For over 5 decades, VIP has revolutionized the luggage and travel categories with continuous product innovations, adherence to quality and international aesthetics. Today our universe, apart from VIP, includes stellar brands like Carlton, Skybags, Aristocrat and Caprese. It is no surprise that VIP is a consumer favorite and an undisputed leader in the luggage category.
Our Culture:
At VIP, our success is powered by People, Brands and Distribution. Be part of a energetic organization which offers a challenging and rewarding work environment encouraging personal growth and professional development. Integrity is at the core of who we are!
Position:
We are looking to have a Manager - Compensation & Benefits join our Human Resources team based at Corporate Office, Mumbai.
Education Qualification: MBA from premier B Schools
Experience Range: 5 to 9 years post MBA
What this role will deliver:
- Compensation benchmarking with Aon, Mercer and market data mapping for all roles across the organization.
- Benefits benchmarking and end-to-end employee benefits management to create a strong Employer Value Proposition
- Owning the conceptualization & execution of LTIP plans, incentive schemes for functions / departments in the organization
- Offer fitment design & execution for all functions.
- Ensure salaries and perks comply with the current legislation.
- Conducting audits on a regular basis and also preparing reports
- Monitor the internal pay ranges, undertake competitive analysis and market trends to provide expert guidance on salary movements, appropriate compensation and grade fitment of new hires and internal movements across all business units/functions of the organization.
- Structure compensation in ways that will yield the highest value for the organization.
- Work in liaison with key stakeholders.
- Hands on working on HR System Application
What we look for in the incumbent
- Effective Communication, Interpersonal and analytical skills
- Well-versed with Labour Legislation and HR compliances
- Process improvement mindset, understanding of key operational processes.
- Strong relationship skills, and Ability to collaborate with stakeholders for effective problem resolution and change management.
- Marked ability to influence policy development and relate work to wider strategic & operational needs of the business.