Compensation Specialist_Noida_0109
Havells · Not specified · onsite · Posted 43d ago
Not disclosed3–5 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
Job Description
Workforce Planning & Manpower Cost Management
Workforce Planning & Manpower Cost Management
- Drive annual workforce planning and manpower budgeting in partnership with business HR and Finance — headcount, cost projections and position management.
- Model manpower cost scenarios (increments, promotions, new hires, attrition backfills) and track budget vs. actuals through the year.
- Support organisation design exercises with benchmarking of spans, layers and role-level costs.
- Lead the digital setup and configuration of compensation modules on Oracle — salary structures, grades and ranges, workforce compensation plans, and the annual increment / bonus worksheets.
- Partner with HRIS / IT teams on requirement gathering, UAT, go-live and hypercare for compensation and performance workflows.
- Maintain data integrity of compensation elements in the system; automate letters, statements and approval flows.
- Continuously identify opportunities to simplify and digitise C&B processes, including AI-enabled insights and self-service dashboards.
- Administer the performance management cycle — goal setting, check-ins, mid-year and annual reviews — on the digital platform.
- Run calibration support, ratings analytics and pay-for-performance linkage (increment and bonus differentiation matrices).
- Enable managers and employees on the performance and compensation tools through communication and training material.
- Execute the annual compensation review cycle — market benchmarking surveys, pay-range design, increment and bonus budgets, and offer fitments.
- Ensure internal parity and compliance with statutory and governance requirements in all pay decisions.
- Build and publish dashboards on headcount, manpower cost, compa-ratio, pay equity, attrition and productivity metrics for leadership reviews.
- Deliver ad-hoc analyses and board / CHRO-level presentations with clear, actionable insights.
- 3–5 years of hands-on experience in compensation & benefits, rewards or HR analytics roles, preferably in a large, multi-business organisation.
- Working experience of Oracle Fusion HCM (Workforce Compensation / Core HR / Performance modules) or a comparable HCM platform; exposure to module implementation is a strong advantage.
- Advanced Excel and strong analytical modelling skills; familiarity with analytics tools preferred.
- Sound understanding of performance management frameworks and pay-for-performance design.
- High integrity and discretion in handling confidential data; strong stakeholder management and communication skills.
- Structured problem-solver with attention to detail and the ability to manage cyclical peaks (increment cycle, budgeting, appraisals).
Sourced from foundit
Skills
Market benchmarking surveysUATAdvanced ExcelOracle Fusion Hcmanalytical modellingWorkforce CompensationPerformance modulesHR Analyticsself-service dashboardsCore HRAI-enabled insights
About Havells
Havells
Electrical Equipment
8.0k+
employees
1983
43 years old
Noida, Uttar Pradesh
India
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