Saturday, February 25, 2006

Opening for Manager (Comp & Benefit) at Mumbai

A leading MNC Bank is looking out for professional in Compensation & Benefits division with business acumen.

Designation: Manager - Compensation & Benefits
Location: Mumbai

Administer, direct, and review employee benefit programs, including the integration of benefit programs following mergers and acquisitions.
Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan.
Analyze statistical data and reports to identify and determine causes of personnel problems and develop recommendations for improvement of organization's personnel policies and practices.]
Design, evaluate and modify benefits policies to ensure that programs are current, competitive and in compliance with legal requirements.
Develop methods to improve employment policies, processes, and practices, and recommend changes to management.
Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies.
Formulate policies, procedures and programs for recruitment, testing, placement, classification, orientation, benefits and compensation, and labor and industrial relations.
Identify and implement benefits to increase the quality of life for employees, by working with brokers and researching benefits issues.
Manage the design and development of tools to assist employees in benefits selection, and to guide managers through compensation decisions.
Mediate between benefits providers and employees, such as by assisting in handling employees' benefits-related questions or taking suggestions.
Maintain records and compile statistical reports concerning personnel-related data such as hires, transfers, performance appraisals, and absenteeism rates.
The incumbent must haveMust be a MBA / PGD in HR from a reputed institute with 5 - 7 years of relevant work experience Good knowledge of all HR processesStrong process & people orientationExcellent communication and inter-personal skillsExcellent Analytical SkillsGood knowledge of current business trends and business processes

Compensation: Best in the Industry

Interested candidates are requested to email a copy of your detailed resume (MS Word) directly to stating the job position in the subject head . Please also do mention your current/expected salary.

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