About this role
Member - Total Rewards and Compliance
Job Description: Responsibilities Prepares the compensation and benefits budget , including the regular monitoring , reporting and adjusting of the budget Coordinates C&B processes like the salary planning , bonus planning , new benefits introduction , etc. Analyses different components of the remuneration scheme in the organization and prepares reports about the internal equity and external competitiveness Designs and develops different schemes of the variable remuneration (incentive schemes for the Sales functions , bonus schemes) Supports and manages compensation projects for the entire organization which includes compensation reviews, long term incentives, retention, role changes etc. Participates as the team member in the strategic projects and initiatives Design policies to close gaps in the compensation of employees (introducing the internal equity at affordable costs) Work with various stakeholders for implementation of the HR compliance initiatives Ensure adherence on the internal monitoring mechanism for all HR compliance related activities
Requirements
Proven working experience as a compensation and benefits specialist Prior experience in HR practices and compensation cycle management Working knowledge of job evaluation and job analysis systems Familiarity with various types of incentives and benefits Extensive knowledge of HRIS and MS Office Strong quantitative and analytical skills BS degree in human resources , business administration or finance