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Chief /Sr. Manager – Compensation & Benefits

Navi Mumbai
Full-Time
Senior: 7 to 10 years
25L - 40L (Per Year)
Posted on Mar 14 2024

Not Accepting Applications

About the Job

Skills

Compensation Structures
advanced excel
Total Rewards Strategies
Cross-functional Team Leadership
Analytical thinking
Problem Solving
Incentive Programs
Payroll process

Chief Manager/Sr. Manager – Compensation & Benefits

 

Job Description

·      Managing Compensation & Benefit strategy for the company and its subsidiaries.

·      Manage M&A integration - policy, grade and compensation integration of portfolio organizations

·      Design differentiated reward strategy across different employee segments and levels – Long term incentive programs, ESPOs, Retention programs, various short term incentive programs etc

·      Ensuring audit and governance of compensation and benefits related policy design, policy adherence and data management

·      Managing annual salary review exercise and administration of off-cycle pay adjustments

·      Ensuring proper organization design & grade structure with job evaluation studies

·      Ensure external competitiveness of internal salary ranges by benchmarking against comparators.

·      Drive digital transformation to ensure that reward strategy is executed across large and diverse workforce

·      Drive manpower and cost budget exercise and AOP preparation

Skill & Competence

·      Advanced knowledge of Excel, HRIS and payroll processes

·      Understanding compliance, acts and regulations pertaining to compensation and benefits

·      Working knowledge of SAP is preferable but not mandatory

·      Team management experience is preferable

Education Required

·      Full time Postgraduate/MBA

 

Experience

7+ years

About the company

Reliance Retail is India's largest, fastest growing and most profitable retailer with a diversified omni-channel presence via integrated store concepts, digital and new commerce platforms. We provide consumers with an outstanding value proposition, superior quality products and an unmatched shopping experience. Founded in 2006 with a view to revolutionize retail in India, we have, over the yea ...Show More

Industry

Retail

Company Size

10001+ Employees

Headquarter

Mumbai, Maharashtra

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