2 Schaeffer & Sam Jobs
Lead - Compensation & Benefits (12-18 yrs)
Schaeffer & Sam
posted 15hr ago
Fixed timing
Key skills for the job
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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5-15 Yrs
International/Overseas, Nigeria