Manager/ Deputy Manager, Compensation & Benefits

As a Manager/Deputy Manager, Compensation & Benefits at Mercedes-Benz Research and Development India (MBRDI), your responsibilities will include: - **Rewards:** - Execute personnel cost review for departments/business periodically and advise management on optimizing personnel cost. - Draft the compensation review/increment process in consultation with the management. - Prepare & execute the compensation benchmark process, incorporating business inputs on comparators & job families. - Review and address any point-in-time needs of clients, such as custom analysis specific to the business, off-cycle compensation changes, grade-related recommendations. - Support HR Business Partners, staffing consultants, and line managers on all C&B topics to ensure alignment/compliance with prevailing processes and governance frameworks. - **Job Family:** - Design the job family framework involving the job family catalogue, skills mapped to job family, and alignment with the business service. - Design the checks and balance process to govern the job family allocation & change process. - Design workforce-related processes like performance management, workforce structure for specific job families critical to organization efficiency and strategy. - **Performance Management:** - Review performance management guidelines with senior management and market benchmark. - Plan and execute the performance management process (goal setting, performance distribution, Manager/Employee communication). - Recommend transformational changes in the performance management process to bring efficiencies in the performance and increment cycle. - **Organization-wide projects:** - Frequently execute one-time project interventions as per senior management/stakeholders" requirements, impacting the organization/Business Unit wide. - Identify and automate operational processes to bring efficiencies. - **Benefits:** - Execute a detailed review of the benefits policy, guidelines, and process. - Benchmark the policy/guidelines against market intelligence and identify gaps in policies. - Identify internal focus groups for feedback on gaps/challenges associated with the policies. - Recommend renewed policies/guidelines, including the financial impact associated with the update. You are expected to be proficient in Microsoft Office applications, especially MS Excel & MS Presentations, and HR tools like Tableau and PowerBI. Experience in running merit hike processes, along with excellent interpersonal and problem-solving skills, will be crucial. Your excellent written and verbal communication skills will enable you to effectively liaise with various stakeholders within the organization.,