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Compensation & Benefits Professional

Siemens

Siemens

Accounting & Finance
Mumbai, Maharashtra, India
Posted on Dec 17, 2024

Job Description

Job ID

444096

Company

Siemens Limited

Organization

People & Organization

Job Family

People & Organization

Experience Level

Experienced Professional

Full Time / Part Time

Full-time

Contract Type

Permanent

Compensation and Benefits Professional

Position Overview

This position is responsible for high quality execution of all elements of our total rewards programs amidst a context of competitive market dynamics, business transformation, delivery to 20000+ employees within Lead Country India

As a member of a global Compensation and Benefits team, with deep functional expertise, the position will work across the business, provide solutions and serves as a trusted advisor in his/ her area of responsibilities.

Key responsibilities:

  1. Compensation:
    1. Benchmarking - Responsible for running the benchmarking process and related processes, communication with necessary stakeholders.
    2. Merit/Salary Increase – Part of team responsible for executing timely salary increases.
    3. Bonus Payouts - Part of Team responsible for executing Performance Payouts
  2. :

    1. Drive best practices across our policies and procedures to support the organization’s people strategy.

b. Support execution of compliance with changing local legislations impacting reward structures.

  • Support CB team on any other special projects.

Education & Experience:

  • Professional qualification with Postgraduate in Management studies/Equivalent qualification from reputed Institute.
  • Up to 10 years of experience in compensation and benefit.
  • Detailed oriented, analytical frame combined with curiosity and ability to manage in areas without 100% clarity.
  • Excellent interpersonal and communication skills in order to interact effectively with employees and management in identifying and resolving complex issues and conveying ideas.
  • Excellent stakeholder management across hierarchies and departments
  • Willing to challenge the status quo ensuring our total rewards are competitive and enabled by the appropriate technology.
  • Good business understanding.
  • Business fluent knowledge of English in spoken and written form desirable.