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    Senior Manager - Hyderabad, India - Recykal

    Recykal
    Recykal Hyderabad, India

    6 days ago

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    Description
    Senior Manager-Compensation and Benefits

    Recykal is looking out for a Senior Manager-Compensation & Benefits with an experience of about 6-8 years.


    The Senior Manager-Compensation & Benefits at Recykal acts as a Consultant or Owner for Strategic HR Initiatives to the Business.

    The Comp&Ben helps businesses generate value, drive Organizational outcomes by understanding business priorities and driving people initiatives.

    Role And Lead the rewards COE to ensure alignment with global directives and philosophy.

    • Develop benefits, perks, and allowances based on internal bands and grades, regularly reviewing to maintain attractiveness.
    • Serve as a compensation advisor to leaders, aligning programs with business goals and supporting talent initiatives.
    • Conduct analysis of compensation programs for internal equity, external market competitiveness, and legal compliance.
    • Monitor government regulations, legislation, and market trends.
    • Stay informed about emerging trends and best practices in compensation and benefits and recommend innovative solutions to enhance the company's offerings in the region
    • Coordinate projects to streamline administrative processes associated with Compensation and Benefits.
    • Lead the payroll team to ensure processes are operating Manage the implementation and administration of employee benefits programs, including health insurance, retirement plans, and wellbeing initiatives.
    • Conduct market research and benchmarking to ensure that our benefits offerings are competitive within the local market and industry standard.
    • Stay updated on relevant legislation and industry best practices to ensure compliance with local, state, and statutory regulations.
    • Maintain operational excellence and relationships with benefits vendors and service providers, including insurance carriers, brokers, and thirdparty administrators.
    • Generate regular reports for management to track key metrics and make informed decisions.
    • Manage global Paid Holiday calendar, work with teams to approve and post on relevant platforms.
    • Manage Benefits broadcasting i.e. emails, webinars, arranging support with AV teams, maintaining and coordinating calendars of Benefits events.
    HR Budget:


    • Manage HR budgets (AOP), including manpower planning, ensuring control through ongoing budget tracking.
    • Establish governance and effective control mechanisms across HR lifecycle processes and policies.
    HR Management:


    • Supervise the existing HRMS system, suggesting enhancements as per business needs.
    • Manage nextgeneration employee engagement applications and devise adoption and engagement mechanisms.

    Data Management & HR Analytics:

    • Manage employee master data, create process mechanisms for stakeholder awareness, and ensure data accuracy.
    • Analyze people data to produce HRfocused analytics dashboards and meaningful insights.
    • Conduct productivity and compensation analyses.
    Ideal Candidate would have:


    • Understanding of compensation fundamentals such as reviewing job leveling, global salary surveys (specifically AON Radford or Mercer Comptryx), analyzing large amounts of data using Excel or Gsheets.
    • Strong leadership and strategic planning capabilities, with the ability to develop HR strategies that support overarching company goals.
    • Strong analytical skills with the ability to analyze data, draw insights, and make datadriven recommendations.
    • Experience designing and implementing compensation and benefits programs in a Startup or global organization preferred
    • Indepth knowledge of Indian labor laws, tax regulations, and market compensation practices.
    • Handson team player with strong analytical skills.
    • Demonstrated success in a dynamic, fastpaced and frequently changing environment.
    • A consummate team player who builds highly effective professional relationships and can effectively work with and communicate across multiple levels and functions of the organization.
    • Strong work ethic; Holds self and others accountable for achieving required outcomes.
    • Able to quickly learn a company's priorities and translate them into actionable Master's Degree in Human Resources Management.
    • 68 years of experience in C&B role in a multinational environment/Startups
    )
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