Assistant Manager - Performance Management & Rewards/Compensation & Benefits (3-7 yrs)

Assistant Manager - Rewards / Compensation & Benefits

Responsibilities:

Compensation Strategy:

- Developing and implementing a compensation strategy that aligns with the organization's overall business goals and objectives.

- Conducting market research to ensure that the company's compensation packages are competitive and attractive to both current and potential employees.

Salary Structure:

- Designing and maintaining the organization's salary structure, including salary bands and ranges for different job positions.

Job Evaluation:

- Conducting job evaluations to determine the relative value and complexity of different roles within the company, establishing fair and appropriate salary levels for each position.

Performance Management:

- Integrating compensation and rewards with the performance management system to link employee performance and contributions to their compensation.

- Implementing performance-based bonuses, incentives, and merit-based pay increases.

Benefits Administration:

- Managing the organization's benefits programs, which may include health insurance, retirement plans, holidays and paid time off, and other fringe benefits.