Deputy manager

Job Description:

Role: Comp & Ben Expert Designation: Dy. Manager Cost Center (E-Mis)*:

E-Mis Code: Department: HR Location: Regional Head office,

Jubilee Hills

Reporting Manager Role: Vice president –

HR & Learning Center

No. of Reportees: 1

Purpose

The Compensation & Benefits Manager is responsible for designing, implementing, and managing the company’s

compensation and benefits programs to attract, retain, and motivate employees. This role also requires a strong

proficiency in HR analytics to identify cost-saving opportunities and optimize the effectiveness of compensation and

benefits strategies.

Skills

• Analytical and problem-solving skills with a focus on cost optimization.

• Proficiency in data analysis, statistical methods, and predictive modelling.

• Communication and presentation skills, with the ability to convey complex data insights to non-technical

stakeholders.

• Strong attention to detail and commitment to data accuracy and integrity.

• Ability to work independently and collaboratively in a fast-paced environment.

Tasks

Compensation & Benefits Management:

• Develop, implement, and administer compensation and benefits policies and programs.

• Conduct regular benchmarking and market analysis to ensure competitive compensation packages.

• Oversee salary structures, incentive plans, and benefits programs to align with the company’s strategic

objectives.

• Manage annual compensation reviews and appraisal processes.

HR Analytics:

• Utilize HR analytics to provide insights on compensation and benefits trends, employee performance, and

retention.

• Develop predictive models to forecast compensation and benefits costs and identify potential cost-saving

opportunities.

• Analyze data to ensure compensation and benefits programs are aligned with business goals and market trends.

• Provide data-driven recommendations to optimize compensation and benefits strategies.

Cost Management:

• Identify and implement cost-saving initiatives and work closely understanding the business requirements

• Monitor and analyze the effectiveness and efficiency of the projects implemented.

Compliance and Governance:

• Ensure all compensation and benefits programs comply with local, state, and federal regulations.

• Maintain up-to-date knowledge of relevant laws and regulations affecting compensation and benefits.

• Point of contact legal & Statutory concerns addressal

• Conduct audits to ensure compliance and address any discrepancies

Digitization:

• Assess the digitization requirement in coordination with relevant stake holders.

• Identify the applications that are suitable for the requirement

• Implementation of the digital applications by coordinating with relevant stake holders.

Education & Experience

• Post Graduation in HR (preferred) or Finance

• Minimum of 8+ years of experience in compensation and benefits management.

• Proven experience in HR analytics, data analysis, and cost management.

• Experience with HRIS systems and data visualization tools (e.g., Advance excel, Power BI)

Skills

• Analytical and problem-solving skills with a focus on cost optimization.

• Proficiency in data analysis, statistical methods, and predictive modelling.

• Communication and presentation skills, with the ability to convey complex data insights to non-technical

stakeholders.

• Strong attention to detail and commitment to data accuracy and integrity.

• Ability to work independently and collaboratively in a fast-paced environment.