Sr. Manager Compensation & Benefits

Industry: Insurance.
Location: Gurgaon
Span of control: Individual Contributor.
Reporting to: AVP Performance & Rewards.
Experience required: 6 to 10 years.
Compensation range : 13 – 15 lacs + Variable. (Depending on current comp)
Education : Graduate or Post Graduate in HR.
a. Implement Incentive schemes for various channels Compensation administration during increments and bonus cycle
Primary checks on data
Ensure timely payouts as per the process

b. Streamlining and managing the promotion Process:
Work closely with patch owners & business HR to streamline the monthly promotion process
Work closely with business HR and co-create career progression plans

c. Responsible for Compensation Town Hall Presentation

d. Performance Management:
Facilitate goal setting process for all levels:
Finalise goal sheet templates for all positions & channels
Timely uploading of templates on the system
Implement Performance Management Plan for the organisation:
Analysis of PMS data through prescribed sanity check
Resolution of employee queries from all patches
Coordinate with IT to ensure smooth functioning of system
Revisit goal sheet templates to ensure alignment with business.

e. Senior Leadership Team:
Responsible for projects related to Senior Leadership Team such as : Developments Plans/ Performance Management/ Comp revision and Bonus Letters.

f. Cost Management
In partnership with Finance prepare monthly dashboard
Track key projects aligned with cost savings areas identified
Share MIS / dashboard with HRLT and business HR
Summary dashboards for key business heads

g. Annual manpower planning
Partner with business HR to create the annual budget including manpower requirement and associated costs
Provide regular dashboards to track plan vs actual
Ensure that all hiring etc is within agreed budget

Connect at: 
Gaurav Chauhan
Hand phone # +91 990 991 89 11
Direct Line # +91 79 401 429 25

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