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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

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