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Reward SME - Compliance

BP INCORPORATE INTERNATIONAL.

3-6 years

Pune

1 vacancy

BP Incorporate International

posted 5mon ago

Key skills for the job

+ 4 more

Assist in collecting and organizing external market data on compensation, benefits, and total rewards practices from various sources, including surveys, databases, and industry reports for both cyclical and project activities.
Conduct basic analysis of benchmarking data to identify trends and benchmarks relevant to our organization.
Support development of salary ranges for all countries as part of bps cyclical processes
Support planning and execution of benchmarking studies to compare our compensation and benefits practices against relevant market data and industry peers.
Assist in maintaining benchmarking databases and tools to support ongoing analysis and reporting.
Support preparation of reports, presentations, and dashboards summarizing benchmarking findings, trends, and recommendations.
Maintain accurate documentation of benchmarking methodologies, data sources, and analysis procedures to ensure data integrity and transparency.
Provide administrative and logistical support for benchmarking projects, such as scheduling meetings, coordinating data collection efforts, and tracking project breakthroughs.

EQ Capability

Acts with integrity - demonstrating the bp values and behaviors.
Inclusion and working together - proactively builds and maintains inclusive relationships with a diverse set of collaborators.
Group mind set - remembers to look beyond individual performance to consider the bigger picture and the team perspective.
Calm under pressure and able to work in ambiguous environments.
Demonstrates curiosity, resilience and openness to new experiences.
Proven ability to integrate with cross functional teams
Excellent critical thinking, reasoning and analytical skills. Problem solving mind-set with attention to detail and accuracy.
A positive attitude, willingness to learn and continually striving to improve

ESSENTIAL EDUCATION:

Degree level education or equivalent experience in Human Resources, Business Administration, Finance, Economics, or analytical background

Qualifications, Competencies & Mindset

At least 3+ years of experience in compensation, benefits, HR analytics, or a related field, with a focus on market benchmarking and data analysis.
Strong analytical skills, with proficiency in Microsoft Excel, with familiarity with statistical analysis tools and techniques
Knowledge of survey design and data collection methods.
Experience with benchmarking surveys, databases, and tools, such as Korn Ferry Hay, Aon, Mercer, Willis Towers Watson or similar platforms.
Diligent with a commitment to accuracy and data integrity.
Excellent organizational and time management skills.
Ability to work independently and collaboratively in a fast-paced, dynamic environment.
Strong communication and interpersonal skills, with the ability to work collaboratively in a team environment.
Ability to adapt to changing priorities and deadlines in a fast-paced environment.
Proficient in English
Ability to manage diverse cultural settings.
As this is a global role, must have flexibility in working across different time zones other than home country