Connect With Us

Current Openings

Job No : SSI/2012/3205
Designation : Compensation & benefit Specialist
Industry : Logistics Solution
Location : Mumbai
Experience :  5 yrs of relevant Experience post qualifications

Key Accountabilities:

  • Uses analytical methods to evaluate the relative size of jobs in a defined area/s of the business, ensuring that internal equity and external market relativities are established and maintained. Ensures the database of all job evaluation related information is accurately maintained.
  • Develops and presents business focused pay & benefit review recommendations (annual & ad-hoc) for assigned countries, which are based on objective data and include supporting rationale and costing.
  • Utilizes appropriate methods & sources (benchmarking / industry groups / consultants etc) to research market practices, trends, statutory requirements relating to all aspects of compensation and benefits for assigned countries. Under guidance, develops recommendations for introducing or re-evaluating pay and benefit programmes.
  • Supports the Expatriate coordinator in implementing agreed expatriate packages by acting as a local liaison with internal departments, external tax consultants and authorities. Provides ongoing advice and specialized support to the expatriate.
  • Utilizes appropriate communication methods to inform employees and management regarding diverse pay and benefit programmes/policies within assigned countries (pay review, pension plans, company cars, healthcare etc).  
  • Uses defined processes and procedures (legal, accurate, comprehensive) for the implementation of all local and/or divisional pay and benefit programmes. Recommends new processes and procedures as appropriate.
  • Ensures the effectiveness of ongoing pay & benefit programmes for assigned countries by performing regular reviews of programmes content, cost-effectiveness and appropriateness.
  • Acts as a subject matter expert in advising management on the correct interpretation and application of all pay and benefit policies, procedures & programmes. Supports the business in the negotiation processes by advising on corporate requirements, market trends, cost impacts, development of ‘what if’ scenarios etc.
  • Keeps abreast of changes in the evolution of the business and compensation and benefits in the market place (legal requirements, methodologies, practices and trends) and translate information into business-focused solutions or opportunities, as appropriate

Essentials:

  • Good written & verbal communication skills
  • Good presentation skills
  • Good judgment & reasoning ability
  • Good knowledge of job evaluation methodologies   with experience of using an analytical evaluation system to evaluate positions within a defined function or level  
  • Experience of applying  defined processes and procedures to ensure consistent and accurate application of programmes
  • Good p.c. skills/ able to manipulate complex numerical & qualitative data
  • Basic understanding of the macro business environment  ( social, legal, economic, industry sectors etc)

Commercially astute:

  • Experience of implementing legal & cost effective pay & benefit programmes that support the business goals
  • Excellent planning & organising skills with experience of co-ordinating local projects/ programmes
  • Experience of analysing market/business information with a potential  pay & benefits impact
  • Experience of developing legal & cost effective solutions to compensation & benefit related issues
  • Good knowledge of benchmarking practices & best market sources for defined areas of C & B data
  • Basic understanding of motivational theory and the principles underpinning pay for performance programmes
  • Reply with your updated profile and with the following details...

If you meet the above the criteria request you to please email us on careers@sourcesolutionsinc.co.in