Job Description
Company Description
Version 1 is celebrating 25 years in the IT industry this year and we continue to be trusted by global brands to deliver IT solutions that drive customer success.
Version 1 is not just a Microsoft Gold Partner, an AWS Premier Consulting Partner and an Oracle Platform Partner; we are also an award-winning employer and our employees are at the heart of Version 1. We invest in a strong culture of wellness through programs that help our employees create their journey toward optimal wellbeing. This framework is based on the ‘Strength in Balance‘ theme and this seen again in our Diversity, Inclusion and Belonging Team motto “Bring Your Difference“.
Job Description
Core Responsibilities
Design, implement and manage all compensation and benefit programs and processes across multiple location, ensuring that these programmes support the business objectives.
Proactively monitor market trends and financial aspects of our compensation, benefits and rewards programmes to ensure cost effectiveness and market competitiveness.
Support the design and management of all company commission plans, bonus and incentive programs across all areas of the business.
Management of full compensation cycle, compensation planning, and other compensation related activities.
Management of the full salary, rewards and benchmarking review process ensuring timely and successful delivery.
Act as a subject matter expert in proving timely advice, direction and recommendations to Senior Management.
Preparation of materials for compensation and benefits recommendations for the Executive Board.
Establish and maintain strong working relationship with relevant key stakeholders.
Continuously review policies and processes and recommend improvements.
Drive and implement process improvements where needed and take the lead on associated projects.
Conduct regular market analysis, job evaluations and salary modelling.
Completion of all mandatory legislative reporting as required e.g. Gender Pay Gap, CSO.
Qualifications
Ideally you will possess the following qualifications, skills, knowledge, and attributes:
A track record of success in a similar role is essential, ideally with a minimum of 7 years’ experience in finance, compensation, or human resources with an in-depth knowledge of core compensation terminology and best practice.
Highly driven with emphasis on attention to detail, accuracy and the needs, objectives and challenges of internal and external stakeholders coupled with the ability to see the broader picture.
Strong commercial acumen and the ability to align Global reward policy to business objectives.
A highly collaborate team ethos is essential.
Highly numerate with strong analytical and quantitative skills with the ability to prepare, evaluate data well and quickly to generate meaningful insights.
An innovative and agile approach to policy and program design, development and practical implementation experience is essential.
Advanced spreadsheet skills. Proficiency in other MS Office applications.
Additional Information
Before you apply, here are some of our benefits. We offer profit share, pension, private healthcare cover, flexible working policy and more. We offer incentives for accreditations and educational assistance for courses relevant to your role.
We offer employee recognition in the form of Excellence Awards and CallOut which is awarded by your peers. Engagement is incredibly important with local engagement teams driving our engagement events!
Version 1 is celebrating 25 years in the IT industry this year and we continue to be trusted by global brands to deliver IT solutions that drive customer success.
Version 1 is not just a Microsoft Gold Partner, an AWS Premier Consulting Partner and an Oracle Platform Partner; we are also an award-winning employer and our employees are at the heart of Version 1. We invest in a strong culture of wellness through programs that help our employees create their journey toward optimal wellbeing. This framework is based on the ‘Strength in Balance‘ theme and this seen again in our Diversity, Inclusion and Belonging Team motto “Bring Your Difference“.
Job Description
Core Responsibilities
Design, implement and manage all compensation and benefit programs and processes across multiple location, ensuring that these programmes support the business objectives.
Proactively monitor market trends and financial aspects of our compensation, benefits and rewards programmes to ensure cost effectiveness and market competitiveness.
Support the design and management of all company commission plans, bonus and incentive programs across all areas of the business.
Management of full compensation cycle, compensation planning, and other compensation related activities.
Management of the full salary, rewards and benchmarking review process ensuring timely and successful delivery.
Act as a subject matter expert in proving timely advice, direction and recommendations to Senior Management.
Preparation of materials for compensation and benefits recommendations for the Executive Board.
Establish and maintain strong working relationship with relevant key stakeholders.
Continuously review policies and processes and recommend improvements.
Drive and implement process improvements where needed and take the lead on associated projects.
Conduct regular market analysis, job evaluations and salary modelling.
Completion of all mandatory legislative reporting as required e.g. Gender Pay Gap, CSO.
Qualifications
Ideally you will possess the following qualifications, skills, knowledge, and attributes:
A track record of success in a similar role is essential, ideally with a minimum of 7 years’ experience in finance, compensation, or human resources with an in-depth knowledge of core compensation terminology and best practice.
Highly driven with emphasis on attention to detail, accuracy and the needs, objectives and challenges of internal and external stakeholders coupled with the ability to see the broader picture.
Strong commercial acumen and the ability to align Global reward policy to business objectives.
A highly collaborate team ethos is essential.
Highly numerate with strong analytical and quantitative skills with the ability to prepare, evaluate data well and quickly to generate meaningful insights.
An innovative and agile approach to policy and program design, development and practical implementation experience is essential.
Advanced spreadsheet skills. Proficiency in other MS Office applications.
Additional Information
Before you apply, here are some of our benefits. We offer profit share, pension, private healthcare cover, flexible working policy and more. We offer incentives for accreditations and educational assistance for courses relevant to your role.
We offer employee recognition in the form of Excellence Awards and CallOut which is awarded by your peers. Engagement is incredibly important with local engagement teams driving our engagement events!
💡 Quick Summary
Seeking a career-building opportunity? The Compensation Benefits Manager position is now open for candidates interested in the Human Resource (HR) Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Human Resource (HR) Jobs is a plus.