Lead - Compensation & Benefits-Mumbai

  

   

Job Description: Lead - Compensation & Benefits
Working Days: 5 days
Mandatory Educational Requirements: MBA or PGDBM
Mandatory Skills Required: Company Policy, Compensation and Benefits, HR Policies, Performance Appraisal, Salary Reviews, Manufacturing Industries
Note: Need local candidates
Requisition Preview for Lead - Compensation & Benefits
Salary Budget: ₹15.00 Lac - ₹20.00 Lac
Total Experience: 4 - 8 years

Relevant Experience: 4 - 8 years
Notice Period: 7
Position Type: Full time
Gender Preference: No Preference
Location: Mumbai
Intended-DOJ: 29-02-2024
Industry: Industrial & Manufacturing
Job Role Type: HR & Administrative
Job Description:
Position Name: Lead - Compensation & Benefits
Experience: 4 to 8 Years
Qualification: MBA, PGDBM

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 the employees.
Prepare HR budget and manpower cost as per annual business plan.
Perform salary reviews based on market and sector-specific benchmarking.

Required Skills:
Knowledge of preparing compensation packages and bonus programs for various departments for different grades.
Familiarity with different kinds of benefits and incentives.
Experience in job evaluation and benefits benchmarking.
Conducted at least three end-to-end PMS cycles.
Strong numerical and quantitative analysis.

Instruction Input Matrix:
Work From: Office
Language Preference: English, Hindi
Ideal Companies to be Sourced From: Any Manufacturing
Sourcing Keywords: HR policies, Compensation, Benefits
Interview Process: 1 VC & F2F (Final)

Who is an Ideal Candidate?
We are seeking a dynamic Lead in Compensation & Benefits with 4 to 5+ years of experience, holding an MBA or PGDBM qualification. The ideal candidate will excel in interpreting and implementing HR policies, executing performance appraisals and bonus programs, and developing strategic compensation and rewards schemes. Proficiency in preparing compensation packages, conducting job evaluations, and performing benefits benchmarking is essential. Strong analytical skills and experience in managing HR budgets are prerequisites.

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:
  • Do you have any gap in your career and education?
  • Reason for Change:
  • Any Other Relevant Information:
  • 1- Have you designed/implemented incentive charts? Answer: 2- Have you worked & implemented any HRMS? Answer: 3-Have you done manpower planning and HR budgeting? Answer: 4- Have you managed appraisals? Answer: 5-Have you managed compensation benchmarking?
    Answer: Are you agree with 20-25% hike expectation on your current CTC? Answer:

  Kindly ensure all details are accurate and up-to-date. We look forward to receiving your comprehensive application.

  E-Mail: hr@peopleservices.in
  
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  Thank you

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