03 Aug
|
Saaki Argus And Averil Consulting
|
India
03 Aug
Saaki Argus And Averil Consulting
India
Job Title: Manager- Compensation & Benefits
Location: Chennai
Job Summary:
We are seeking a highly skilled Compensation & Benefits Manager with strong payroll administration experience to lead and manage our compensation strategy, benefits programs, and payroll operations. This role will ensure that our total rewards strategy attracts, retains, and motivates employees while remaining compliant with all regulatory requirements and aligned with company objectives.
Key Responsibilities:
Compensation:
- Design, implement, and manage competitive compensation structures (base pay, variable pay, bonuses, and incentives).
- Conduct salary benchmarking and market analysis to ensure internal equity and external competitiveness.
- Oversee annual compensation review cycles including merit increases, promotions, and bonus planning.
- Provide guidance on job evaluations, leveling, and salary ranges.
Benefits:
- Manage employee benefits programs (health insurance, retirement plans, wellness programs, etc.).
- Evaluate and recommend improvements to existing benefits offerings.
- Liaise with vendors and brokers to ensure optimal service and cost efficiency.
- Handle employee queries related to benefits and ensure smooth enrollment and claim processes.
Payroll:
- Oversee accurate and timely payroll processing in compliance with local labor laws and internal policies.
- Manage end-to-end payroll operations including audits, reconciliations, reporting, and tax filings.
- Ensure payroll systems are up to date and integrated with HR and finance systems.
- Partner with finance for month-end close and payroll accounting requirements.
Compliance & Reporting:
- Ensure adherence to all labor laws, tax regulations, and internal policies.
- Maintain documentation for audits and regulatory inspections.
- Generate HR reports and analytics on compensation, benefits usage, and payroll metrics.
Stakeholder Collaboration:
- Work closely with HR Business Partners, Finance, and Legal on C&B-related; strategies and policies.
- Provide consultative support to management on compensation and payroll issues.
Requirements:
- Education: Masters Degree in HR preferred
- Experience: Minimum 10-15 years of experience in Compensation & Advantages and Payroll, including at least 2 years in a managerial role form large technology compnaies.
📌 Manager- Compensation & Benefits (India)
🏢 Saaki Argus And Averil Consulting
📍 India