Infosys

Practice Lead/ Principal - Comp & Ben

Posted On

Aug. 21, 2024

Location

Bangalore, Karnataka

Experience Level

8 - 18 Years Exp.

Job Type

Permanent

Apply By

Oct. 31, 2024

Job Description

Responsibilities:  Design compensation structures/models, allowances, salary ranges, long & short term incentive programs, policy formulation across group entities  Budgeting, financial impact analysis and scenario planning to evaluate optimal solutions and implementation plans  Refine market intelligence data to periodically benchmark compensation programs / processes in scope and recommend enhancements to improve their competitiveness.  Ensure that compensation practices are in compliance with current legislation  Design and deployment of various compensation programs to drive organizational performance through world-class practices of governance and employee experience  Large change / program management including those that affect the larger organization and drive business value  Lead key / strategic initiatives within the Practice  Independently resolve escalated compensation issues and recommend optimal solutions for issues with high complexity.  Develop and report metrics related to effectiveness of managed compensation programs / processes.  Engage with internal stakeholders and user groups to solicit actionable feedback on programs and recommend design improvements.  Develop targeted education programs and communication material on compensation offerings. Educational Requirements Master Of Business Adm. Additional Responsibities:  8+ years experience in core compensation and benefit areas of organization(s) with multi-country operations (or) consulting experience in total rewards.  Strong analytical and quantitative skills to work with complex data with an emphasis on accuracy. High proficiency in operating with spreadsheets and databases.  Have an eye for detail yet understand the larger context to recommend solutions factoring multiple variables.  Ability to engage with multiple internal and external stakeholders to realize shared objectives.  Can take responsibility and operate independently in a fast-paced environment.  Education: Top B-Schools would be Preferred Technical and Professional Requirements: SKILLS: • Compensation Structure, • Compensation Design, • Compensation Modelling, • Executive remuneration, • Bonus Plan, • Incentive Plan, • Allowances Design, • Structuring Hiring Grids, • Compensation budgeting, • HR due diligence, • Merger and Acquisition, • Compensation and Benefits Harmonization

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