Posted: 1 year ago
Posted: 1 year ago
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Job Description
- Our Client is a well known company in BFSI space, scouting out for a Compensation & Benefits Specialist
- Job Location : Mumbai (Work from Office)
- Job Title : Lead Compensation & Benefits
- Key Responsibilities:
- Lead the design, implementation, and management of the compensation and benefits strategy to ensure competitiveness and alignment with organizational objectives.
- Conduct annual salary benchmarking, pay structure analysis, and participate in compensation surveys to ensure market competitiveness.
- Manage end-to-end salary revision processes, bonus payouts, and performance-based rewards.
- Ensure compliance with statutory and regulatory requirements related to compensation and benefits (e.g., PF, ESIC, Gratuity, Taxation).
- Lead C&B initiatives, including the design and management of executive compensation packages.
- Design & implement the variable & sales incentive schemes that provide a competitive
- Incorporate and map salary surveys data position wise to ensure internal data is in line with market data
Skills
Compensation And RewardsBenefits And RewardsCompensation And BenefitsHR AnalyticsCompensation StrategyBenchmarkingCompensation PlanningHR OperationsCompensationExecutive CompensationIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
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