Sr Compensation Specialist

Honeywell

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profile Job Location:

Bengaluru - India

profile Monthly Salary: Not Disclosed
Posted on: 2 days ago
Vacancies: 1 Vacancy

Job Summary

Responsibilities

Key Responsibilities

  1. Compensation Consulting Market Pricing & Pay Equity
  • Serve as a trusted compensation advisor to HR Business Partners and business leaders by providing market-based guidance pay recommendations and decision support aligned with compensation philosophy and regional practices
  • Partner with leaders to evaluate compensation decisions related to hiring promotions internal movements retention and exceptions ensuring alignment with internal equity market positioning and budget guidelines
  • Drive incentive standardization for India with plans to extend frameworks and best practices across APAC
  • Conduct internal pay equity analyses across employee groups with a particular focus on university hires and recommend data-driven adjustments where appropriate
  • Support annual and off-cycle compensation processes by providing consultative guidance approval support and pay differentiation insights
  • Respond to ad-hoc compensation and market analysis requests translating complex data into clear leader-ready insights and recommendations
  • Ensure consistent interpretation and application of compensation policies guidelines and governance standards in partnership with HRBPs and regional stakeholders

  1. Benefits

Wellbeing Initiatives

  • Lead mental wellbeing activities throughout the year across India locations
  • Manage the Honeywell Wellbeing Hub calendar and coordinate sessions with the Inclusion & Diversity team

Vendor Management

  • Oversee the Employee Assistance Program (EAP) with 1to1Help (PIA reviews quarterly connects onsite counselor proposals retrenchment support and overseas counseling)
  • Manage vendors for the Annual Health Check-up program (Mfine) Pregnancy Care Program (Truworth Wellness) and employee discount programs (Pluxee)
  • Collaborate with the WTW broker on benefits renewals and insurance processes in partnership with the Benefits Delivery team

Communication & Coordination

  • Prepare and distribute APAC Total Rewards newsletters
  • Collaborate on HR projects and training initiatives such as People Podcast and GCP training

HR Initiatives

  • Conduct sessions under the People Podcast Live series on topics including EAP medical insurance ERGs and annual health check-ups
  • Promote wellbeing benefits and initiatives across India locations

  1. Others

University Relations Support

  • Maintain university relations offers for India
  • Manage college tiering and market references for full-time and intern offers

HR Systems & Process Support

  • Participate in UAT/UAM activities for the new HCM platform
  • Support offer-related compensation queries during system transitions

Stakeholder Engagement

  • Regularly engage with HR Business Partners Legal GDA HRS Global Compensation teams Data Privacy Talent Acquisition Procurement University Relations Benefits Delivery teams and external vendors (WTW EAP PCP AHC providers)


Qualifications

Qualifications

  • Masters degree in Human Resources Business Administration or a related field
  • 7 years of experience in HR Compensation & Benefits or a related field
  • Strong analytical data management and communication skills
  • Proficiency in HR systems (HCM) and advanced Excel
  • Excellent communication and stakeholder management skills
  • Leverage an extensive market network to access timely and relevant insights.

Key Competencies

  • Compensation Consulting & Business Partnership
  • Analytical Thinking & Problem Solving
  • Stakeholder Engagement Vendor & Project Management
  • Attention to Detail
  • Ability to manage multiple priorities in a fast-paced environment



Required Experience:

Senior IC

ResponsibilitiesKey ResponsibilitiesCompensation Consulting Market Pricing & Pay EquityServe as a trusted compensation advisor to HR Business Partners and business leaders by providing market-based guidance pay recommendations and decision support aligned with compensation philosophy and regional pr...
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Key Skills

  • Sales Experience
  • Crane
  • Customer Service
  • Communication skills
  • Heavy Equipment Operation
  • Microsoft Word
  • Case Management
  • OSHA
  • Team Management
  • Catheterization
  • Microsoft Outlook Calendar
  • EHS

About Company

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Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability ... View more

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