Manager - Compensation & Benefits

Paytm; Dadri; In loco; INR 1.400.000 - 2.800.000; Tempo pieno

Descrizione del lavoro

Paytm is seeking a seasoned Compensation & Benefits professional to lead external benchmarking, survey analysis, and policy development. The role provides expert local insights to HR Partners and senior leaders, with responsibilities including ESOP management, annual budgeting, and trend analytics to drive competitive employee compensation.

MBA in HR is required. The ideal candidate will have deep knowledge of Indian labor acts and compensation practices, and strong Excel/data analytics skills

Competenze

• Minimum 6 years of experience in Compensation & Benefits.
• In-depth knowledge of India compensation & benefits, employment acts, and other companies' compensation & benefits programs.
• Strong data analytics capabilities and proficiency in MS Excel.

Mansioni

• Benchmark external competitiveness of salary ranges through market data and comparators.
• Analyze survey results to compare compensation and benefits plans.
• Participate in developing compensation and benefits policies.
• Manage the Employee Stock Option Plan (ESOP).
• Lead annual planning, forecasting, and budgeting for direct employee costs.

Conoscenze

Compensation & Benefits

Cross-functional knowledge

India comp & benefits knowledge

Data Analytics

Formazione

MBA in HR

Strumenti

MS Excel

Descrizione del lavoro

About Us

Paytm is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, Paytm builds technologies that help small businesses with payments and commerce. Paytm’s mission is to serve half a billion Indians and bring them to the mainstream economy with the help of technology.

About the Team

Because you get an opportunity to make a difference, and have a great time doing that. You are challenged and encouraged here to do stuff that is meaningful for you and for those we serve. We are successful, and our successes are rooted in our people's collective energy and unwavering focus on the employees, and that's how it will always be change management in Human Resources

About the role

This role will be responsible for supporting the implementation of a broad range of reward practices and compliance policies for the organization. This role is a key subject matter expert of the Compensation and Benefits functions locally; the role provides local insights, consultation, and advice to Human Resources Business Partners and senior business leaders as required. key responsibilities in order of importance and specify the approximate amount of time, e.g. in % related to the typical business cycle).

Expectations/ Requirements

• 1. Compensation Benchmarking: Ensure external competitiveness of internal salary ranges by benchmarking against comparators.
• 2. Conducts and analyses survey results to assist in comparing compensation and benefits plans.
• 3. Participates in the development of compensation and benefits policy.
• 4. Managing the Employee Stock Option plan.
• 5. Annual planning, forecasting, and budgeting exercises for all direct costs for employees (salary and benefits, annual increments, incentives, rewards, and awards programs).
• 6. Annual Salary review exercise and administration of compensation review process cycle; off-cycle pay adjustments.
• 7. Monitors compensation trends within the organization and provides analytics to support operational efficiency.
• 8. Provide ongoing support to line managers and HR on operations matters related to compensation
• 9. Compensation Programs: Keep abreast with the new trends and best practices in the C&B field.
• 10. Provide support in Annual Reports, AGMs and other statutory requirements

Superpowers/ Skills that will help you succeed in this role

• 1. Specialist with a minimum of 6 years of experience in Compensation & Benefits.
• 2. Specialized or cross-functional knowledge / relevant experience required by the position/role.
• 3. In-depth knowledge of concepts & principal of India compensation & benefits, employment acts, and other companies' compensation & benefits programs.
• 4. Data Analytics, Well-versed with MS Excel.

Education : Must be an MBA in Human Resource or any equivalent degree.