Job description
Job Summary:
The Compensation and Benefits Manager in India is responsible for executing the global compensation and benefits strategy locally within India and El Salvador. This role involves designing and implementing compensation and benefits programs that are competitive and compliant with local regulations. The manager will collaborate with various stakeholders to ensure effective management of compensation processes, benefits administration, and communication strategies.
Key Responsibilities:
- Design and Implementation: Develop and implement compensation and benefits programs in alignment with global standards and regional regulations.
- Market Research: Conduct market research and analysis to ensure competitiveness of compensation packages and benefit offerings.
- Collaboration: Work with the talent organization to develop strategies for attracting and retaining top talent.
- Compensation Processes: Manage compensation processes including salary benchmarking, annual salary reviews, and incentive programs.
- Data Analysis: Analyze employee data and trends to provide insights for decision-making and optimization of compensation and benefit strategies.
- Compliance: Partner with legal and Employee Relations to ensure compliance with local labor laws and regulations related to compensation and benefits.
- Communication: Provide accurate and effective communication resources to support the talent organization and business leaders in guiding employees regarding compensation and benefit inquiries.
- Vendor Management: Serve as the primary contact with plan vendors and third-party administrators.
- Advisory: Serve as the primary contact for the RSM benefits administration team as a source of escalation for complex benefits issues.
Minimum Qualifications:
- Education: Bachelor's degree in a related field or equivalent experience. Preferred: MSW or master's degree in Human Resources, Business Administration, or related fields. Relevant certifications such as Certified Compensation Professional (CCP), Certified Benefits Professional (CBP) or Certified Employee Benefits Specialist (CEBS).
- Technical Skills: Advanced user of MS Excel, proficiency with MS PowerPoint and Word. Preferred: Knowledge of Workday.
- Experience: 5-8+ years of experience in Compensation and Benefits, with programs such as car lease, creche, NPS, gratuity, Flexi pay etc.
- Leadership Skills: Strong communication skills and the ability to work effectively with all stakeholders. Ability to meet project deadlines
Preferred Experience/Skills:
- Excellent analytical skills and ability to manage multiple deliverables.
- Agile and able to adapt in a fast-changing environment.
- Excels at providing a consultative approach and stakeholder engagement.
- Self-directed with a strong sense of urgency and problem-solving skills.
