Compensation and Benefits Lead
4 months ago
Thrive with B.TECH on a Journey that defines the essence of your professional evolution through Stability and Security, Continuous Development and Growth, a well-established Prominent Organization, and a Culture of Innovation and Creativity.
Join us on this exciting journey of growth and innovation
- Develop and maintain a robust salary structure that aligns with market trends, internal equity, and organizational goals.
- Conduct regular salary mapping exercises to ensure that compensation levels are competitive and fair across all job levels and functions.
- Implement salary ranges and guidelines to support consistent and equitable compensation decisions.
- Prepare and manage the compensation and benefits budget, ensuring that costs are aligned with organizational priorities and financial constraints.
- Monitor budget performance throughout the year and identify opportunities for cost savings or reallocation.
- Develop and implement strategies to control compensation costs while maintaining competitive market positioning.
- Conduct regular salary surveys to gather market data on compensation practices, industry benchmarks, and competitor offerings.
- Analyze survey results to identify compensation gaps and opportunities for improvement.
- Use survey data to inform salary structure adjustments, merit increases, and incentive programs.
- Implement a job evaluation system to assess the relative value of different positions within the organization.
- Conduct job evaluations to determine appropriate compensation levels and ensure internal equity.
- Regularly review and update job descriptions to reflect changes in job responsibilities and requirements.
If you're ready to take your career to the next level and contribute to the success of a thriving organization, B.TECH is the place for you
**Requirements**:
- Bachelor's degree in Human Resources, Business Administration, or a related field.
- Proven experience in compensation and benefits.
- Strong knowledge of compensation and benefits principles, practices, and regulations.
- Proficiency in using compensation software and tools.
- Excellent analytical and problem-solving skills
- Strong interpersonal and communication skills
- Ability to work effectively in a fast-paced environment.
**Benefits**
- Private Health Insurance
- Work From Home
- Performance Bonus
- Comprehensive health and life insurance
- Professional development and training opportunities for advancement and career growth
- Employee discounts and wellness programs
- High performance and rewarding culture
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