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Senior HR Role - Compensation & Benefits - BFS (6-15 yrs)

6-15 years

Senior HR Role - Compensation & Benefits - BFS (6-15 yrs)

Skillventory

posted 2mon ago

Job Role Insights

Fixed timing

Job Description

Job Purpose:

- Overall support in Compensation and Benefit portfolio.

- To drive Employee reward cycle for the Bank

- To drive Compensation and Benefit related deliverables

- To support in NRC / Board related agenda

Position Responsibilities

- Research on local /countrywide salary by city and Industry

- Benchmark current pay scale to competitors on a proactive basis

- Plan and Execute Annual/Mid-Year merit and benefit plans

- Supporting during NRC/Board Meetings i.e. assisting in finalising Agenda, supporting in drafting notes, minutes and maintaining records.

- Tracking and ensuring closure on NRC/Board related deliverables

- Act as a SPOC to employees encouraging conversations during and after onboarding

- Design and renew our compensation plans with monetary and non-monetary benefits based on employee needs and that will yield the highest value for the organization

- Ensure salaries and benefits comply with the current legislation

- Identify trends and implement new practices to engage and motivate employees

- Conduct analysis of Jobs, Salaries and Incentives to evaluate internal equality, external competitiveness

- Assist in development and monitoring of Incentive Programmes across the Organisation

- Undertaking overall Salary Benchmarking Exercise and making recommendations.

- Keep track of prevailing pay rates and make sure we offer competitive compensation plans

- Ensure job descriptions, job analyses and classifications


Functional Areas: HR & Admin

Read full job description

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What people at Skillventory are saying

Senior HR salary at Skillventory

reported by 2 employees with 2-3 years exp.
₹2.2 L/yr - ₹2.9 L/yr
54% less than the average Senior HR Salary in India
View more details

What Skillventory employees are saying about work life

based on 104 employees
55%
57%
87%
100%
Strict timing
Alternate Saturday off
No travel
Day Shift
View more insights

Skillventory Benefits

Soft Skill Training
Work From Home
Job Training
Team Outings
Education Assistance
International Relocation +6 more
View more benefits

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