proven experience in Compensation & Benefits, with a minimum of 5 years in a leadership or specialist role. - Strong understanding of compensation frameworks, job evaluation methodologies (e.g., Mercer, Hay), and salary benchmarking tools. - Solid knowledge of labor laws, tax implications, and statutory requirements related to Compensation & Benefits in India. - Proficiency in Advanced Excel and data modeling; familiarity with HRMS systems. - Exceptional stakeholder management and interpersonal communication skills. Join Heritage Foods as the Lead Compensation & Benefits to leverage your expertise in compensation and benefits management, strategic thinking, and stakeholder influence to drive organizational success. As the Lead Compensation & Benefits at Heritage Foods, you will be responsible for designing, implementing, and managing total rewards strategies that align with the company's business objectives, drive employee engagement, ensure market competitiveness, and support talent retention. Your role will involve overseeing compensation structures, benefits administration, benchmarking studies, salary planning, incentive programs, and ensuring compliance with applicable regulations. Key Responsibilities: - Develop and implement compensation strategy and planning. - Conduct annual compensation review and benchmarking studies. - Manage benefits administration to enhance employee satisfaction. - Design and implement incentive and rewards programs to motivate employees. - Establish job evaluation and grading systems to ensure internal equity. - Utilize HR systems and analytics to support decision-making processes. Qualifications Required: - Proven experience in Compensation & Benefits, with a minimum of 5 years in a leadership or specialist role. - Strong understanding of compensation frameworks, job evaluation methodologies (e.g., Mercer, Hay), and salary benchmarking tools. - Solid knowledge of labor laws, tax implications, and statutory requirements related to Compensation & Benefits in India. - Proficiency in Advanced Excel and data modeling; familiarity with HRMS systems. - Exceptional stakeholder management and interpersonal communication skills. Join Heritage Foods as the Lead Compensation & Benefits to leverage your expertise in compensation and benefits management, strategic thinking, and stakeholder influence to drive organizational success.

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