Job Details

Assistant Manager, Compensation & Benefits

Location: BANGALORE,  KARNATAKA

Date Opened: 10/19/2022

Job Type:

Job Number: 220003NV

Job Description

What This Position is All About

The Assistant Manager, Compensation & Benefits will lead the C&B philosophy and administration for 600+ employees in India, working closely with the global head of C&B and reporting into the Head of HR for India.

Who You Are:
  • Passionate about improving and learning new technologies

  • Able to create a sense of community in the team and shares an open dialogue.

  • Can be depended on unique mindsets and bringing new perspective to problem solving.

  • Works in a challenging environment, driving positive outcomes and leading through results

You also have:
  • 8 to 10 years of work experience in HR

  • MBA from a reputed university/institution preferred

  • Prior experience in the C&B function of atleast 4 years

As the Assistant Manager, Compensation & Benefits, you will:

  • Lead the compensation and benefits portfolio for the India office

  • Revaluation of the compensation structure for India and work on making it more competitive and employee friendly

  • Provide C&B Analytics to provide insights to business and leadership and assist them in decision making

  • Ensuring accuracy and timeliness of computation of pay changes during entire employee life cycle (Hiring, Promotion, Transfers, Retirement, Exits, etc.)

  • Work extensively on planning and execution of annual merit planning and variable pay programs, and ensure a smooth closure on time

  • Designing of Long Term and Short Term Incentives

  • Robust Exercise on internal + external benchmarking to analyse the and collect market leading best practices and work to introduce the same in the organization

  • Ensuring availability of market data across industry for connecting with suitable partners for benchmarking studies

  • Lead and Implement Job Evaluation for the organization

  • Work regularly on cost impact analysis and compensation ratios to evaluate budgeting and accurate payroll input year long

  • Manage and maintain the classification of roles as well as the regional incentive plans, and provide all data required

  • Facilitate in completion of annual appraisal and periodic talent management discussions

  • Design and implement the benefits and wellness program for the company

  • Responsible for end to end design and management of all employee-related benefits and policies

  • Design, communicate and continuously improve employee benefits/policies

  • Strengthen the Compensation and benefit awareness by conducting C&B education sessions

  • Responsible for HR policy design & communication to reach intended group of audience

  • Monitor utilization/penetration of benefits and incentives and design employee initiatives for the same

How Often You May Travel:

  • NA

Your Life and Career at HBC:

  • Be part of a world-class team; work with an adventurous spirit; think and act like an owner-operator!

  • Exposure to rewarding career advancement opportunities, from IT to Human Resources, Merchandising to Finance.

  • A culture that promotes a healthy, fulfilling work/life balance

Job Qualifications

Thank you for your interest with HBC. We look forward to reviewing your application.

 

HBC provides equal employment opportunities (EEO) to all employees and applicants for employment.