Lead - Compensation & Benefits

5 - 10 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Compensation Manager, your role involves developing and implementing comprehensive compensation strategies for the required regions. Your key responsibilities include: - Conducting market analysis and benchmarking to ensure competitive compensation practices - Participating in C&B surveys and creating compelling presentations with market insights - Managing annual compensation processes, including salary reviews, bonus plans, and equity programs - Collaborating and partnering with Business HRs, Regional HRs, and Business Leaders to understand business-specific scenarios and provide guidance on compensation-related matters - Ensuring compliance with local, state, and federal regulations related to compensation - Leading compensation projects and initiatives to improve compensation practices and processes - Staying abreast of industry trends and best practices in compensation management - Understanding Collective Bargaining Agreements, engagement principles with various Unions, and other aspects related to specific/required regions - Designing compensation structures for various countries as per the legal requirements to provide the highest value to employees and the organization. Your educational qualification should be an MBA, and you should have 5-10 years of relevant domain experience. As a Compensation Manager, your role involves developing and implementing comprehensive compensation strategies for the required regions. Your key responsibilities include: - Conducting market analysis and benchmarking to ensure competitive compensation practices - Participating in C&B surveys and creating compelling presentations with market insights - Managing annual compensation processes, including salary reviews, bonus plans, and equity programs - Collaborating and partnering with Business HRs, Regional HRs, and Business Leaders to understand business-specific scenarios and provide guidance on compensation-related matters - Ensuring compliance with local, state, and federal regulations related to compensation - Leading compensation projects and initiatives to improve compensation practices and processes - Staying abreast of industry trends and best practices in compensation management - Understanding Collective Bargaining Agreements, engagement principles with various Unions, and other aspects related to specific/required regions - Designing compensation structures for various countries as per the legal requirements to provide the highest value to employees and the organization. Your educational qualification should be an MBA, and you should have 5-10 years of relevant domain experience.

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