Compensation and Benefits Manager

Compensation & Benefits Administer compensation structures and incentive plans to support performance orientation.Develop, implement, and execute various compensation and benefits initiatives.Conduct regular market benchmarking to ensure competitive positioning of compensation structures.Performance Appraisal and Development (PAD)Support the implementation and execution of the Performance Appraisal and Development (PAD) process in line with group guidelines.Ensure accurate reporting structures in Oracle HRIS for seamless PAD processes.Provide training to managers and employees on the PAD process and tools.Reward & Recognition (Total Rewards)Manage existing Reward & Recognition programs.Assist in developing new online recognition tools to enhance employee experience.Ensure timely communication and execution of rewards initiatives.HRIS Management (Oracle)Manage and maintain the Oracle HRIS system, ensuring data accuracy and regular updates.Provide training and user support to enhance system adoption.Payroll ManagementOversee payroll operations for permanent employees, ensuring accuracy and adherence to statutory compliance.Administer employee benefits, including insurance schemes and other welfare programs.Regularly review and update payroll policies to remain compliant with labor laws and regulations.Employee BenefitsManage employee benefits programs, including medical insurance, gratuity, and retirement plans.Address employee queries and provide clarity on benefit policies.Attendance & Leave ManagementEnsure accurate monthly attendance records for payroll processing.Manage annual leave reconciliation, validations, and verifications.Generate regular leave statistics and reports.Exit ManagementOversee the exit process to ensure a seamless transition for departing employees.Manage full and final settlements in a timely and accurate manner.Provide guidance and support to site HR teams during the exit process.MIS Reporting and MetricsPrepare and release periodic HR dashboards with key metrics for management review.Maintain an updated employee database and generate custom reports as needed.HR BudgetingAssist in preparing the annual HR budget, incorporating inputs from all stakeholders.Monitor budget utilization and ensure adherence to financial guidelines.Compliance & Labor LawsEnsure compliance with labor laws, including the Minimum Wages Act, Payment of Wages Act, Bonus Act, Gratuity Act, and Shops & Establishments Act.Stay updated with regulatory changes and implement necessary adjustments to HR policies and practices.

Essential: MBA in Human Resources or equivalent qualification.8-12 years of experience in Compensation & Benefits, HRIS (preferably Oracle), Payroll Management.Strong HR operational experience, with attention to detail and process orientation.Proficiency in managing payroll and compliance with labor laws.Preferred: Advanced skills in Microsoft Excel for analytics and reporting.Exposure to total rewards management and HR metrics. .