drjobs Senior Compensation Analyst

Senior Compensation Analyst

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1 Vacancy
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Job Location drjobs

Bengaluru - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Corporate:
Light & Wonders corporate team iscomprisedof incredibletalent thatworks across the enterprise defying boundaries to provide essential services in an extraordinary manner to ensure the success of the organization and the well-being of employees.

Position Summary

  • This position an IC role provides critical administrative support to the Compensation and Benefits (C&B) team to ensure smooth processing and administering of C&B programs & initiatives.
  • Assist Compensation CoE in administering annual compensation programs and projects including merit increase bonus/ variable payout job evaluation total rewards statements etc.
  • Act as a trusted advisor by partnering with Talent Acquisition and People Business Partners on compensation matters conducting benchmarking analysis and recommending compensation packages for new and existing roles.
  • Assist in creating applying and maintaining market ranges by participating in and/or conducting salary surveys perform survey job matching and conduct ad-hoc benchmarking and market research as needed.
  • Reviews existing and proposed statutory requirements governing compensation administration and recommends appropriate courses of action.
  • May prepare special studies and recommendations on subjects such as incentive compensation bonus plans sales compensation or stock options.
  • Reviews proposed salary adjustments for conformance to established guidelines policies and practices.
  • Assist in evaluating jobs job descriptions and job architecture.
  • Perform regular audits of the compensation data to verify accuracy and ensure consistent application of roles and market ranges.
  • Actively conduct data analysis data modeling and reporting; interpret results present findings and recommend changes as needed.
  • Actively contribute to building new reports trackers and databases related to compensation.
  • Conduct market analysis to assess and update salary ranges.
  • Perform financial modeling and cost analysis for current and proposed total rewards programs and initiatives.
  • Accountable for all C&B data for India and support for APAC.
  • Liaises between the vendor & internal stakeholders to ensure smooth operations.
  • Prepares C&B reports and trackers with accurate and up-to-date information to enable decision-making at a regular cadence.
  • Assists in benefits programs review and administration to align with the Companys rewards philosophy and local legislative requirements.
  • Tracks market intelligence/trends and conducts in-depth analysis to generate insights in an ongoing basis.
  • Provides C&B advice on queries from business leaders and HR teams.
  • Assists in ad hoc C&B projects and BAU and analysis globally and regionally as assigned.
  • Support in administering the Reward & Recognition Program
  • Ensuring on-time delivery of data and approvals by comp on WD.

Qualifications

  • Must have experience of 5 years in handling compensation and benefits in prior roles.
  • Must be familiar with standard concepts practices and procedures in the compensation field.
  • Strong analytical and quantitative skills; Excellent attention to details.
  • Excellent organization and time management skills.
  • Work with moderate degree of supervision and autonomously within established procedures and practices.
  • Self-motivated team player with can do attitude.
  • Exceptional skills in Microsoft Excel data mining report creation and power point.
  • Prior workday experience.
  • Ability to handle confidential and sensitive compensation and employee information with complete discretion.
  • Advanced skills in Excel/Google Sheets and Tableau PowerBI or other analytics tools.
  • Experience working for a global organization across multiple time zone

Required Experience:

Senior IC

Employment Type

Full-Time

Company Industry

About Company

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