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Senior Manager - Compensation and Benefits

0 years

0 Lacs

Posted:1 month ago| Platform: Linkedin logo

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Job Type

Full Time

Job Description

As a Compensation Lead, you will advise and lead the design, implementation, and governance of total rewards strategies. You will deliver data-driven solutions that align compensation frameworks with the business strategy, drive employee performance, and ensure compensation planning aligns with budgetary requirements. Responsibilities: Develop and execute compensation strategies, including the design and implementation of base salary structures, short-term and long-term incentive plans, and executive compensation programs. Develop and advise on competitive pay ranges and strategic pay positioning aligned with market benchmarks and business objectives to optimize talent attraction, retention, and maintain internal equity. Manage the performance management process, ensuring consistent evaluation standards, alignment with compensation decisions, and effective communication of performance outcomes to employees and leadership. Monitor and manage manpower budgets to ensure compensation expenditures align with financial plans, providing regular analysis and forecasts to support strategic workforce planning. Skills: Comprehensive understanding of C&B principles and procedures, in familiarity with other HR domains. Understanding of Executive Compensation and compliance Frameworks. Knowledge and Understanding of HR practices and Performance Metrics. Qualifications: Master’s degree in human resources, Economics, Finance, or related field; Certification in compensation or progress towards certification is a plus. 3– years of experience in compensation consulting, total rewards, or a related HR advisory role. Strong analytical and quantitative skills; proficiency in Excel, PowerPoint, and data visualization tools preferred Show more Show less

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