Deputy General Manager - Compensation and Benefits, HRSSC - Chennai - ref. v64019

• Analyze existing compensation data : To provide informed recommendations to standardise pay components.
• System Implementation and Maintenance :Collaborate with IT, internal and external vendor teams to customize systems to meet organizational needs. Ensure seamless integration and alignment between HRMS, Payroll and C&B modules. Monitor system performance, pro-actively trouble shoot issues and oversee ongoing maintenance.
• Process Optimisation : Develop and document standard operating procedures for Compensation & Benefits systems and processes. Automate manual processes and implement workflows to improve efficiency.
• Data Analytics :Generate data analytics and reporting to provide insights into workforce trends, costs and ROI of benefits programs.
• Annual Increment and Variable Pay Cycle :Run the Annual Increment and Variable Pay cycle
• Compensation Management : System generation and Issuance of Annual Rewards & Promotion Letters
• Statutory changes : Stay abreast of emerging trends impacting compensation practices and propose implementation solutions aligned with company policies.
• Market benchmarking of Compensation : Participate in market Benchmarking periodically, use the data to design and update Pay Ranges.
• Compensation Structure : Support the benchmarking of Compensation structure with Market periodically and suggest Pay Structure for relevant management cadre.
• Special Projects: Design and Implementation of Special projects time to time.

Key Interactions with :

Internal

• Senior Management
• Talent Partners/HR Team
• Business Leaders/Department Heads
• Finance Team
• Legal Team
• IT/HRIS Team
• Employees
• .Compensation Consultants
• .Regulatory Bodies
• .Industry Associations
• .Vendors/Service Providers
• .External Auditors
• .Labor Market/Job Market

Technical Skills:

• Skilled in analyzing compensation data
• Attention to detail and a commitment to accuracy
• Hands on experience in implementing and running C&B systems.
• Proficiency in change management and process improvement.
• Experience in leading merit and incentive programs.
• Knowledgeable about compensation laws.
• Competent in budget maintenance and reporting.
• Advanced skills in Excel and data analysis tools.
• Ability to monitor and analyze market salary trends.

Behavioral Skills:

• Clear and effective communicator.
• Strong team player with stakeholder engagement skills.
• Excellent analytical and problem-solving skills.
• Discreet in handling sensitive information.
• Ability to manage strategic priorities with operational execution.
• Efficient time management.