New User: Apply to selected job without registration
Cancel
  New User: Apply to selected job and register
Please fill in the below details to apply to the selected job.
If you are registred User, Login to Apply
Cancel

Compensation And Benefit Professional

6 - 10 YearsMumbai

Posted: 33 days ago

Job Description

- Performing Performance Appraisal, Managing and suggesting development in present system.
- Managing entire Annual Compensation exercise of Annual Increment process and suggesting improvements.
- Manage entire incentive pay-out process.
- Analysis of data put into Compensation increment and Incentive payouts.
- Develop a compensation and Benefit strategy for the organization.
- Develop strategy for Annual Increase, Incentive Payouts.
- Develop a retention strategy for High Performance.
- Set the organizations pay structure and benefits offerings.
- Performing Salary Survey for Analyzing Organizational Pay Structure.
- HRBP role, managing end to end life cycle of 2-3 BU).
- HRIS knowledge (Oracle, SAP will be an added advantage.
- Prepare a program budget and keep operations within budget.

Salary: Not Disclosed by Recruiter
Industry: Consumer Electronics / Appliances / Durables
Functional Area: HR, Recruitment, Administration, IR
Role Category: HR/ Recruitment / IR
Role: Pay Roll/Compensation Manager
Employment Type: Permanent Job, Full Time
Keyskills:

Desired Candidate Profile



PG - MBA/PGDM - Any Specialization, HR/Industrial Relations

Company Profile

Bajaj Electricals Limited
Bajaj Electricals Limited (BEL), a 77 year old trusted company with a turnover of Rs. 4430 crores, is a part of the US $ 9 billion (over Rs 36,000 crores) 'Bajaj Group'.


The revenue earning departments of BEL has four segments â€" Consumer Durables (2058 Cr) Lighting (913 Cr), EPC (1428 Cr) (Engineering & Projects), & Exports (31 Cr). These segments are supported by business units - Consumer Durables â€" Fans, Domestic Appliances, Kitchen Appliances, & Morphy Richards; Lighting â€" Domestic Lighting, & Luminaires; EPC â€" Transmission line Tower, Power Distribution & Illumination EPC.


With 21 branch offices spread across India we are supported by a chain of about 2200 distributors, 4100 authorized dealers, over 4,00,000 retail outlets and over 250 Customer Care centers.
View Contact Details+
Contact Details

Recruiter Name:Team Bajaj

Contact Company:Bajaj Electricals Limited

Website:http://www.bajajelectricals.com