Senior Manager – Compensation

Posted:
9/17/2024, 7:47:54 PM

Location(s):
Maharashtra, India ⋅ Pune, Maharashtra, India

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
People & HR

As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, we’d like to ask you: Are you FIS?

About the team:

It’s an amazing opportunity to join a Talented team of innovative and committed folks doing interesting work at the world’s largest global provider dedicatedto financial technology solutions!

What you will be doing:

  • Provide compensation support and regional expertise to group other than TSO.
  • Provide leadership to and direct supervision of compensation team members Delivery team.
  • Drive process improvements and automation initiatives to increase operational efficiency.
  • Partner with members of Total rewards team / TPO to deliver great client experience.
  • Compensation delivery:
    • Snow Support
    • Equity /ESPP Operations
    • Market Competitiveness
    • Retention operations
    • Recognition operations
    • Global projects
  • You will conduct analyses of jobs, salaries, and incentives to evaluate internal equity, external competitiveness, and legal compliance of the organization's pay practices.
  • Make recommendations regarding salary grades or market rates for specific jobs.
  • Assist in the development of incentive programs and the administration of performance review or merit-rating programs.
  • Review salary increases for compliance with organization policy and budget.
  • Assists in the implementation and delivery of various Compensation and HR projects including performance management, monthly reporting, etc.
  • Assists in implementing and administering compensation and incentive programs across the organization and participates in salary surveys to maintain current competitive data, summarizing analysis results.
  • Assists in managing job documentation related databases and tables for job codes and job descriptions including the preparation and analysis of reports to ensure equity and competitiveness of all jobs.
  • Creates job descriptions and maintains job description database. Researches, collects and analyzes data to determine appropriate grade level and title for proposed new jobs and re-evaluations of current jobs.
  • Assists in market analyses to identify competitive practices and trends in specific geographic areas where FIS has significant presence.
  • May provide support to HRIS (Human Resources Information System) team in compilation, analysis and delivery of reports.

What you bring:

  • 10+yrs of experience in C&B and Fair knowledge of India compensation market and labor laws.
  • Should have good knowledge of compensation philosophy and good experience into data analytics and compliance.
  • Excellent knowledge in providing analysis on base salary, short and long-term incentives, reward and recognition programs, benchmarking and survey analysis, job evaluation and job pricing
  • Conducted analyses of jobs, salaries, and incentives to evaluate internal equity, external competitiveness, and legal compliance of the organization's pay practices
  • Solid Excel skills required; prefer the ability to perform V-lookups, create pivot tables and databases, formulate cells within spreadsheets, etc.
  • Attention to detail, analytical/reasoning, interpersonal, organizational and problem-solving skills

What we offer you:

A career at FIS is more than just a job. It’s the change to shape the future of fintech. At FIS, we offer you:

  • A voice in the future of fintech
  • Always-on learning and development
  • Collaborative work environment
  • Opportunities to give back
  • Competitive salary and benefits

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

#pridepass