HR | Payroll and Compensation and Benefit

💰 ₹28,800 - ₹46,080 (Est.) 📍 Chennai 🕐 5 days ago

Job Description

Job Description We are looking for a Compensation and Benefits Specialist to oversee and administer the employee’s perfect rewards and smart benefits. You will assess personnel needs and draft targeted programs that will increase performance, organisational trust and satisfaction. Key Responsibilities Prepares the compensation and benefits budget, including the regular monitoring, reporting and adjusting of the budget Coordinates C&B processes like the salary planning, bonus planning, new benefits introduction, etc. Designs and develops compensation policies Analyses different components of the remuneration scheme in the organization and prepares reports about the internal equity and external competitiveness Designs and develops different schemes of the variable remuneration (incentive schemes for the Sales functions, bonus schemes for the Back Office and Enabling functions) Closely cooperates and manages the relationship with the external compensation consulting company Leads and manages compensation projects for the entire organization Participates as the team member in the strategic projects and initiatives Design policies to close gaps in the compensation of employees (introducing the internal equity at affordable costs) Trains line managers in the complex usage of different HR and Compensation policies Advices top managers in taking difficult decisions in the area of compensation, benefits and motivation of employees Manages, leads and develops C&B Analysts Represent the organization at different HR conferences Qualifications Requirements Proven working experience as a compensation and benefits specialist Prior experience in HR practices and compensation cycle management Working knowledge of job evaluation and job analysis systems Previous experience with organisational psychology and labour market surveys Adequate knowledge of current labour rules and regulations Familiarity with various types of incentives and benefits Extensive knowledge of HRIS and MS Office Strong quantitative and analytical skills BS degree in human resources, business administration or finance

💡 Quick Summary

Seeking a career-building opportunity? The HR | Payroll and Compensation and Benefit position is now open for candidates interested in the Human Resource (HR) Jobs sector. This role in Chennai 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.

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Frequently Asked Questions

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The expected salary for HR | Payroll and Compensation and Benefit in Chennai is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, HR | Payroll and Compensation and Benefit is an on-site position based in Chennai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for HR | Payroll and Compensation and Benefit. Previous experience in Human Resource (HR) Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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