Lead Compensation & Benefits

5 - 10 Years
Mumbai

Job Description

Role: Lead Compensation & Benefits
Experience: 5+ years 
Qualification: MBA in HR
Location: Mumbai

Role Contour

We are looking for an ambitious Compensation and Benefits Specialist to join our team. As a Compensation and Benefits specialist, you will be responsible for overseeing, managing and administering our employees' rewards, perks and benefits. Your role will be extremely important as you will be developing programs that to improve performance, engagement and satisfaction of our employees.

Job Profile:

1. Design a compensation package based on business goals and strategy.
2. Ensure that compensation practices are in compliance with current laws and regulations.
3. Periodically review and assess internal pay competitiveness across business functions and bands identify inequities and recommend appropriate adjustments.
4. Monitor and review changes in compensation laws and regulations; periodically reviews programs and processes for compliance
5. Conduct periodic audits, prepare and present reports.
6. Keep abreast with new trend and best practice in the field.
7. Participate in two annual market salary surveys for BFSI and Fintech Category and benchmark.
8. Maintain Internal/ External Compensation & Benefits Parity across levels based on NPCI Compensation Philosophy.
9. Designing reports and recommendations based on research and analysis for senior executive team.
10. Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation changes on Annual basis.
11. Potentially support the management of variable incentive compensation programs, including participant tracking, payout calculations, and payment processing and administration

Behavioral / Technical Competencies

Strong with numbers
Analytical Inclination
Detail-orientation
Great communication Strong Ethics and Discretion

Keyskills

Desired Candidate Profile

Please refer to the Job description above

Education-

UG:B.B.A / B.M.S - Management

PG:MBA/PGDM - Any Specialization

Company Profile

National Payments Corporation of India

National Payments Corporation of India (NPCI) is the newly established company promoted by banks of India with an objective to build robust and state of the art national level retail electronic payment system infrastructure in the country
View Contact Details+

Recruiter Name:HRD

Contact Company:National Payments Corporation of India

Salary

Not Disclosed by Recruiter

Functional Area

Other

Employment Type

Full Time, Permanent