Manager- Compensation Benefits
Manager- Compensation Benefits
Posted on :
21-06-2025
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1 Vacancy
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Job Description
Job Title: Manager- Compensation & Benefits
Location: Chennai
Job Summary:
We are seeking a highly skilled Compensation & Benefits Manager witto lead and manage our compensation strategy benefits programs. This role will ensure that our total rewards strategy attracts retains and motivates employees while remaining compliant with all regulatory requirements and aligned with company objectives.
Key Responsibilities:
Compensation:
- Design implement and manage competitive compensation structures (base pay variable pay bonuses and incentives).
- Conduct salary benchmarking and market analysis to ensure internal equity and external competitiveness.
- Oversee annual compensation review cycles including merit increases promotions and bonus planning.
- Provide guidance on job evaluations leveling and salary ranges.
Benefits:
- Manage employee benefits programs (health insurance retirement plans wellness programs etc..
- Evaluate and recommend improvements to existing benefits offerings.
- Liaise with vendors and brokers to ensure optimal service and cost efficiency.
- Handle employee queries related to benefits and ensure smooth enrollment and claim processes.
Compliance & Reporting:
- Ensure adherence to all labor laws tax regulations and internal policies.
- Maintain documentation for audits and regulatory inspections.
- Generate HR reports and analytics on compensation benefits usage and payroll metrics.
Stakeholder Collaboration:
- Work closely with HR Business Partners Finance and Legal on C&B-related strategies and policies.
- Provide consultative support to management on compensation and payroll issues.
Requirements:
- Education: Masters Degree in HR preferred
Experience: Minimum 12-15 years of experience in Compensation & Benefits from manufacturing organizations
Remote Work :
No
Employment Type
Full Time
Key Skills
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