Compensation and Benefits Manager
Job Description
Roles & Responsibilities of Compensation and Benefits Manager
A Compensation and Benefits Manager is responsible for designing, implementing, and managing an organization’s compensation structures and benefits programs to attract and retain talent, ensure compliance with legal regulations, and maintain internal equity and external competitiveness.
Key Responsibilities:
- Salary Structure: Design and manage the company’s salary and compensation structure to ensure competitiveness in the market.
- Benefits Management: Oversee employee benefits programs like health insurance, retirement plans, bonuses, and leave policies.
- Market Research: Conduct research on market trends and competitor compensation packages to ensure the company stays competitive.
- Payroll Oversight: Ensure accurate and timely processing of payroll for all employees.
- Policy Development: Create and update policies related to employee compensation and benefits.
- Compliance: Ensure all compensation and benefits programs comply with laws and regulations.
- Employee Communication: Communicate compensation and benefits programs to employees clearly, answering any questions they may have.
- Data Analysis: Analyze compensation and benefits data to make informed decisions and recommendations.
Requirements:
- Education: Bachelor’s degree in HR, Business, or related field.
- Experience: 4-6 years in compensation and benefits or HR management.
- Skills: Strong analytical, communication, and organizational skills.
Location:- Gurugram, Haryana
