IBM

DGM-Comp and Ben

Posted On

Oct. 23, 2024

Location

Bangalore, Karnataka

Experience Level

Professional

Job Type

Permanent

Apply By

Nov. 22, 2024

Job Description

Introduction
At IBM, we view work as more than just a job; it's a calling. Our mission is to build, design, code, consult, and lead in this new era of technology, solving some of the most complex problems. This role centers on understanding clients' needs regarding people outcomes and crafting solutions that leverage IBM HR capabilities to deliver those outcomes. As a Deputy Group Manager, you'll collaborate with the best minds at IBM, interact with clients to align with their business needs, and engage multiple stakeholders to ensure the successful delivery of solutions. You'll serve as a catalyst for change, enhancing the employee experience for our clients.

Your Role and Responsibilities
As a Subject Matter Expert (SME) in Compensation and Benefits Administration, you will play a crucial role in ensuring that our client organization's compensation and benefits programs are competitive, compliant, and effectively administered. Your expertise will be instrumental in designing, implementing, and managing compensation and benefits strategies that attract, retain, and motivate employees while aligning with organizational goals and industry best practices

Strategic Planning: Collaborate with senior management and HR leadership to develop and implement compensation and benefits strategies that support the organization's overall objectives and talent acquisition/retention goals.
Policy Development: Develop and maintain compensation and benefits policies and procedures that comply with relevant laws and regulations while reflecting best practices in the field.
Market Analysis: Conduct regular benchmarking and market analysis to ensure that our compensation and benefits packages remain competitive within the industry and region.
Salary Structure Design: Design and maintain salary structures, job classifications, and salary ranges based on job evaluations, market data, and internal equity considerations.
Benefits Administration: Oversee the administration of employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other fringe benefits.
Compliance: Ensure compliance with all relevant federal, state, and local regulations governing compensation and benefits, such as the Fair Labour Standards Act (FLSA), Affordable Care Act (ACA), and ERISA.
Data Analysis: Analyse compensation and benefits data to identify trends, opportunities for improvement, and areas of risk, providing insights and recommendations to inform decision-making.
Employee Communication: Develop and deliver communication materials to educate employees about compensation and benefits programs, policies, and changes.
Training and Development: Provide training and support to HR staff, managers, and employees on compensation and benefits-related topics, ensuring understanding and compliance.
Vendor Management: Oversee relationships with external vendors, consultants, and service providers involved in compensation and benefits administration, ensuring quality service delivery and cost-effectiveness.
Continuous Improvement: Lead or contribute to initiatives aimed at improving compensation and benefits processes, systems, and programs, driving efficiency, effectiveness, and employee satisfaction.

Required Technical and Professional Expertise

Bachelor's degree in Human Resources, Business Administration, Finance, or related field (Master's degree preferred)
Overall 10-12 years of experience in HR processes with minimum 7-10 years of experience in compensation and benefits administration, with a focus on strategic planning, policy development, and program management
In-depth knowledge of compensation and benefits principles, practices, and regulations.
Strong analytical skills and experience with data analysis and interpretation.
Excellent communication skills, both written and verbal, with the ability to effectively communicate complex information to diverse audiences.
Strong interpersonal skills and the ability to collaborate effectively with stakeholders at all levels of the organization.
Demonstrated ability to think strategically, solve problems, and drive results.
Proficiency in HRIS and compensation/benefits administration software.
Excellent written and verbal communication skills
Good organizational skills including attention to detail and multitasking skills
Hands-on exp of Microsoft Office

Preferred Technical and Professional Expertise

Professional certification such as Certified Compensation Professional (CCP) or Certified Benefits Professional (CBP).
Experience working in a global or multi-national organization with complex compensation and benefits structures.
Knowledge of emerging trends and best practices in compensation and benefits, including total rewards strategies, pay equity, and flexible work arrangements.

About Business Unit

IBM Consulting is IBM’s consulting and global professional services business, with market leading capabilities in business and technology transformation. With deep expertise in many industries, we offer strategy, experience, technology, and operations services to many of the most innovative and valuable companies in the world. Our people are focused on accelerating our clients’ businesses through the power of collaboration. We believe in the power of technology responsibly used to help people, partners and the planet.

This job requires you to be fully COVID-19 vaccinated prior to your start date and proof of vaccination status will be required before your start date. During the Onboarding process you will be asked to confirm your vaccination status, in case you are unable to get vaccinated for any reason, you can let us know at that stage. Please let us know if you are unable to be vaccinated due to medical or religious reasons. IBM will consider such requests on a case by case basis subject to submission of required proof by the candidate before a stipulated date.

Your Life @ IBM

In a world where technology never stands still, we understand that, dedication to our clients success, innovation that matters, and trust and personal responsibility in all our relationships, lives in what we do as IBMers as we strive to be the catalyst that makes the world work better.

Being an IBMer means you’ll be able to learn and develop yourself and your career, you’ll be encouraged to be courageous and experiment everyday, all whilst having continuous trust and support in an environment where everyone can thrive whatever their personal or professional background.

Our IBMers are growth minded, always staying curious, open to feedback and learning new information and skills to constantly transform themselves and our company. They are trusted to provide on-going feedback to help other IBMers grow, as well as collaborate with colleagues keeping in mind a team focused approach to include different perspectives to drive exceptional outcomes for our customers. The courage our IBMers have to make critical decisions everyday is essential to IBM becoming the catalyst for progress, always embracing challenges with resources they have to hand, a can-do attitude and always striving for an outcome focused approach within everything that they do.

Are you ready to be an IBMer?

About IBM

IBM’s greatest invention is the IBMer. We believe that through the application of intelligence, reason and science, we can improve business, society and the human condition, bringing the power of an open hybrid cloud and AI strategy to life for our clients and partners around the world.

Restlessly reinventing since 1911, we are not only one of the largest corporate organizations in the world, we’re also one of the biggest technology and consulting employers, with many of the Fortune 50 companies relying on the IBM Cloud to run their business.

At IBM, we pride ourselves on being an early adopter of artificial intelligence, quantum computing and blockchain. Now it’s time for you to join us on our journey to being a responsible technology innovator and a force for good in the world.

Location Statement

When applying to jobs of your interest, we recommend that you do so for those that match your experience and expertise. Our recruiters advise that you apply to not more than 3 roles in a year for the best candidate experience.

For additional information about location requirements, please discuss with the recruiter following submission of your application.

Being You @ IBM

IBM is committed to creating a diverse environment and is proud to be an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, caste, genetics, pregnancy, disability, neurodivergence, age, veteran status, or other characteristics. IBM is also committed to compliance with all fair employment practices regarding citizenship and immigration status.

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