Compensation & Benefits Manager

Job Responsibilities:

• Guiding Team members who perform Compensation & Benefits related processes
• Creating Pay Budgeting proposal & Pay sheets. Coordinating with HRBPs for processing Annual, Quarterly & Anniversary pay increase or promotions
• Payroll Input consolidating and sharing with payroll team for processing
• Preparing ARC (Avg. Rem. Cost) file for leadership and creating Master salary breakup file • Managing Annual Pay Review
• Variable Pay process administration
• Medical Insurance Benefits administration
• Salary Pay Band Governance and benchmarking Internal / External & exception handling by approving hirings for candidates factoring internal pay positioning
• Preparation of Statutory bonus arrears calculation and execution
• Experience on SAP / Peoplesoft to handle Compensation data maintenance on system & Releasing Pay increase / Bonus letters through system (via E-letter module)
• Shall be actively involved in knowledge enhancement towards Continuous Improvements/Innovation for stakeholders
• Managing Annual Pay Review
• Managing Variable Pay
• ESOP Management
• Statistical Analysis

Preferred Candidate Profile:

• Candidates with post-graduation (preferably in HR from B-Schools)
• Global C&B exposure
• Experience managing compensation for large organizations (10,000+ employees)
• Total Experience required 9+ years
• Relevant experience required 6+ in core compensation and benefits
• Experience in HR System ( SAP / Oracle / People soft )
• Good knowledge in Excel