Urgennt vacancy For Compensation & Benefits Specialist-Chennai

2 - 5 years

7 - 9 Lacs

Posted:1 week ago| Platform: Naukri logo

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Skills Required

Work Mode

Work from Office

Job Type

Full Time

Job Description

Role & responsibilities

Annual processes:

    • Assist and coordinate on Performance management, Goal setting, Merit and other P&R processes.
    • Ensure all process are adhered and completed within the prescribed global and local timelines.
    • Upload quarterly incentive, salary increases and promotions as per agreed timelines.
    • Ensure e-merit letters and mid-year letters are sent on time
    • Extract annual salary data from TRS (Sept-Oct)

    • Consolidate the TRS extraction in KMTA template and download all TRS files as per the process.

Ongoing (weekly/monthly) processes:

    • Ensure audits on all P&R process

      like for example performance calibration, goal setting, merit plan.
    • Ensure data quality audits done related to, grade, role, bonus%, salary, scorecard, template etc. in agreed frequency and drive the corrections to be done based on agreed guideline
    • Responsible for publishing dashboards on status of goal setting, mid-year, year-end, merit, incentive and bonus processes.
    • Ensure timely reports are published including

      monthly comp report file

      .
    • Consolidation and analysis of payouts excluded from WD such as sales incentives and all project incentives.
    • Assist on market salary benchmark data
    • Assist P&R specialist and manager on other initiatives in P&R analysis whenever required

Preferred candidate profile

Minimum 2-3+ years experience in compensation and benefits/Payroll

Expert in Excel

Macro is optional

Attention to Detail

Passionate about numbers

Good in communication and assertive

Interested ,please send resume to radhika.narayanan@kone.com

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