Microsoft Corporation is Looking for Compensation & Benefits Consultant at Bangalore Full Time

Microsoft is on a journey to reinvent productivity. This is your opportunity to help empower billions to achieve more. Your opportunity to be a Compensation & Benefits Consultant for India, Sri Lanka and Bangladesh . Your opportunity to collaborate with a business that is passionate about the power of people and technology, to achieve something unique. Your opportunity to have the reach, inspiration and the freedom to impact the world

Program Design and Adaptation

• Contributes to compensation programs by conducting analyses using market data and internal/external measures such as surveys and polls. Identifies opportunities and may make improvements to internal compensation analysis tools and methodologies.

• Acts as a subject matter expert on business needs and compliance requirements. Operationalizes complex legal guidance and analyzes competitive market data for compensation and benefits programs. Uses this insight to improve design.

• Creates materials to socialize proposed changes and receives approval from clients and management.

• Effectively partners with internal teams during the design process.

Program Implementation

• Responsible for the successful implementation of a compensation and benefits program.

• Effectively partners with, and integrates the plans and materials of other teams, before and during implementation.

Program Management

• Supports complex, high-risk projects and proactively consults with clients and partners as a subject matter expert. Recommends short- and long-term, compensation and benefits solutions to meet business needs.

• Responsible for running compensation and benefits programs. Ensures that the program supports the business and HR plans.

• Ensures operational compliance or alignment with Microsoft philosophy.

Supplier Selection and Management –

• Leads supplier selection and on-boarding for his or her own areas.

• Establishes supplier relationships and negotiates competitive service contracts that clearly define performance targets and deliverables.

Compensation Education & Consultation

• Develops onboarding and training materials to educate HR partners on compensation programs, policies, and practices.

• Provides answers for compensation questions of varying complexity and risk (e.g., Tier III escalations and above) from internal partners (e.g., HR Consulting, HRBP, Global Talent Acquisition). Makes recommendations to and coaches internal partners on compensation-related decisions, including regulatory implications and mitigation strategies.

• Gathers contextual information from internal partners. Identifies and provides customized solutions (e.g., retention, competitive offers) or consulting as necessary in order to understand the business need.

Responsibilities

Key Result Areas:

• Analyze compensation and benefit trends across India and make recommendations for modifying existing offerings or designing new proposals.

• Work with theglobal compensationto ensure the annual salary review budget planning will be aligned with the latest market status and talent movement trend.

• Work with theglobal benefitsteam and provide guidance onthe localprograms andactivities.

• Help Microsoft India to remain competitive on campuses by conducting through market research of compensation trends on campuses and making appropriate compensation recommendations

• Drive the annual insurance renewal cycle by negotiating contracts with insurance vendors and driving enrolment through the Flexible Benefits Program

• Review and address any point-in-time needs of the clients which may come in the form of off cycle compensation changes, leveling recommendations, custom market analysis etc.

• Continuously improve awareness and understanding of Microsoft reward philosophy and programs across the business HRBP, Staffing and Line Manager teams through delivery of on-boarding/ training sessions and development of reward communication tools

• Support HR Business Partners, Staffing Consultants and Line Managers across MS India on all C&B topics and ensure their alignment/compliance with prevailing Microsoft processes and governance frameworks

Qualifications

What you need?

• 10+ years of relevant HR Experience

• Excellent project management and the ability to work well in a team environment

• Excellent analytical skills

• Strong process orientation

• High degree of results-orientation and ability to execute while multitasking

• Ability to partner across HR to deliver effective compensation and benefits solutions for the business

• Ability to work across functions and influence stakeholders in other functions like Finance, Tax, Legal and Procurement and external vendors

• Demonstrated success at influencing peers and senior leaders from diverse cultural backgrounds

Microsoft is an equal opportunity employer. Consistent with applicable law, all qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship, color, family or medical care leave, gender identity or expression, genetic information, immigration status, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran or military status, race, ethnicity, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable local laws, regulations and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application process, read more about requesting accommodations (https://careers.microsoft.com/v2/global/en/accessibility.html) .