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L&T Technology Services

Compare

3.3

based on 4.9k Reviews

Video summary

450 L&T Technology Services Jobs

Head - Compensation & Benefits

L&T Integrated Engineering Services

3.3

based on 4.9k Reviews

15-20 years

Chennai

1 vacancy

Head - Compensation & Benefits

L&T Technology Services

posted 9d ago

Job Role Insights

Flexible timing

Key skills for the job

HRIS Data Analysis Data Analytics Operations Analytical Chemistry Payroll

+ 3 more

Job Description

Analyze existing compensation data : To provide informed recommendations to standardise pay components.

System Implementation and Maintenance : Collaborate with IT, internal and external vendor teams to customize systems to meet organizational needs. Ensure seamless integration and alignment between HRMS, Payroll and CB modules. Monitor system performance, pro-actively trouble shoot issues and oversee ongoing maintenance.

Process Optimisation : Develop and document standard operating procedures for Compensation Benefits systems and processes. Automate manual processes and implement workflows to improve efficiency.

Data Analytics : Generate data analytics and reporting to provide insights into workforce trends, costs and ROI of benefits programs.

Annual Increment and Variable Pay Cycle : Run the Annual Increment and Variable Pay cycle

Compensation Management : System generation and Issuance of Annual Rewards Promotion Letters

Statutory changes : Stay abreast of emerging trends impacting compensation practices and propose implementation solutions aligned with company policies.

Market benchmarking of Compensation : Participate in market Benchmarking periodically, use the data to design and update Pay Ranges.

Compensation Structure : Support the benchmarking of Compensation structure with Market periodically and suggest Pay Structure for relevant management cadre.

Special Projects : Design and Implementation of Special projects time to time.

Key Interactions with :

Internal

External

Senior Management
Talent Partners/HR Team
Business Leaders/Department Heads
Finance Team
Legal Team
IT/HRIS Team
Employees

Compensation Consultants
Regulatory Bodies
Industry Associations
Vendors/Service Providers
External Auditors
Labor Market/Job Market

Technical Skills:

Skilled in analyzing compensation data
Attention to detail and a commitment to accuracy
Hands on experience in implementing and running CB systems.
Proficiency in change management and process improvement.
Experience in leading merit and incentive programs.
Knowledgeable about compensation laws.
Competent in budget maintenance and reporting.
Advanced skills in Excel and data analysis tools.
Ability to monitor and analyze market salary trends.

Behavioral Skills:

Clear and effective communicator.
Strong team player with stakeholder engagement skills.
Excellent analytical and problem-solving skills.
Discreet in handling sensitive information.
Ability to manage strategic priorities with operational execution.
Efficient time management.

Employment Type: Full Time, Permanent

Read full job description

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