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Manager Compensation & Benefits

Mumbai, MH
Job Code:
  • IT
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Job Details

Responsibilities - Define a fair, equitable and competitive total compensation package that fits and is aligned to our company's strategy and business goals - Develop a consistent compensation philosophy in line with work culture and organisational objectives- Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc) - Use various methods and techniques and make data based decisions on direct financial, indirect financial and nonfinancial compensations- Assess employees needs by conducting organisational psychology surveys to find out what motivates and engages employees - Prepare job descriptions, job analysis, job evaluations and job classifications- Participate in salary and labour market surveys to determine prevailing pay rates and benefits - Differentiate pay systems to invest in the segments of workforce that contribute the most value- Deploy effective communication strategies and success metrics - Conduct ongoing research into emerging trends, issues and best practices- Conduct periodic audits and prepare reports Requirements - Proven working experience as a compensation and benefits specialist in a Manufacturing or Retail organization - Prior experience in HR practices and compensation cycle management- Working knowledge of job evaluation and job analysis systems - Previous experience with organisational psychology and labour market surveys- Adequate knowledge of current labour rules and regulations - Familiarity with various types of incentives and benefits- Extensive knowledge of HRIS and MS Office - Strong quantitative and analytical skills
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: 8-13


Channel Sales | Client Servicing | Corporate Sales | Relationship/Account Servicing
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