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    Compensation Benefits Manager - Mumbai, India - Games24x7

    Games24x7
    Games24x7 Mumbai, India

    Found in: Talent IN 2A C2 - 2 days ago

    Default job background
    Technology / Internet
    Description

    Company Overview:

    Games24x7 is India's leading and most valuable multi-gaming unicorn. We're a full-stack gaming company, offering awesome game-playing experiences to over 100 million players through our products - Rummy Circle, India's first and largest online rummy platform, My11Circle, the country's fastest-growing fantasy sports platform.

    A pioneer in the online skill gaming industry in India, Games24x7 was founded in 2006 when two New York University-trained economists Bhavin Pandya, and Trivikraman Thampy met at the computer lab and discovered their shared passion for online games. We've always been a technology company at heart, and over the last decade and a half, we've built the organisation on a strong foundation of 'the science of gaming', leveraging behavioural science, artificial intelligence, and machine learning to provide immersive and hyper-personalised gaming experiences to each of our players.

    Backed by marquee investors including Tiger Global Management, The Raine Group, and Malabar Investment Advisors, Games24x7 is leading the charge in India's gaming revolution, constantly innovating and offering novel entertainment to players

    Our 800+ passionate teammates create their magic from our offices in Mumbai, Bengaluru, New Delhi, Miami.

    For more information and career opportunities you may visit

    Position Overview: The Compensation Manager oversees all aspects of

    compensation and benefits programs to ensure alignment with organizational

    goals and industry standards. This role involves strategic planning, data

    analysis, compliance, and stakeholder management to optimize the

    organization's total rewards strategy.

    Qualifications:

    • Master's degree in Human resources
    • 8+ years of progressive experience in compensation and benefits.
    • Strong understanding of compensation principles, regulations, and market
    • trends.
    • Exceptional analytical capabilities coupled with communication and project
    • management skills.
    • Proficiency in HR Information Systems (HRIS), with advanced skills in MS
    • Excel.
    • Familiarity with Business Intelligence (BI) systems such as PowerBI and
    • Tableau shall be considered advantageous.

    Responsibilities:

    1. Develop and implement compensation strategies aligned with

    organizational objectives, ensuring competitiveness and equity across all

    levels.

    2. Conduct regular market research and benchmarking studies to stay

    informed about industry trends, best practices, and competitor offerings,

    and make adjustments to compensation and benefits programs as needed

    3. Collaborate with HR leadership and business stakeholders to design and

    refine compensation structures, incentive plans, and bonus programs.

    4. Communicate effectively with employees about compensation and benefits

    programs, providing education and guidance as needed to ensure

    understanding and appreciation of the offerings.

    5. Analyze compensation and benefits data to identify trends, insights, and

    areas for improvement. Prepare regular reports for management,

    highlighting key metrics and performance indicators.

    6. Manage all aspects of employee benefits programs, including health

    insurance, retirement plans, and other perks. Evaluate existing benefits

    offerings and make recommendations for enhancements or changes as

    necessary.

    7. Manage relationships with external vendors, such as insurance providers

    and benefits administrators, to ensure quality service delivery and cost-

    effectiveness.

    8. Conduct job evaluations and maintain accurate job descriptions and salary

    structures.

    9. Ensure compliance with legal and regulatory requirements related to

    compensation and benefits.

    10. Provide guidance and training to managers and employees on

    compensation-related matters.

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