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Manager- Compensation & Benefits

4 - 7 years

16 - 25 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Compensation-related activities

- Salary Increments: Prepare the budget proposal basis internal and external factors, and drive the increment exercise for SIEL-S

- Salary benchmarking: Conduct salary surveys and analyse market data to ensure SIELs competitiveness. Basis the benchmarking results, create the salary ranges for all the job families

- Sales Incentive Policy: Manage Sales Incentives, analyse the incentive data and collaborate with SOP & Business teams to communicate and implement policy changes.

- Analyse compensation data to identify trends and make recommendations for improvement

- Performance Bonus: Perform calculations basis the Performance Policy and ensure 100% accuracy. Create senior leadership template for the CEO and HR leadership to take the final       decision.

Employee Benefit Plan:

- Review the efficacy of the employee benefits and basis cost simulation, recommend changes to the various employee-related benefits

- Help administer the Employee Benefits

Dashboarding:

- Responsible for the management & development of central forecasting models for HR costs & Headcount Plan for SIEL-S.

 - Managing production of management reporting on a pre-defined frequency for various business & functional groups to facilitate timely strategic decision-making by key stakeholders

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