Description
As a key member of our compensation team, you will play a critical role in updating, designing, implementing, and managing our international compensation programs to attract, retain, and motivate right talent across our global operations.
You will partner closely with HR business partners and hiring manager to ensure our compensation strategies are competitive, compliant with local regulations, and aligned with our overall business objectives.
This is an exciting opportunity to make a significant impact on our global workforce and contribute to our continued international growth.
Main Responsibilities:
- Develop and Implement Compensation Strategies: Design and implement competitive and equitable base salary structures, short-term plans, and allowances for our employees.
- Conduct Market Research and Benchmarking: Analyze global compensation trends, participate in international salary surveys, and conduct in-depth benchmarking to ensure our compensation programs are competitive within relevant industries and geographic locations.
- Ensure Regulatory Compliance: Stay abreast of international labor laws and regulations related to compensation and benefits, ensuring our programs are compliant in each country of operation.
- Provide Consulting and Advisory Services: Serve as a subject matter expert on international compensation matters, providing guidance and support to HR business partners, managers, and employees.
- Develop Compensation Policies and Procedures: Create and maintain clear and concise international compensation policies, guidelines, and procedures.
- Conduct Job Evaluations and Salary Structuring: Evaluate roles and develop appropriate salary grades and ranges based on job content, market data, and internal equity.
- Support Compensation Planning and Budgeting: Participate in the annual compensation planning process, providing data analysis and recommendations for salary adjustments, bonus allocations, and merit increases.
- Develop Communication Materials: Create effective communication materials to educate employees and stakeholders on international compensation programs and policies.
- Analyze Compensation Data: Prepare and present insightful reports and analyses on international compensation data to identify trends, potential issues, and opportunities for improvement.
Requirements:
- 4+ years of progressive experience in compensation, with a strong focus on international compensation.
- Intermediate In-depth knowledge of global compensation practices, including base pay, incentives, and benefits across various regions.
- Intermediate Proven experience in conducting international market research, job evaluations, and salary structure development.
- Intermediate Understanding of international labor laws and regulations impacting compensation and benefits.
- Intermediate Excellent analytical, problem-solving, and decision-making skills with a strong attention to detail.
- Intermediate Strong communication, presentation, and interpersonal skills with the ability to interact effectively with individuals at all levels and across different cultures.
- Intermediate Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced global environment.
- Intermediate Cultural sensitivity and adaptability to different work styles and business practices across the globe.
- Intermediate Software / Tool Skills Proficiency in HRIS systems and advanced skills in Microsoft Excel (or Google Sheets).
Benefits:
- Competitive compensation and benefits package:
- Competitive salary and performance-based bonuses
- Comprehensive benefits package
- Career development and training opportunities
- Flexible work arrangements (remote and/or office-based)
- Dynamic and inclusive work culture within a globally renowned group
- Private Health Insurance
- Pension Plan
- Paid Time Off
- Training & Development
Note: Benefits differ based on employee level.
This listing is enriched and indexed by YubHub. To apply, use the employer's original posting:
https://jobs.workable.com/view/qU4MpQvJPFkFpzmuc5Y1c1/hybrid-fbs-compensation-consultant-in-pune-at-capgemini