Compensation & Benefits Manager - 7+yrs - Mumbai

Location: Mumbai
Discipline: Human Resources, Compensation & Benefits
Job type: Hybrid Jobs
Contact name: Divya Gautam

Contact email: divya.gautam@crescendogroup.in
Job ref: 40447
Published: 8 days ago

Manager Compensation & Benefits 7+ Years

Location: Mumbai (Hybrid)

Embark on a dynamic journey in C&B, shaping global compensation and benefits strategies. Collaborate with cross-functional teams to craft compelling Total Rewards Solutions, driving talent retention and acquisition.

Your Employer: Global analytics company driven by its mission of making markets Function better. They are India’s foremost provider of ratings, data, research, analytics and solutions.

Responsibilities:

  1. Manage the compensation cycle (pay increase and variable pay)

  2. Design simulations based on industry insights, organization budgets and key employee retention drivers

  3. Ensuring communication of the compensation strategies to various stakeholders

  4. Disbursement of online annual increment and variable pay letters

  5. Responsible for driving the LTIP agenda, formulation of LTIP Plans, payout of LTIP each year as per plan guidelines

  6. Evaluate relevant partners across geography for compensation benchmarking

  7. Past experience in implementation of HRMS modules, experience in Compensation Module implementation and management preferred

  8. Ensuring monthly inputs for Payroll.  Liaise with external partners and Payroll team for ensuring accurate processing of monthly salaries

  9. Creating periodic dashboards and presentations as required for informed decisions

  10. Evaluating and benchmarking benefits regularly to verify the relevance and need of the organization

  11. Regular communication of available benefits to employees, encourage utilization

 

Requirements:

  1. Professionally qualified (MBA / PGDBA – HR/General management)

  2. Prior experience in compensation & benefits is must (at least 7yrs relevant)

  3. Experience in working with leaders / cross functional teams / multiple stakeholders

  4. Strong Business Communication and presentation skills with the ability to influence and convince stakeholders by objectively presenting challenging views

  5. Analytical Prowess, expertise in advanced data analytics through Excel

  6. Able to prioritize in complex, fast-paced environment.

  7. Proficient in handling employee issues with sensitivity, objectivity and empathy

  8. Team Player with the ability to network collaborate with diverse teams

  9. Ability to understand cross - cultural sensitivity and manage global interactions.

 

What’s in it for You?

  1. Global Impact: Lead the design and implementation of compensation and benefits strategies across diverse international locations, influencing organizational success on a global scale.

  2. Strategic Partnership: Collaborate closely with business leaders and HR partners to align compensation and benefits programs with corporate objectives, fostering employee satisfaction and organizational growth.

Reach us

If you think that this role will add value to your career, kindly write me an email along with your updated CV on divya.gautam@crescendogroup.in

Disclaimer: Crescendo Global is an ISO 9001:2015 certified Leadership Hiring consulting arm of Crescendo Group with expertise in mid to senior level niche recruitment. We are passionate about empowering job seekers and employers with an engaging memorable job search and leadership hiring experience. Crescendo Global does not discriminate on the basis of race, religion, color, origin, gender, sexual orientation, age, marital status, veteran status or disability status.

Note:

We receive a lot of applications on a daily basis so it becomes a bit difficult for us to get back to each candidate. Please assume that your profile has not been shortlisted in case you don't hear back from us in one week. Your patience is highly appreciated.

 

Mandatory Skills

Compensation & Benefits, C&B, Total Rewards, LTI, STI, Variable Pay, Incentive planning