Associate, Compensation

3.0 - 5.0 years

17.0 - 18.0 Lacs P.A.

Pune

Posted:2 days ago| Platform: Naukri logo

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Skills Required

Compensation And BenefitsCompensation ManagementCompensation BenchmarkingEmployee Benefits

Work Mode

Hybrid

Job Type

Full Time

Job Description

About the Department: The Human Resources business unit enables TresVista's people across departments to catalyze our clients' impact. The department is responsible for recruitment, managing compensation and benefits, maximizing employee productivity and wellbeing, reviewing performance, enhancing employee lifecycle, and other aspects that affect the firm and its people. The HR Center of Excellence (CoE) is a specialized department that possesses deep knowledge of core HR and talent practices, driving innovation and best practices to realize value through HR transformation and people strategies. As part of the HR Center of Excellence, the Compensation team leads strategic reward initiatives - steers bonus budgeting & payouts, and strategic payroll initiatives ensuring fair, competitive, and business-aligned reward practices across the organization. Roles and Responsibilities Managing conversation with prospective senior hires at pre- and post-offer stage regarding the CTC breakup, explanation of terms and conditions along with the documentation required Designing and reviewing Compensation & Benefits strategies for the organization Managing the annual compensation and review process for all employees which includes processing promotions, increments, and yearly bonus payouts Creating models to forecast the team costs basis the HoDs requirements, while also maintaining and updating them regularly Providing specialty reporting and data analysis as and when required by building excel models Staying abreast of market trends to ensure the industrys best compensation policies and procedures are implemented within the firm Conducting market analysis to conduct salary benchmarking through primary and secondary research Developing and reviewing the rewards and incentives program to ensure employee retention Prerequisites: Strong business and HR acumen, including strong problem-solving skills, and critical thinking Commitment and ownership Strong analytical ability & attention to detail Excellent communication and presentation skills Good time management and multi-tasking skills Team management and project management Command over MS Office tools like Excel, Word, PowerPoint, and Outlook Experience: Graduate in any discipline with 3-5 years or MBA in HR/Finance with 2+ years of relevant experience Education: Any Graduate/MBA in HR (preferred) Compensation: The compensation structure will be as per industry standard

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