Job Description

Responsibilities :\xef\x82\xa7 Design compensation structures/models, allowances, salary ranges, long & short term incentive programs, policy formulation across group entities
\xef\x82\xa7 Budgeting, financial impact analysis and scenario planning to evaluate optimal solutions and implementation plans
\xef\x82\xa7 Refine market intelligence data to periodically benchmark compensation programs / processes in scope and recommend enhancements to improve their competitiveness.
\xef\x82\xa7 Ensure that compensation practices are in compliance with current legislation
\xef\x82\xa7 Design and deployment of various compensation programs to drive organizational performance through world-class practices of governance and employee experience
\xef\x82\xa7 Large change / program management including those that affect the larger organization and drive business value
\xef\x82\xa7 Lead key / strategic initiatives within the Practice
\xef\x82\xa7 Independently resolve escalated compensation issues and recommend optimal solutions for issues with high complexity.
\xef\x82\xa7 Develop and report metrics related to effectiveness of managed compensation programs / processes.
\xef\x82\xa7 Engage with internal stakeholders and user groups to solicit actionable feedback on programs and recommend design improvements.
\xef\x82\xa7 Develop targeted education programs and communication material on compensation offerings.Technical and Professional Requirements :SKILLS;

• Compensation Structure,
• Compensation Design,
• Compensation Modelling,
• Executive remuneration,
• Bonus Plan,
• Incentive Plan,
• Allowances Design,
• Structuring Hiring Grids,
• Compensation budgeting,
• HR due diligence,
• Merger and Acquisition,
• Compensation and Benefits Harmonization.

Preferred Skills :Domain->Human Resource Management->Human ResourcesEducational Requirements :Master Of Business Adm.Service Line :Human Resource Department

Infosys