SF Comp Consultant

In2IT Enterprise Business Services Pvt Ltd

0 years

15 Lacs

bhubaneshwar

Posted:1 week ago| Platform: GlassDoor logo

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Skills Required

sap successfactors compensation design strategies support planning evaluation analyze data analysis reports compliance governance communication training configuration management analytics presentation

Work Mode

On-site

Job Type

Part Time

Job Description

Job Title: SAP SuccessFactors Consultant – Compensation (COMP)

Location: Bhubaneswar / Hyderabad / Bengaluru

Note: The initial 6 months will be based in Bhubaneswar

Budget: Maximum 15 LPA

Key Responsibilities:

Compensation Strategy:
Collaborate with HR and business leaders to design and implement compensation strategies that support business objectives and reflect industry trends.
Compensation Planning:
Lead the annual compensation planning cycle, including salary reviews, merit increases, bonuses, promotions, and equity adjustments.
Job Evaluation & Analysis:
Conduct job evaluations to determine appropriate job levels, pay structures, and ensure internal equity and external competitiveness.
Compensation Review & Recommendations:
Analyze compensation trends and make strategic recommendations for continuous improvement of policies and practices.
Data Analysis & Reporting:
Generate and interpret compensation-related reports and dashboards to provide insights for decision-making.
Compliance & Governance:
Ensure compensation practices are in line with local labor laws, regulatory guidelines, and internal governance policies.
Stakeholder Communication:
Develop and deliver communication and training materials for HR, managers, and employees on compensation policies and processes.
System Configuration & Maintenance:
Configure and maintain SuccessFactors Compensation and Variable Pay modules, ensuring optimal performance and alignment with business needs.
Performance Management Integration:
Partner with the Performance Management team to align compensation outcomes with employee performance data.

Required Skills:

Strong functional expertise in SAP SuccessFactors Compensation and Variable Pay modules
Experience in Roles & Responsibilities (R&R) framework
Proficient in compensation planning, analytics, and compliance
Ability to collaborate with cross-functional teams and stakeholders
Excellent analytical, communication, and presentation skills

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