Job title : Specialist -Compensation and Benefits Work Location : Oragadam- Vallam Department : HR Reports to : Manager -Compensation and Benefits Roles & Responsibilities: Compensation: Develop and administer compensation programs, such as merit or incentive pay. Conduct regular compensation benchmarking for factory and staff roles. Administer wage structure, increment cycles, and salary corrections based on job evaluations and performance. Monitor internal parity and ensure alignment with company compensation philosophy. Support the annual salary planning and bonus payout processes. Maintain and update compensation data in HRIS Responsible for Compensation, benefit Benchmarking and market analysis by participating in market surveys like Mercer ,Kornferry,Etc. Benefits Handle monthly additions/deletions for insurance and statutory benefits. Liaise with vendors, brokers, and insurance companies for smooth service delivery. Address employee queries related to benefits promptly. Ensure adherence to labor laws related to wages, bonus, gratuity, leave encashment, etc. Partner with finance and payroll teams for statutory deductions and filings. Maintain up-to-date employee compensation and benefits records. Prepare reports and dashboards on C&B metrics for management. Support internal and external audits with relevant data. Ensure all employees & dependents are covered under Group Medical Coverage, Group Term Life Insurance, Group Personal Accident Insurance Revision and renewal of Insurance and Mediclaim policies Employee Assistance Program (EAP): Coordinate with EAP vendors and ensure program accessibility to all employees. Organize wellness awareness campaigns and mental health initiatives. Track usage trends and support confidential grievance handling as per EAP guidelines. Provide quarterly reports to HR leadership on EAP impact. HRIS Management & Oracle Testing: sure accurate employee data management and reporting in HRIS (Oracle). Perform user acceptance testing (UAT) during Oracle HRIS upgrades, patch releases, or new module rollouts. Coordinate with IT and implementation partners to resolve system issues. Support role-based access control and HRIS compliance audits. Preferred Tools/Software: Excel Advance Oracle HRIS working Experience Key Skills & Competencies: Strong understanding of compensation structures and statutory compliance. Analytical mindset with proficiency in Excel and HRMS tools and PowerPoints Good interpersonal and communication skills. Ability to manage vendor relationships and drive process efficiency. Discretion and sensitivity when handling confidential information. Education and/or Work Experience Requirements: Education: MSW/MBA - Human Resource Management Work Experience: 2-7 years Language Preference: English, Hindi & Tamil
As a Specialist in Compensation and Benefits at our Oragadam-Vallam location in the HR department, you will play a crucial role in overseeing various aspects related to compensation, benefits, and employee assistance programs. Reporting to the Manager of Compensation and Benefits, you will be responsible for ensuring the effective management and administration of compensation and benefits programs for our employees. In terms of compensation, you will be required to conduct regular benchmarking exercises for both factory and staff roles, administer wage structures, increment cycles, and salary corrections based on job evaluations and performance assessments. It will also be your responsibility to monitor internal parity and align the compensation practices with the company's philosophy. Additionally, maintaining and updating compensation data in our HRIS system will be a key part of your role. When it comes to benefits, you will handle monthly additions and deletions for insurance and statutory benefits, liaise with vendors, brokers, and insurance companies, and address employee queries related to benefits promptly. Ensuring compliance with labor laws and maintaining up-to-date records of employee compensation and benefits will be essential tasks. You will also be responsible for preparing reports and dashboards on compensation and benefits metrics for the management and supporting internal and external audits with relevant data. Furthermore, you will coordinate with Employee Assistance Program (EAP) vendors to ensure program accessibility for all employees, organize wellness awareness campaigns, and track usage trends. Your role will involve supporting confidential grievance handling as per EAP guidelines and providing quarterly reports to HR leadership on EAP impact. In terms of HRIS management and Oracle testing, you will ensure accurate employee data management and reporting in HRIS (Oracle), perform user acceptance testing during Oracle HRIS upgrades, and coordinate with IT and implementation partners to resolve system issues. Supporting role-based access control and HRIS compliance audits will also be part of your responsibilities. To excel in this role, you should have a strong understanding of compensation structures and statutory compliance, an analytical mindset with proficiency in Excel and HRMS tools, good interpersonal and communication skills, and the ability to manage vendor relationships and drive process efficiency. Discretion and sensitivity in handling confidential information are also crucial. We are looking for candidates with an MSW/MBA in Human Resource Management and 2-7 years of relevant work experience. Proficiency in English, Hindi, and Tamil languages is preferred. If you are ready to take on this challenging yet rewarding role, we encourage you to apply and be part of our dynamic HR team.,