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- Create bonus and pay plans that complement the business's strategic plan.
- Verify that compensation and benefits are in line with current human rights and pay equity laws.
- Recognize patterns and introduce fresh methods to inspire and involve workers
- Investigate employee happiness with quantitative data and surveys, for example.
- Renew our compensation schemes according to employee demands, including monetary and nonmonetary benefits.
- Monitor data on benchmarking compensation and benefits
- Collaborating with upper management to strategize future pay and benefit plans
- Experience designing bonus and pay plans for different divisions and seniority levels
- Outstanding comprehension of job analysis and evaluation systems.
- Strong analytical abilities
- Arranging compensation, benefits, incentives, and prizes
- Ensuring adherence to pertinent labor laws and regulatory directives within the banking sector
- Making suggestions for enhancements to upper management
- Handling outside benefit suppliers
AVP/DVP - Compensation & Benefits - Payments Bank (8-17 yrs) - Mumbai, India - iimjobs
Description
AVP / DVP - Compensation and Benefits with a payments BankWe have an opening for AVP / DVP - Compensation and Benefits with a Payments Bank/
Location:
Mumbai
Industry preference:
Bank / Financial Services / Insurance