Manager / Sr Manager - Compensation & Benefits

Schindler

Posted: 5 months ago
Openings: 10
Applicants: 0

Job Description

Your main responsibilities

Position Overview

The incumbent is responsible for implementation of Total Rewards processes for Schindler India in alignment with the Global CB Policies of Schindler Group.

Job Responsibilities

Conducts regular market surveys analysis and external benchmarking to compensate employees at the relevant market level and to ensure it is competitive and correct positioning

Partner in administration of annual salary review, salary increments and payouts in line with the budget

Conduct/ Update Job Grading and Evaluation: Ensure all positions are graded and aligned with Schindler Group and local market conditions to ensure compensation levels are around the defined market level

Partner in preparation of annual HR budget along with manpower planning and closely monitor the same to meet the Cost and Quality objectives of the company

Partner in design and implementation of total rewards programs resulting in significant and long-term changes to the company''s compensation offerings and policies ensuring optimal budget utilization and competitiveness

Serve as a Subject Matter Expert to Finance and Business HR teams, as needed in all aspects of compensation design, planning and administration

Benchmarks Benefits in context of existing and new policies practices and recommend changes

Manage Global Mobility assignments in collaboration with Schindler Global Rewards India HR and Finance

What you bring

Knowledge and Skills:

Knowledge of compensation benefits design and implementation
Knowledge of labor laws and statutory compliances
High order of analytical ability, detail orientation and comfort with numbers
Ability to effectively interface with multiple stakeholders
Maintain employee confidence and protects compensation operations by keeping information confidential
Attention to detail and an ability to work in a fast paced environment and towards tight deadlines
Good written and verbal communication skills
Excellent MS Office Suite skills (specifically Advanced Excel)

Required Experience:

7-9 years of overall experience in HR is desirable and minimum 5-7 years in compensation benefits
Bachelors/Masters degree in Human Resources or other related field degree in Human Resources, Business Administration or relevant field
Demonstrated application of CB processes, policies and employee benefits
Previous experience in multi-national organization or HR Consultancy will be preferred

Whats in it for you

Join our purpose-driven organization. Help shape an industry in which two billion people rely on our products and services every day.
Your development matters to us. We help you grow by offering the support you need to develop your skills and access a rewarding and fulfilling career.
Thrive in a diverse and supportive culture. Through local and global initiatives, we promote a culture of inclusion which celebrates diversity and ensures that everyone feels valued.