Job Description for: "Compensation and Benefits Managers"
Plan, Direct and coordinate the Compensation and benefits activities of the organization so as to deliver the desired business results. ACCOUNTABILITIES Develop & drive a single C&B strategy for all Zenta companies in India. Manage the design and development of tools to assist Managers in benefits selection, and to guide managers through compensation decisions. Prepare budgets for HR operations. Study legislation, market, arbitration decisions, to assess industry trends.
Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and HR policies. Administer, direct, and review employee benefit programs, including the integration of benefit programs following mergers and acquisitions. Identify and implement benefits to increase the quality of life for employees, by working with C&B consultancy firms and researching benefits issues. Design, evaluate and modify benefits policies to ensure that programs are current, competitive and in compliance with legal requirements. Analyze compensation policies, government regulations, and
prevailing wage rates to develop competitive compensation plan.
Mediate between benefits providers and employees, such as by assisting in handling employees' benefits-related questions or taking suggestions.
Analyze statistical data and reports to identify and determine causes of personnel problems and develop recommendations for improvement of organization's personnel policies and practices. Develop methods to improve employment policies, processes, and practices, and recommend changes to management. Design Incentive programs aligned to drive required business behaviour. Be the owner of the Human Resources Information system and its effective implementation.
Human Resources -- Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems. Administration and Management -- Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources. .Law and Government -- Knowledge of laws, legal codes, court procedures, precedents, government regulations. Economics and Accounting -- Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
QUALIFICATIONS AND EXPERIENCE The incumbent should have relevant experience in a manager capacity of around 10 years. Should preferably be an MBA. The position is based in Mumbai and will report to the India Head of Human resources. The responsibility of the individual will pan across different business verticals for Zenta