Snr Manager -Compensation Benefits

Job Title: Sr. Manager/AGM-HR

Experience: 10-12 years

Department: HRD

Job Location: H.O.(Bangalore)

Reports to: GM- HR (Service Delivery & Technology)

Compensation & Benefits

Primary Responsibilities: -

• Evaluate existing compensation and benefits programs,policies, and procedures.
• Define a fair, equitable and competitive total compensation and benefits package that fits and is aligned to our company's strategy and business goals.
• Ensure that compensation practices are in compliance with current legislation (minimum wages, pay equity, etc).
• Conduct, job analysis, job evaluations and job classifications.
• Participate in salary and labor market surveys to determine prevailing pay rates and benefits.
• Conduct benchmarking surveys to understand best practices and emerging competitive trends related to Compensation & Benefits.
• Use various methods and techniques to make data-based decisions on direct financial,indirect financial compensations.
• Research & identify third-party services / administrators offering best options & value.
• Develop communication tools to enhance understanding of the company's benefits package.
• Oversee maintenance of employee benefits files, maintain group benefits & reward databases and update employee payroll records.
• Document and maintain administrative procedures for assigned compensation, benefits & reward processes.
• Monitor, evaluate and revise internal processes to increase efficiency & effectiveness in the area of Service Delivery.
• Conduct periodic self-audits.
• Assist in preparation of budgets, reports, and presentations.
• Manage daily operations related to compensation and benefits activities.
• Support HR team members in the area of recruitment and talent management and other HR related activities.
• Extend support and maintain the positive and influencing relationship with both internal and external customers.

Payroll Management

Strong Knowledge in: -

Attendance Management

• Supervise and ensure smooth functioning of attendance

process & Leave Management.

Payroll process

• To assist timely processing & payout of Bonus, Variable Pay, Incentives & Service Bonus.
• Preparing & upkeep of salary register.
• Ensure timely statutory remittance like PT, PF, ESIC etc.,
• Process monthly salary deductions as applicable.
• Ensure receipt of all supporting documents related to F&F settlement.

Other Activities

• Assisting for Manpower Budget planning.
• Verification of third-party payroll process & statutory requirements
• Co-ordinating for Internal & External audits
• Generating various Payroll related reports & MIS.

Education: Post Graduation in HR / Finance / Business Administration

Years of Experience: 10-12 Years in Compensation & Benefits Management.

Specialized Knowledge:

• Working knowledge of job evaluation and job analysis systems.
• Adequate knowledge of current labor rules and regulations.
• Familiarity with various types of incentives and benefits.
• Extensive knowledge of HRIS and MS Office.
• Strong quantitative and analytical skills.
• Excellent communication and organization skills.

Behavioral Skills

People & process orientation, customer service, planning & prioritizing, initiative, responsiveness, adaptability, effective communicator, influencing skills, self-motivation & integrity.

Skills : C&B