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Compensation and Benefits Specialist

Mumbai, MH
Job Code:
  • IT
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Job Details

Rewards & BenefitsConceptualize, design and implement attractive compensation strategy and rewards and benefits policy to retain top talent and enhance employer brandingLead compensation benchmarking surveys to implement an equitable compensation framework across organizationCareer Path ArchitectureConceptualize and implement organization structuring interventions and role based organization to streamline career movementsCreate best-in-class career path architecture and validate the career level framework based on role evaluations to create role equity* Design and promote competency based talent management interventionsPerformance ManagementLead the Assessments Practice, program manage key assessment interventions such as the Annual Performance Management Process, Multi-Rater Process to create a high performance cultureDesign, create and implement best-in-class assessment and development interventions to nurture top talentProgram manage automation of performance assessment processes to enable an Integrated Talent management platform in the organizationCreate and manage the budget for assessments to optimize wage costsHR operations, Analytics & PoliciesBe the custodian of HR guidelines and policy framework by actively engaging with managers across all levels to create consensusManage administrative and statutory compliance of all HR policies to ensure legal safeguardStreamline and supervise HR operations like payroll, leave, attendance, onboarding, exit management, benefits administration, HR analytics and budgets to deliver best in class employee servicesProgram manage automation of HR operations for higher efficiency, due diligence and better integration with Finance/AccountingDevelop and monitor informative HR dashboards to track key metrics for HR operations for continuous improvementCollaborate with all business units to address employee issues proactivelyWho should apply for this post?CompetenciesFunctional CompetenciesHR thought leadership, solid conceptual knowledge of HRFunctional knowledge of Compensation and benefits design and administrationKnowledge of HR statutory compliancesWorking knowledge of HRIS toolsUnderstanding of legal risks and liabilities associated with HR processesProficiency in MS Excel, Visio and PowerPointBehavioral CompetenciesAbility to lead and cultivate high performing teamAbility to ideate and produce creative contentAbility to design and document policiesAbility to deliver under tight deadlinesStrong analytical, logical and numerical aptitudeStrong process and system orientationAbility to listen actively and connect with individuals at every level of the organizationAbility to work with minimal supervisionExposure as Compensation & Benefits Specialist managing workforce of 500 employees for 4 - 6 years in leading IT organizationsPost graduate in Human Resource Management
Degree: MBA/ PGDM

Additional Degree: BA (Arts) | B.Com. (Commerce) | B.Pharm. (Pharmacy) | B.Plan. (Planning) | B.Sc. (Science) | BBA/ BBM/ BBS | BCA (Computer Application) | Diploma-Other Diploma | B.Ed. (Education) | BHM (Hotel Management)

Experience: 2-5


Performance Mgmt | Recruitment | Training & Development
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