Team Member Compensation and Benefits
Exp:2 - 4 Years
Job Positions: 1
Must To Have:
Minimum 2 years experience in designing compensation and benefits programs
Salary benchmarking & Appraisal Cycle handling
Knowledge of labor legislation
Experience with HRIS including payroll tools (preferred)
Analytical skills and Excel
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This opening is for corporate office. Candidate needs to be extremely smart and excellent in communication skills as this is a frontending role with all stake holders.
Look for candidate who can join within 30 days.
Additional :
Work Location - Kolkata
All days work from Office
2 to 3 rounds of interview
Look for candidates who are already based in Kolkata
ORGANIZATION CHART:
Designation of immediate superior to whom the position will report Lead OD, L&D, Compensation
Role designation Team Member- Compensation & Benefits
Designation of role holders - team members who are reporting directly to the role holder Team members Role
WORK RELATIONSHIPS- INTERNAL AND EXTERNAL CONTACTS:
Contact point (Department/location/ Organization/institute) Designation of person contact Purpose of contact
Internal All employees within the organization Compensation and benefit design Increment cycle Handing PMS
External Compensation Benchmarking consultants SF implementation partner Compensation design & maintain compensation managing platform Supporting on PMS
Screening Questions:
Q1. Does the candidate have minimum 2 years experience ?*
Yes
No
Q2. How many years experience in designing compensation and benefits programs ?*
Less than 2 yrs
2- 3 yrs
3+ yrs
Q3. How many years in Salary benchmarking & Appraisal Cycle handling ?*
Less than 2 yrs
2 -3 yrs
3+ yrs
Q4. Does the candidat have Knowledge of labor legislation ?*
Yes
No
Q5. Does the candidat have experience any with HRIS, please mention the which one? *
Q6. Is the candidate good with Analytical skills and Excel ?*
Yes
No
Q7. What is the candidate's Notice Period?*
7- 14 days
15- 30 days
31- 45 days
anove 45+ days
ROLE TITLE/ DESIGNATION Team Member- Compensation & Benefits
DEPARTMENT HR and Admin
Role Purpose:
OBJECTIVE (AREA) HOW (METHODS OF ACHIEVEMENT) MEASUREMENT (END RESULT)
Driving Compensation & Rewards Operating & Maintaining reward strategy as per the Organization's People philosophy Communicate Principles and Philosophy of Compensation & Benefits (including Salary Review) to relevant stakeholders Designing increments in line with the defined compensation policy. Performing the salary benchmarking study. (As per internal and external parity) 100% implementation of new compensation structure & rewards
Compliance Alignment of Compensation and reward structure in line with existing regulatory compliance. Continuously updating the compensation philosophy of the organization to be compliant with relevant labour codes.
New Candidate Offer preparation Designing offers as per the defined Compensation & Benefit (C&B) structure on Success Factors Platform Handling offer negotiation and strengthening PCBL employer brand TAT of two working days.
PMS Execution Driving the Business performance through – B2MOM process model Conducting Goal Cascading Workshops across locations for effective goal setting in line with Organizational Vision Conducting Goal Audit in line with SMART goal formation and employee development objective Driving Mid-Year review and Annual Appraisal Cycle Driving the Annual Reward Cycle - Increment, markest corrections and promotions. Driving employee feedback discussion. Conducting Workshops across locations. Ensuring goal setting and appraisal cycle closure 100% coverage across plants On-time completion
Mid-Year Appraisal Launch Launch of the mid-year appraisal process on Success Factor (SF) and collecting feedback Implementation by September and closed by October
Digitization of annual compensation cycle Understanding the compensation cycle at Digitizing process for better effectiveness 100% implementation of action plans as per agreed timelines
Annual Budgeting Responsible for Annual Client Budgeting Monthly review of Variance Adherence to Approved Budget
Please mention the following as per what is MINIMUM necessary for effective performance in this job
Basic level of education (Diploma/Graduate/B.Tech/BE/ME) Degree: Bachelor's Degree
Stream: Any
Post Graduate qualification Degree: MBA/PGDM
Functional skills Excellent communication skills Experience with HRIS including payroll tools (preferred) Experience in designing compensation and benefits programs Knowledge of labor legislation Analytical skills and Excel
