29 Sep
|
Omam Consultants
|
New Delhi
29 Sep
Omam Consultants
New Delhi
A Compensation Consultant in Omam Consultants typically helps clients to design, analyze, and manage fair reward/ compensation & benefits programs that ensures attraction & retention of talent.
Core Responsibilities
Market Benchmarking: Analyze market/ industry data to help clients compare their pay ranges against competition.
Structure Design: Build base salary & other components of compensation structure as per the Recent Wage Code and bonus/ performance pay frameworks, and total reward strategies that match clients goal.
Pay Gap Analysis: Review client compensation data to arrive-at “Situational Analysis” and fix compensation gaps and internal inequities across benchmark organizations through corrections & compa-ratio.
Job Matching/ Equivalence:
Assess job roles and responsibilities to assign appropriate classifications & arrive-at equivalence.
Legal Compliance: Ensure that client compensation models adhere to the law of the land and emerging practices
Key Skills Required
Data Analytics: Solid ability to deal with complex data and use various tools.
Strategic Communication: Present complex compensation strategies clearly to client and internal teams.
Industry Knowledge: Deep understanding of white collared and blue collared compensation and perks
📌 Compensation Consultant New Delhi
🏢 Omam Consultants
📍 New Delhi