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- Help in Designing a fair, equitable, and competitive total compensation and benefits package that aligns with our company's strategy and business objectives.
- Establish a consistent compensation philosophy that reflects the work culture and organizational goals
- Ensure compensation practices comply with current legal regulations.
- Utilize various methods and data-driven techniques to make informed decisions.
- Participate in salary survey and benchmarking to determine prevailing pay rates and benefits
- Deploy effective communication strategies and success metrics
- Conduct ongoing research into emerging trends, issues and best practices
- Conduct periodic audits and prepare reports
- Providing payroll inputs to vendor on monthly basis.
- Checking calculations & giving go ahead on payroll data processed by vendor.
- Checking salary register, PT, PF & ESIC deductions for payouts within timeline.
- Adhering to local govt. laws while processing payroll for employees.
- Responsible for maintaining all the salary records of employees
- Timely payment of Full and final settlements
- Timely payment of Statutory Bonus and Ex-gratia
- Providing reports to management on request
- Stay abreast of market and share timely updates with management on benefits trends
- Administration of all benefits like group medical, parental, accident, term life policies
- Administration of workmen compensation policy. Skill Required Proven working experience as a Compensation and Benefits Specialist Prior experience in HR practices and compensation cycle management Familiarity with various types of incentives and benefits Strong quantitative and analytical skills Ability
- Ability to demonstrate confidentiality, empathy and sensitivity, especially when handling sensitive situations and information Qualification: Education - Bachelor's or Master's degree Work Experience - Minimum of 4-6 years' experience specializing in Compensation& Benefits and Compliance
Assistant manager-compensation - Mumbai - GIA India Laboratory Pvt. Ltd
2 weeks ago
Description
We are looking for a Compensation and Benefits Specialist to oversee and administer the total rewards and benefits. Ensure smooth and effective execution of HR functions related to compensation & benefits and Statutory Compliance. Responsibilities-
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