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Compensation & Benefits Specialist

3.00 to 6.00 Years   Hyderabad   17 May, 2023
I-PAC (Indian Political Action Committee)
Job LocationHyderabad
EducationNot Mentioned
SalaryNot Disclosed
IndustryManagement Consulting / Strategy
Functional AreaGeneral / Other Software
EmploymentTypeFull-time

Job Description

    About the Job: I-PAC is looking for an ambitious and self-driven professional to join its HR team. This professional will be responsible for end-to-end management of Compensation & Benefits, Payroll management, Rewards and Recognition. Job Responsibilities: - Design a compensation structure based on organizational goals and strategy and create a consistent compensation guideline that matches our work- Create offer suggestions of the new hires considering the current market standards and the organizational policies- Conduct salary and labour market research to define compensation benchmarks- Drive the annual compensation plan including budget planning, annual expenditure budgeting and salary planning as per competitive standards- Conduct periodic audits, prepare and present reports- Support other internal teams in regards to compliance of compensation and benefits- Work closely with the Payroll function including implementing best practices for compliance- Apply effective communication strategies in regards to keeping the employees informed about the compensation and rewards structure and changes- Create and streamline the total rewards policies and programs to drive the organizations growth- Address employee grievances with 100% resolution related to compensation & benefits- Interact with the state HRs for monthly HR related MIS Minimum Qualifications: - Must have 3 to 6 years of professional experience in HR in compensation & benefits- Must be an MBA graduate from a top-tier institute- Should be well versed with compensation and benefits management, labour laws, strategic HR partnering and cost-benefit analysis- Prior experience of working in Payroll, rewards and recognition, statutory compliance, budgeting, and HRMS- Ability to work effectively in high-pressure situations that require sound decision-making- Excellent written and spoken English Preferred Qualifications: - Analytical and problem-solving skills- Capable of working virtually with people of varied technical backgrounds and cultures- Organized and reliable: able to work independently- High attention to detail with a commitment to accuracy & process Location: Hyderabad (Shall be open to travel as per business requirement),

Keyskills :
new hireslabour lawsstrategic hrmarket researchpayroll managementemployee grievancesbenefits managementstatutory compliancebudget planningsounddesignsalary

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