Manager - Compensation & Benefits - IT (7-8 yrs)

We are hiring for the position of Compensation & Benefits Manager with one of the leading organization

- Experience: 7-8 years

- Location: Mumbai, Pune

Role & Responsibilities:

- Analyze industry trends and benchmark compensation and benefits practices to ensure competitiveness and compliance with legal requirements.

- Maintain internal salary bands, compensation database.

- Utilize data and analytics to evaluate the effectiveness of compensation and benefits programs, and make recommendations for improvements.

- Design and implement compensation and benefits programs.

- This involves developing and managing competitive salary structures, bonus plans, and employee benefits packages

- Create and update policies and procedures related to compensation, salary administration, and incentive programs.

- Work closely with HR and finance departments to align compensation and benefits strategies with overall business objectives.

- Provide guidance and support: Assisting employees with questions or concerns related to compensation and benefits, and providing guidance on company policies and procedures.