Compensation & Benefits Officer
- R2r Consultants Llp
- 3 to 8 Yrs
- Mumbai
- 4 years ago
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Job Description
Compensation
- Prepares data for compensation and benefits analyses
- Clean reported data and checks the quality of data
- Provides support to HR Business Partners with data
- Cooperates with the salary benchmarking external consulting company
- Calculates the variable pay for employees under the close supervision of line manager (bonuses, incentives, stock option plans, etc)
- Run the audit reports and informs HOD HR about the results of audit tests
- Advices other members of the HR team on basic C&B topics
- Learns C&B processes and practices to advance the career
Statutory Compliance
- Ensure Statutory Compliance through coordination and Liasoning with required statutory authorities or as directed
- Responding to various Notices from Authorities ensuring closure on the gaps
- Analysis of trends in Compliance and devise a corresponding action plan.
- Audit of PF and other vendors on Statutory Compliance.
Employee Relations
- Dealing with cases reported on employees, conduct investigations and closure with actions as per the Process laid down.
- Assisting in investigations in certain cases as and when required.
- Assisting in the documentation of all case and compliance documents (Disciplinary Action Sheet, relevant case study papers and/or opinions if required) for Audit Compliance.
Payroll
- Complete ownership of the payroll process.
- Resolution of Employee queries in a time-bound manner Responsible for managing Pan India Payroll Operations
- Handle coordination, compliance to statutory guidelines and auditing of payroll data once received from the vendor
- Managing Payroll related legal & statutory Compliance (Tax, PF, ESIC, PT, LWF & Minimum wages)
- Managing employee benefits program
- Statutory remittances to the concerned Authorities as per calendar, 100% compliance
- Performing Annual PMS exercise (salary revision, rationalization & performance pay calculations)
- Responsible for various MIS reports like (Payroll MIS, Headcount, attrition, wage cost etc.)
Employement Category:
Employement Type: Full timeIndustry: Pharma / Biotech
Role Category: HR
Functional Area: Not Applicable
Role/Responsibilies: Compensation & Benefits Officer
Contact Details:
Company: R2r Consultants LlpLocation(s): Mumbai
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₹ 4.0 - 6 Lakh/Yr
R2r Consultants Llp
We are a Leading Executive Search Company in India. We cater to Retail, E-Commerce, FMCG, Consumer Durable, Pharma, Logistics and Real Estate Industry. We take pride in being the ELITE Recruitment Firm, catering to diverse industries. R2R Consults is considered to be the #1 choice when it co...
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