Assistant Manager Compensation & Benefits
Assistant Manager Compensation & Benefits
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Job Description
The Assistant Manager Compensation and Benefits is responsible for supporting the design implementation and administration of the organizations compensation and benefits programs. This includes salary structures incentive plans benefits programs benchmarking compliance and reporting to ensure competitiveness and alignment with the companys strategy.
Develop and administer compensation strategies including salary benchmarking and pay structures.
10%
Conduct regular market analyses to ensure competitive compensation.
25%
Support annual salary review processes bonus planning and incentive schemes.
20%
Maintain compensation data and prepare reports for management. Administer and manage the Short-Term Incentive (STI) program to align employee performance with organizational goals. Oversee the Long-Term Incentive (LTI) program including equity awards (stock options RSUs performance shares) and other deferred compensation plans.
20%
Supports the planning and execution of the annual Merit Planning process. Performs analysis such as Comp Ratio and cost impact analysis to evaluate impact of proposals. Works with HRBP teams and business to ensure smooth delivery of merit letters. Ensures accurate payroll input for merit related changes. Supports the planning and execution of the midyear promotion and market correction process. Total Reward Statement for all employees during Merit Increase cycle.
25%
TOTAL
100%
MINIMUM REQUIREMENTS
EDUCATION: Masters or Advanced FIELD OF STUDY: Human Resources
EXPERIENCE: Required: 4-5 years in progressive HR roles with at least 3 years in comp. Knowledge in HR research methodology survey development statistics and data analysis and reporting.. Advanced Proficiency with Microsoft Word Excel Power Point Outlook. HRIS Experience maintaining confidential data.
- Good communication and stakeholder management skills.
- Detail-oriented and highly organized
- Assist in the development and administration of compensation policies frameworks and salary structures.
- Conduct benchmarking and market analysis using compensation surveys
- Support annual compensation cycles including salary reviews bonus planning and promotions.
- Analyze internal compensation data to ensure pay equity and competitiveness.
- Prepare compensation reports and analytics for management decision-making.
CERTIFICATION(S): Certification(s) required
KNOWLEDGE SKILLS ABILITIES AND OTHER ATTRIBUTES:
- Strong analytical skills and proficiency in Excel
- Familiarity with HRIS systems and compensation tools.
- Knowledge of labor laws and statutory compliance in India (or relevant geography).
- Good communication and stakeholder management skills.
- Detail-oriented and highly organized.
What We Offer
We understand the important balance between work and life fun and professionalism and corporation verse community. We strive to support your career aspirations and provide the benefits you need to live a more fulfilling life.
Our compensation and benefits programs were created with an Employee-First Approach focused on supporting developing and recognizing YOU. We offer a wide array of wellness and mental health initiatives support volunteerism and environmental efforts encourage employee education through leadership training skill-building and tuition reimbursements and always strive to provide promotion opportunities from within.
All these things are just a small way to show our employees that we recognize their value we understand what is important to them and we reward their contributions.
About Us
Encore Capital Group and all of its subsidiaries are proud to be an equal opportunity employer and are committed to fostering an inclusive and welcoming environment where everyone feels they belong. We encourage candidates from all backgrounds to apply. Qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender perception or identity national origin age marital status protected veteran status or disability status or any other status protected under applicable law. If you wish to discuss potential accommodations related to applying for employment please contact
Required Experience:
Manager
Employment Type
Full-Time
