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Compensation & Benefits Professional

Job Description

Compensation and Benefits Professional (Siemens Ltd.)

This position is responsible for driving Benefits related policies, systems and structures, drive M&A projects in C&B area within the Lead Country India including any Affiliated Companies residing therein.

As a member of the Comp & Ben team in India, will work across the business, provide solutions and serves as a trusted advisor in his/ her area of responsibilities on all Compensation and Benefits processes eg Salary benchmarking, policies and any other topics/special projects. 

Key responsibilities:

  • Benefits COE:
  • Define, drive implementation of the Benefits proposition (Insurance, Retirals – PF, Pension, Superannuation) in the country cluster.
  • Ensure that our benefits policies, procedures are compliant with Govt rules and regulations.
  • Drive best practices in the area of Benefits from an operational perspective.
  • Plan, develop and implement initiatives/campaigns/awareness sessions to enhance policy awareness amongst various stakeholders.

  • Responsible for end to end integration and management of HR practices/policies in all M&A's in India.
  • Conduct due diligence of policies and practices basis analysis of compensation practice, adherence to labor laws and various HR practices.
  • Coordinate with various teams to harmonize policies, restructure compensation structure, manage defined benefit & defined contribution schemes for the new entity.

  • Compensation Benchmarking:
  • Assists in governing the benchmarking process for Siemens, including finding out robust alternative vendors for benchmarking at cost optimized solutions/new methodologies existing in the market.
  • Part of team communicating benchmarking principles with internal stakeholders. Support CB team on all HR Policies and related Communication and any other special projects

Education & Experience:

  • Professional qualification with Postgraduate in Management studies/Equivalent qualification from reputed Institute.
  • At least 5-7 years of experience in compensation and benefit with a hand on experience in working on all aspects of Benefits.
  • Exceptional detailed orientation.
  • 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
  • Good business understanding.
  • Business fluent knowledge of English in spoken and written form desirable.

We’ve got quite a lot to offer. How about you?

This role is based in Kalwa (Mumbai)/ Bangalore, where you’ll get the chance to work with teams impacting entire cities, countries – and the shape of things to come.

We’re Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality, and we encourage applications that reflect the diversity of the communities we work in across Gender, LGBTQ+, Abilities & Ethnicity. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and imagination and help us shape tomorrow.

Find out more about us at: https://new.siemens.com and about Siemens careers at: www.siemens.com/careers

Feel free to apply for this role. On finding your candidature suitable, our recruiter will contact you for the preliminary discussion for this role. All the very best.


Organization: People & Organization

Company: Siemens Limited

Experience Level: Experienced Professional

Job Type: Full-time

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