1.Job Purpose
This job requires a dynamic individual who understands the holistic view of the Total Rewards function and with customer-centricity, thus help ensure appropriate data management, analytics and initiatives.
2.Principal Accountabilities
a. Compensation & Benefits
- Design, review, and implement compensation structures across job levels and business units. Preferably - knowledge of compensation plans for India & Expat employees.
- Manage salary benchmarking exercises using market data and industry surveys (e.g., Aon, Mercer)
- Pay parity administration (internal & external parity checks), defining pay ranges
- Supporting annual Performance Management & promotion process for the organization
- Performance Incentive administration inclusive of design and retention plans
- Analyze compensation trends and provide strategic insights/recommendations.
- Manage employee benefits and reimbursements (leave policy, etc.)
- Policy Formulation & Governance draft, review and implement HR policies
- Review and update practices in line with market best practices and organizational needs.
- Annual Budgeting inclusive of cost impact analysis
b. HR Technology/Systems & Reporting
- Operate and maintain employee data in HCM systems (knowledge of systems e.g. PeopleStrong, Darwinbox, etc).
- Monthly reports, dashboards
- HR analytics for C&B
- Lead Internal Audits spoc for HR & Admin internal, statutory and compliance related
- Vendor coordination and managing invoice clearances
c. Payroll Management
- Oversee monthly payroll processing (payroll is outsourced), ensuring accuracy and compliance with statutory laws (PF, ESIC, PT, TDS, Bonus, Gratuity, etc.).
- Review payroll inputs, reconciliations and validations such as new joiners, exits, leaves, attendance, and deductions
- Ensure payroll accuracy
- Support with salary reports, payslip , Form16, and other payroll documentation
- Stay updated on tax norms, labor laws and ensure proactive compliance
d. General C&B related
- Creating and maintaining employee personal files
- Query handling on C&B inclusive of payroll related
- Managing employee self service portal & e-ticketing system
- Drive automation and process improvements for process efficiency
3. Education qualification and pre-requisites
- Education qualification and certifications PGDBM/PGDM/MBA in HR
- Min of 8-10 years of experience relevant experience in Compensation & Benefits, including overseeing payroll with knowledge of payroll systems and statutory requirements in India.
- Very good in Microsoft office (especially word and excel)
- Digital HR orientation (should have worked on process streamlining/automations) - Experience with HCM platforms
- Exposure to either HCM or process automation implementation
- Knowledge of Indian labor laws and statutory deductions
- Strong communication (verbal and written) and stakeholder management skills
- Strong analytical and numerical ability
- Design thinking and process oriented
- Time management skills
- Presentation skills
- Planning, coordinating, and integration skills
- High attention to detail and integrity in handling confidential information
- Collaborative approach