Assistant Manager Compensation & Benefits
- Encore Capital Group
- 4 - 5 years
- Noida, Gurugram
- 6 months ago
- Email to a friend
- Report this job
Job Description
The Assistant Manager - Compensation and Benefits is responsible for supporting the design, implementation, and administration of the organization s compensation and benefits programs. This includes salary structures, incentive plans, benefits programs, benchmarking, compliance, and reporting to ensure competitiveness and alignment with the company s strategy.
Develop and administer compensation strategies including salary benchmarking and pay structures.
10%
Conduct regular market analyses to ensure competitive compensation.
25%
Support annual salary review processes, bonus planning, and incentive schemes.
20%
Maintain compensation data and prepare reports for management. Administer and manage the Short-Term Incentive (STI) program to align employee performance with organizational goals. Oversee the Long-Term Incentive (LTI) program, including equity awards (stock options, RSUs, performance shares) and other deferred compensation plans.
20%
Supports the planning and execution of the annual Merit Planning process. Performs analysis such as Comp Ratio and cost impact analysis to evaluate impact of proposals. Works with HRBP teams and business to ensure smooth delivery of merit letters. Ensures accurate payroll input for merit related changes. Supports the planning and execution of the midyear promotion and market correction process. Total Reward Statement for all employees during Merit Increase cycle.
25%
TOTAL
100%
MINIMUM REQUIREMENTS
EDUCATION: Masters or Advanced FIELD OF STUDY: Human Resources
EXPERIENCE: Required: 4-5 years in progressive HR roles, with at least 3 years in comp. Knowledge in HR research methodology, survey development, statistics, and data analysis and reporting.. Advanced Proficiency with Microsoft Word, Excel, Power Point, Outlook. HRIS, Experience maintaining confidential data.
- Good communication and stakeholder management skills.
- Detail-oriented and highly organized
- Assist in the development and administration of compensation policies, frameworks, and salary structures.
- Conduct benchmarking and market analysis using compensation surveys
- Support annual compensation cycles including salary reviews, bonus planning, and promotions.
- Analyze internal compensation data to ensure pay equity and competitiveness.
- Prepare compensation reports and analytics for management decision-making.
CERTIFICATION(S): Certification(s) required
KNOWLEDGE, SKILLS, ABILITIES, AND OTHER ATTRIBUTES:
- Strong analytical skills and proficiency in Excel
- Familiarity with HRIS systems and compensation tools.
- Knowledge of labor laws and statutory compliance in India (or relevant geography).
- Good communication and stakeholder management skills.
- Detail-oriented and highly organized.
Job Classification
Industry: Management ConsultingFunctional Area / Department: Human ResourcesRole Category: Compensation & BenefitsRole: Compensation & Benefits - OtherEmployement Type: Full timeContact Details:
Company: Encore Capital GroupLocation(s): Noida, Gurugram+ View Contact
Keyskills: Market analysis Payroll Data analysis HRIS Leadership training Stakeholder management microsoft Credit management Analytics
Fraud Alert to job seekers!
₹ Not Disclosed
Similar positions
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in