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Job Views:  
124
Applications:  75
Recruiter Actions:  39

Posted in

HR & IR

Job Code

1532033

Specialist - Compensation & Benefits

8 - 13 Years.Navi Mumbai/Mumbai
Posted 4 months ago
Posted 4 months ago

Specialist - Compensation & Benefits


Duties and Responsibilities:

Compensation Management:


- Develop and maintain competitive compensation structures for various job levels and functions.


- Assisting in evaluations and market surveys to ensure salary ranges remain competitive and equitable and ensure positions are classified correctly and compensated fairly.


- Monitor and analyse compensation trends and recommend adjustments to salary structures.


- Assist with salary benchmarking and ensure internal equity.


- Support the annual salary review process, ensuring consistency and fairness.


Benefits Administration:


- Administer Policy formulation, employee benefits programs, including health insurance, retirement plans, and wellness initiatives.


- Communicate benefits offerings clearly to employees and assist with enrolment, changes, and claims processes and help addressing their queries


Compliance & Reporting:


- Ensure compensation and benefits practices comply with local, state, and federal regulations.


- Prepare and submit periodic reports related to compensation, benefits, and workforce analytics.


- Assist in creating and maintaining policies and procedures related to compensation and benefits.


Employee Communication & Support:


- Provide guidance and support to employees on compensation and benefits-related questions or concerns.


- Organize and lead training sessions on compensation and benefits programs.


- Develop communication materials and presentations to promote employee engagement and understanding of available benefits.


Data Analysis & Optimization:


- Analyse compensation and benefits data and provide recommendations for program improvements or adjustments


- Performance Management Process


- Running Payroll


Qualification & Experience:


- Graduate with MBA in HR preferred. Relevant HR certifications (e.g., Certified Compensation Professional (CCP),


- Certified Employee Benefit Specialist (CEBS)) are a plus.


- 10 to 12 years of relevant experience in compensation and benefits


- Strong knowledge of compensation structures, benefits programs, and legal requirements related to employee compensation and benefits.


Hands-on experience working with external benchmarking agencies such as Mercer, Hewitt, Aon, and Cerberus

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Job Views:  
124
Applications:  75
Recruiter Actions:  39

Posted in

HR & IR

Job Code

1532033

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