AVP- Compensation & Benefits

AVP- Compensation & Benefits @ a non banking subsidiary of one of the biggest bank the world. Operating out of 3 locations in India, They have dedicated banking back office, providing back office support to Consumer, Wholesale and Capital Market groups as well providing IT services support to the parent organization across the various business verticals.

Job Profile:

• The person would be independently managing compensation and benefits for the organiasation for all the verticals and would report into VP - Comp & Ben. A 3-4 member team shall report into the person.
  Education:Preferably PG in HR (Science/Commerce graduates with good exposure and relevant experience shall also be considered

Years of Experience:

• 9 years and above

Exposure/Experience:

• Must have exposure in Handling Compensation and benefits for a medium to large sized IT organization (500- 3000 people)
• Strong fundamentals in C&B
• Must have exposure to Benefit Administration (Life, health and other employee Insurance etc.)
• Have exposure to labour law and related statutory compliances (PF, ESI, Bonus, Gratuity etc.) impacting C&B (understanding of Income Tax is also desirable)
• Must have independently handled payroll incl. Final settlements for at least a mid size outfit for at least couple of years
• Must have exposure to some HRIS e.g Peoplesoft, SAP or any good Indian HR software (Adrenalin, Delphi, Ramco etc.)
• Must have exposure to independently handling pay revisions (2-3 annual reviews) including compensation surveys, pay budgeting, salary practices etc.
• Desirable to have experience in preparing special recommendations including incentive schemes, Deferred income plans, stock options etc.
• Must be in touch with Industry and aware of compensation trends Have exposure to data analysis and management including preparation of impact analysis, "what-if" analysis, payout analysis etc.
• Exposure to statistical analysis would be desirable

Other Skills

• Having exposure/knowledge of general HR areas including Recruitment, Performance management etc. would be desirable
• Must have strong skills in MS-office applications including ExcelMust have good interpersonal skills and cool positive temperament