Manager- Benefits and Compensations
Job
Overview
India Kolkata
- Finance, HR and Administration
- Permanent
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Location: Kolkata
Experience Required: 5-7 Years (Relevant Experience in Benefits and Compensations)
About Client:
An excellent opportunity to work with one of India most important power-infrastructure companies. They are at the top of Engineering, Procurement and Construction (EPC), asset ownership and operations and maintenance services in the three industry segments of generation, transmission and distribution. Incorporated in 1963 and headquartered in Kolkata, our operations are spread across India and abroad.
Responsibilities:
- Design compensation packages and bonus programs that align with the company’s strategic plan.
- Ensure salaries and benefits comply with the current legislation about human rights and pay equity.
- Identify trends and implement new practices to engage and motivate employees.
- Conduct research on employee satisfaction (e.g. using surveys and quantitative data).
- Renew our compensation plans with monetary and non-monetary benefits based on employee needs.
- Keep track of prevailing pay rates and make sure we offer competitive compensation plans.
- Draft job descriptions, job analyses and classifications.
- Structure compensation in ways that will yield the highest value for the organization.
- Evaluate and report on the effectiveness of employee benefit programs.
- Track compensation and benefits benchmarking data.
Requirements and skills:
- Experience as a Compensation and Benefits Manager or similar role.
- Hands-on experience with HRIS or payroll software.
- Knowledge of building compensation packages and bonus programs for various departments and seniority levels.
- Excellent understanding of job evaluation and job analysis systems.
- Good analytical skills.
- Familiarity with labor legislation.
- Experience with employee satisfaction surveys.
- BSc in Human Resources Management, Organizational Psychology, Finance or relevant field.
We are an equal opportunity employer that recognizes the value of a diverse workforce. All qualified individuals will receive consideration for employment without regard to race, color, age, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, genetic information, or any other criteria protected by governing law.
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