Position: Head - Compensation & Benefits
Experience: 8+ Years
Qualification: MBA, PGDBM
Grade: M4
Salary Budget- ₹20.00 Lac - ₹40.00 Lac
Location- Bokaro Steel City
Note: To be eligible for consideration for this job opportunity, it is imperative that candidates have maintained a first division standing from 10th grade onwards.
Roles & Responsibilities:
- Interpret and implement HR policies regarding compensation and Benefits.
- Execute annual performance appraisal, annual performance bonus, productivity linked bonus, industry benchmark benefits, and stock options as per company policy.
- Develop compensation and rewards strategies for employees.
- Prepare HR budget and manpower cost as per the annual business plan.
- Perform salary reviews based on market and sector-specific benchmarking.
Required Skills:
- Hands-on experience in SAP.
- Knowledge of preparing compensation packages and bonus programs for various departments and different grades.
- Familiarity with different kinds of benefits and incentives.
- Strong numerical and quantitative analysis skills.
Key Result Areas (KRAs) and Key Performance Indicators (KPIs):
- Successful interpretation and implementation of HR policies.
- Timely and effective execution of annual performance appraisals and bonus programs.
- Development and implementation of effective compensation and rewards strategies.
- Accuracy in preparing HR budget and manpower cost.
- Successful completion of salary reviews based on market benchmarking.
Duties and Responsibilities:
- Ensuring compliance with HR policies.
- Overseeing the execution of annual performance appraisal and bonus processes.
- Formulating and implementing compensation and rewards strategies.
- Budgeting and cost analysis related to HR functions.
Skills and Competencies:
- Proficiency in SAP.
- Strong analytical and numerical skills.
- Comprehensive understanding of compensation structures and benefits programs.
- Excellent communication and interpersonal skills.
General Remark: The ideal candidate should possess a minimum of 8 years of experience in HR, specifically in compensation and benefits. The candidate must have a full-time MBA or PGDBM qualification. The position requires hands-on experience in SAP, knowledge of compensation package preparation, and familiarity with various benefits and incentives. Strong numerical and quantitative analysis skills are essential. The candidate should demonstrate the ability to interpret and implement HR policies effectively. The interview process will consist of 2 virtual rounds, including an HR round. The preferred age range for applicants is not specified, and the employment type is full-time. The position is based in the office, and the notice period is 30 days. The ideal companies for sourcing candidates include Tata Steel, JSW, AMNS, and other prominent steel companies.
How to Apply:
- Eligible & Interested candidates can share cv at E-mail- hr@peopleservices.in
- How to apply
We appreciate your interest in this job opportunity. If you meet the eligibility criteria and are eager to apply for the position, please provide the following mandatory details along with your updated CV:
- Full Name:
- Mobile Number:
- Current Job Location:
- Native Place:
- Current Designation:
- Total Years of Experience:
- Experience in Current Company:
- Current Annual CTC:
- Expected CTC:
- Min Notice Period (in days):
- Languages Known:
- Date of Birth:
- Highest Qualification -
- Percentage of highest Qualification:
- Highest Qualification Full Time/ Par Time:
- Duration of highest Qualification [ Start date & End date]-
- Percentage in Graduation-
- Percentage in 12th-
- Percentage 10th-
- Present Address with Pin-
- Permanent Address with Pin-
- Marital Status:
- Two Time Slots for Telephonic Interview:
- Reason for Change:
- Any Other Relevant Information:
Kindly ensure all details are accurate and up-to-date. We look forward to receiving your comprehensive application.
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