Part of the compensation and benefits function responsible for end-to-end management of employee benefits, rewards and recognition, flexi compensation models into system and maintaining payroll trackers.
Major Areas of Responsibilities & Authorities
Insurance:
End to end Administration of GMC, GPA, GTL, EDLI, FSG & OPD policies of company via Brokers / Insurer and being a point of contact in BEL for employees
Monthly addition, deletion and changes to be shared with broker ensuring all employees and their dependents are covered under company insurance policies.
Maintaining insurance master list including documents for audit.
On time policy renewal for corporate & plant policies
Conducting Wellness sessions via external partners by coordinating with relevant stakeholders.
Conducting regular audit to check if employees and the dependent are added and are part of respective policies.
Participating in advantages survey and presenting results to Vertical Head – Performance and Rewards.
Wellness:
Manage end to end wellness calendar from designing annual calendar specifically for BEL along with Broker to implementing it on monthly basis.
Conducting Medical camps across Corporate and Plant once a year.
PMS:
End to end management of PMS from Goal Setting stage to Annual Appraisal and Letter release.
Working on testing the forms in DarwinBox and launching Goal Setting, Mid-year and Annual forms as and when required.
Working on Increment and Incentive calculations.
Flexi Perks:
Retirals management like NPS, Superannuation via flexi compensation system.
Manage flexi allocation for all employees during annual exercise including compensation structure. Roll out flexi plans for current joiners and update DarwinBox / payroll records.
Facilitate NPS process & ensure timely communication & enrollment
Manage Car Lease administration & reconciliation
Promote benefits program within company via mailers, cascade ses
📌 Specialist Compensation And Benefits C&b Mumbai (India)
🏢 Bajaj Electricals
📍 India
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