C&B Specialist/Manager
- Navi Mumbai, Maharashtra
- Permanent
- Full-time
- Compensation Management:
- Develop and maintain competitive compensation structures for various job levels and functions.
- Assisting in evaluations and market surveys to ensure salary ranges remain competitive and equitable and ensure positions are classified correctly and compensated fairly.
- Monitor and analyse compensation trends and recommend adjustments to salary structures.
- Assist with salary benchmarking and ensure internal equity.
- Support the annual salary review process, ensuring consistency and fairness.
- Benefits Administration:
- Administer employee benefits programs, including health insurance, retirement plans, and wellness initiatives.
- Communicate benefits offerings clearly to employees and assist with enrolment, changes, and claims processes and help addressing their queries.
- Compliance & Reporting:
- Ensure compensation and benefits practices comply with local, state, and federal regulations.
- Prepare and submit periodic reports related to compensation, benefits, and workforce analytics.
- Assist in creating and maintaining policies and procedures related to compensation and benefits.
- Employee Communication & Support:
- Provide guidance and support to employees on compensation and benefits-related questions or concerns.
- Organize and lead training sessions on compensation and benefits programs.
- Develop communication materials and presentations to promote employee engagement and understanding of available benefits.
- Data Analysis & Optimization:
- Analyze compensation and benefits data and provide recommendations for program improvements or adjustments
- Payroll Process
- Education:
- Bachelor's degree in Human Resources, Business Administration, or a related field.
- Relevant HR certifications (e.g., Certified Compensation Professional (CCP), Certified Employee Benefit Specialist (CEBS)) are a plus.
- Experience:
- 10 to 12 years of relevant experience in compensation and benefits
- Strong knowledge of compensation structures, benefits programs, and legal requirements related to employee compensation and benefits.
- Hands-on experience working with external benchmarking agencies such as Mercer, Hewitt, Aon, and Cerberus to analyze market data and adjust compensation structures.
- Skills & Competencies:
- Strong analytical skills and the ability to interpret complex data.
- Excellent communication skills, both written and verbal, with the ability to explain complex concepts in an easy-to-understand manner.
- High attention to detail and strong organizational skills.
- Ability to maintain confidentiality and handle sensitive information.
- Strong understanding of employment laws and regulations related to compensation and benefits.
- Full-time position with standard office hours.
- Some travel may be required for training or external meetings.
- Ability to work independently and as part of a team in a fast-paced environment.