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1 Schaeffer & Sam Job

Lead - Compensation & Benefits (12-18 yrs)

12-18 years

Lead - Compensation & Benefits (12-18 yrs)

Schaeffer & Sam

posted 1mon ago

Job Role Insights

Fixed timing

Job Description

Compensation

- Responsible for preparing pay budget simulation and cash disbursement of annual merit increments, incentives, and variable pay for 12000+ employees

- Executed Salary Restructuring for 3000 employees during COVID-19

- Prepared the comparator analysis for internal parity through industry benchmarking for new hires and Senior Leadership Team members.

- Accountable for salary correction, market correction, promotion, special incentive schemes, and off-cycle salary adjustments across the group.

- Developed strategies for policy in Global Assignment and Global Mobility Program

- Redefined pay ranges ensuring competitiveness in the market through compensation benchmarking in collaboration with a consulting firm.

Benefits & Policy Management

- Lead the wellness initiatives for globally to foster a supportive workplace culture.


- Lead end-to-end management of the Employee Assistance Program (EAP), collaborating with vendors to provide comprehensive support to employees.


- Administered timely annual insurance renewals and successful rollout for 3,000+ employees across South Asia, ensuring optimal coverage and compliance.


- Established and enforced policy implementation to ensure alignment with organizational standards and enhance employee satisfaction.

Performance Management

- Accountable for driving end-to-end performance management process for the group like Goal Setting, Mid-year review, and Annual Review.


- Managed annual performance rating Calibration, Normalization to ensure fair and consistent evaluation of employee performance.


Functional Areas: Other

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What people at Schaeffer & Sam are saying

Lead salary at Schaeffer & Sam

reported by 2 employees with 12-14 years exp.
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₹11.2 L/yr - ₹14.4 L/yr
14% less than the average Lead Salary in India
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What Schaeffer & Sam employees are saying about work life

based on 239 employees
53%
75%
74%
77%
Strict timing
Monday to Friday
No travel
Day Shift
View more insights

Schaeffer & Sam Benefits

Free Transport
Cafeteria
Team Outings
Health Insurance
Job Training
Soft Skill Training +6 more
View more benefits

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Lead - Compensation & Benefits (12-18 yrs)

12-18 Yrs

1mon ago·via iimjobs.com

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