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- Incubate, implement, and drive various compensation programs including Market Benchmarking, Merit Increase, pay for performance programs and compensation planning etc. for diverse job profiles.
- Design and implementation of variable compensation model (Plan & Role level).
- Design campus hires retention model along with the yearly compensation progression.
- Design effective incentivization based on the Business context.
- Design and execute Annual Compensation Review process for various Businesses to ensure complete budget management and timeline adherence.
- Liaise with Finance and Payroll team for smooth administering of total rewards programs
- Create the compensation models and indicate the implications/ projections to various objectives.
- Continuous research and analysis (including data from the internal recruitment team) for understand emerging compensation trends and recommend changes in our compensation strategy/ approach.
- Domain expertise of compensation processes and policies
- Strong data and analytical orientation.
- Ability to consistently deliver high quality customer service in a professional manner and attention to detail.
- Strong verbal, written and presentation skills in English.
- Strong organization and problem-solving skills
- Proficient in MS Office and Analytical tools, preferably familiar with Success Factors
- Problem solving and critical thinking skills.
- Ensure adherence to standard operating procedures and compliances.
- Collaboration and influencing skills, to enroll stakeholders.
Compensation Benefits Specialist - Gurugram, India - NIIT Limited
Description
About NIIT Ltd.
NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. NIIT's Career Education Business delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Banking, Finance & Insurance, Retail Sales Enablement, Management Education, Multi-Sectorial Vocational Skills, Digital Media Marketing, and programs in digital transformation technologies. This focuses on providing employability skills to learners along with value-added courses.
Key Responsibilities:
Skills Required:
Qualifications:
MBA preferably with HR specialization