Lead - Compensation and Benefits

Michael Page

  • Mumbai, Maharashtra
  • Permanent
  • Full-time
  • 2 months ago
  • Apply easily
The Lead - Compensation and Benefits will be responsible for designing, implementing, and overseeing comprehensive compensation and benefits strategies for the organisation. This role requires a deep understanding of industry practices, particularly in the metal industry, to ensure competitive and effective remuneration structures.
  • Develop and manage compensation and benefits policies aligned with organisational goals and market trends.
  • Conduct benchmarking and market analysis to ensure competitive pay structures within the metal industry.
  • Collaborate with internal stakeholders to design performance-based incentive programs.
  • Ensure compliance with local and international regulations related to employee compensation and benefits.
  • Analyse compensation data and provide actionable insights to senior management.
  • Oversee benefits programs, including health, retirement, and wellness plans, ensuring alignment with employee needs.
  • Manage vendor relationships related to benefits administration and service delivery.
  • Lead projects to enhance employee satisfaction through innovative compensation and benefits initiatives.
Strategic role with a leading manufacturing Organisationexposure to multiple facets of compensation and benefitsA successful Lead - Compensation and Benefits should have:
  • A postgraduate degree or equivalent qualification in Human Resources or related fields.
  • Proven expertise in compensation and benefits management within the industrial or manufacturing sector.
  • Strong analytical skills with the ability to interpret data and provide actionable recommendations.
  • Knowledge of compliance requirements within the Mumbai market and global standards.
  • Experience in designing and managing incentive programs tailored to business objectives.
  • Excellent interpersonal and communication skills to collaborate effectively across teams.
This opportunity is with a large organisation in the metal industry, known for its focus on innovation and excellence. The company operates in the industrial and manufacturing space with a strong presence in Mumbai.
  • Comprehensive benefits package, including health, retirement, and wellness offerings.
  • Opportunity to work with a leading organisation in the metal industry.
  • Inclusive and professional work environment in Mumbai.
  • Potential for career growth and exposure to strategic decision-making.
This is an excellent opportunity for an experienced HR professional to make a significant impact. Interested candidates are encouraged to apply for this rewarding role

Michael Page