05 Nov
|
UltraTech Cement
|
India
05 Nov
UltraTech Cement
India
• Compensation Strategy & Benchmarking
• Design and administer competitive compensation structures aligned with market benchmarks and business objectives.
• Conduct periodic salary benchmarking and compensation surveys to ensure external competitiveness and internal equity.
• Drive annual compensation review processes, including merit increases, promotions, and incentive payouts.
• Recommend compensation interventions to attract, retain, and motivate critical talent.
• Rewards & Recognition (R&R;)
• Develop and execute employee reward and recognition programs that reinforce organizational values and performance culture.
• Enhance employee engagement through innovative monetary and non-monetary recognition initiatives.
• Monitor effectiveness and ROI of recognition programs through participation and satisfaction metrics.
• Benefits Administration
• Manage end-to-end employee benefits portfolio including insurance, retirement benefits, wellness programs, and statutory benefits.
• Ensure seamless administration of medical, life insurance, relocation, housing, and employee welfare schemes.
• Review and optimize benefit plans to improve employee experience while maintaining cost efficiency.
• Compensation Governance & Compliance
• Ensure compliance with compensation policies, labor laws, taxation regulations, and statutory requirements.
• Maintain robust controls and governance around payroll inputs,
benefits administration, and compensation decisions.
• Support internal and external audits related to compensation and benefits programs.
• HR Analytics & Cost Management
• Track and analyze compensation cost, benefit utilization, pay equity, and workforce cost trends.
• Prepare rewards dashboards, HR MIS, and executive reports for leadership decision-making.
• Drive compensation budget adherence and optimize people cost without compromising employee value proposition.
• Job Evaluation & Salary Structure Management
• Facilitate job evaluation, grading, banding, and role mapping to ensure organizational consistency.
• Maintain salary architecture, pay ranges, and career progression frameworks.
• Support organization restructuring and role harmonization through compensation frameworks.
• Employee Value Proposition (EVP)
• Strengthen the organization's rewards philosophy and EVP to enhance talent attraction and retention.
• Drive communication and awareness of rewards and advantages programs across employee groups.
• Partner with business leaders to improve employee satisfaction regarding compensation and benefits offerings.
• Employee Life Cycle & WFA Management
• To manage employee life cycle and WFA transaction tracking
• Monthly Audit and closing of WFA points
• Poornata Management
📌 FLM HR (India)
🏢 UltraTech Cement
📍 India