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Manager : Compensation and Benefits

 Navi Mumbai  8-12 years  NT-83
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Job Details

Company Leading Media House
Position Manager : Compensation and Benefits
Experience 8-12 years
CTC Best in the industry
Location Navi Mumbai
Job Code NT-83
Posted On 27 Oct 2020
Application Deadline 31 Dec 2020

Skills


         QUALIFICATION

  • Master’s level HR Qualification from a Premier Institute preferred
  • Certified Compensation Specialist (Preferred)
  • A minimum of 8 years of HR experience with at least 5 complete years in a functional capacity

    KNOWLEDGE AND SKILLS 
  • Systematic understanding of Total rewards, as well as other HR functions
  • Developed knowledge of the legal & compliance environment as it relates to employee compensation and benefits
  • Hands-on experience with compensation & benefits employee data maintenance of an HRIS system
  • Evidence of having successfully program managed large, complex projects or programs, achieving satisfaction & timeline objectives Strong communication skills.
  • Strong analytical and communication skills
  • Solid financial and business acumen
  • Experience in automation of Budget planning process will be an added advantage
  • Expert knowledge of Excel, Powerpoint, SAP & Workday experience a plus

Description


KEY RESPONSIBILITIES

  • Be part of the core C&B team who are responsible for the overall delivery of the annual compensation processed for India and Middle East including
  • Work with Global/Regional Compensation, regional Finance, local HR, to process annual planning for Employee merit increase, budget and LTI planning, incentives, benefits.
  • Actively seek market intelligence, jobs mappings and industry benchmarks based on media industry compensation surveys results for key markets to ensure to ensure compensation programs are industry aligned and best in class
  • Partner with C&B Lead on any projects / harmonization led efforts from a C&B perspective for the integrated organization
  • Prepares the total rewards (compensation and benefits) budget for the network, including the regular monitoring, reporting and adjusting of the budget.
  • Monitor budget vs actual headcount and cost and report monthly salary increase
  • Implement best practices from across the industry in line with taxation and legal requirements
  • Communication of benefits and HR policies to Employees
  • Plan, develop, evaluate, improve and communicate methods and techniques for data collection, data analysis and data quality
  • Analyze different components of the remuneration scheme in the organization across the region and prepares reports about the internal equity and external competitiveness
  • Participate in compensation surveys and analyze financial data to summarize findings, draw conclusions, and make recommendations about total rewards programs
  • Periodically audit Compensation and Benefits practices in place in conjunction plans to correct any problem areas
  • Provide compensation related guidelines to Talent Acquisition teams (Hiring Grid etc.) and support in offer preparation (Compensation)
  • Perform parity analysis to ensure internal equity is maintained.
  • Partner with HRBPs team to manage existing compensation and benefits programs to keep improving the efficiency.

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