Compensation & Benefits Specialist
Booking Holdings (NASDAQ: BKNG)
Location
Bangalore | India
Job description
Company Intro
Booking Holdings India is a Center of Excellence based in Bangalore, India and was created to support the increasing business demands of the Booking Holdings Brands. The Center of Excellence provides access to specialized and highly skilled talent, leading industry best practices, and collaboration opportunities across all of our Brands
Booking Holdings (NASDAQ: BKNG) is the world leader in online travel and related services, provided to customers and partners in over 220 countries and territories through six primary consumer-facing brands - Booking.com, KAYAK, priceline, agoda.com, Rentalcars.com, and OpenTable. The mission of Booking Holdings is to make it easier for everyone to experience the world.
Job Overview The Compensation and Benefits Specialist will play a key part in shaping the total rewards strategy for the India COE. The role holder will be responsible for developing and administering competitive compensation and benefits programs that support the company's overall business objectives and talent goals. The role holder will work closely with various departments, including HR leadership, managers, and employees, to ensure that the rewards offerings are fair, compliant, sustainable and provides the best working experience to all colleagues and stakeholders at the BHI India COE
Key Responsibilities Responsibilities and Duties -- Leverage the currently deployed job architecture to classify new roles to the best-fit job families and career levels
- Refer to market data and analyze internal & external total rewards trends to define competitive pay ranges across roles
- Independently lead benefits operations, manage end to end vendor life cycle from identifying best-fit external partners to ensuring robust periodic reviews with vendors to evaluate ROI of the existing relationship
- Support design and roll-out of new compensation and benefits programs in alignment with company needs and market trends
- Drive communication with employees and managers to build greater awareness across total rewards offerings, conduct regular sessions and support addressing employee concerns.
- Manage roll-out of key Rewards cycle activities like insurance renewal and annual merit cycle
- Prepare periodic dashboards and leadership reports to track progress against annual Total Rewards priorities
- Drive continuous process improvements to ensure efficient Total Rewards service delivery
- Stay up-to-date on relevant laws and regulations, ensuring compliance with central, state, and local requirements.
Communication Internal Stakeholders (E.g. Employees of Booking Holdings and its subsidiaries) Type Cooperation Persuasion Information Frequency Continuous (daily or a several times a day) Frequent (about once a week) Occasionally (once or twice a month or less) Compensation & Benefits Manager Cooperation
Continuous
HR Business Partners
Cooperation & Persuasion
Frequent
Employees
Persuasion and Information
Continuous
External Stakeholders (E.g. External clients, vendors, governments, etc.) Type Cooperation Persuasion Information Frequency Continuous (daily or a several times a day) Frequent (about once a week) Occasionally (once or twice a month or less) Vendors
Persuasion
Frequently
Knowledge And Skills Qualifications Required Knowledge Place an X in the shaded boxes that are required to perform the principal duties and responsibilities of this position Bachelor's degree in business management, HR (MBA preferred)
Bachelor's Degree
Master's Degree (preferred)
Years of Relevant Job Knowledge Place an X in the shaded boxes that are required to perform the principal duties and responsibilities of this position Advanced job knowledge (5-8years)
Knowledge Skills & Abilities List knowledge, skills and abilities that are required to successfully perform the broad responsibilities of this job - Bachelor's degree in business management, HR (MBA preferred)
- 6+ years of experience in HR function, at least 4 years of experience in Compensation Management
- Expertise in executing programs or initiatives independently. Self starter with a creative and learning mindset.
- Experience in project management and budgeting
- Ability to build partnerships and working relationships with multiple stakeholders across regions.
- Excellent communication, influencing, presentation and project management skills
About BKNG Booking Holdings is the world leader in online travel & related services. Our teams work around the clock to build and improve the technology that empowers people to more freely travel across borders, time zones, languages and cultures. At Booking Holdings, we make it easier for everyone to experience the world every day through seamless technology powered by our six major brands:
- Booking.com
- KAYAK
- priceline
- agoda
- Rentalcars.com
- OpenTable
Through the Booking Holdings brands, we help our customers reach all corners of the earth. Our ability to provide great service rests on how well we understand our diverse customer base, which is why having a
There are a variety of factors that go into determining a salary range, including but not limited to external market benchmark data, geographic location, and years of experience sought/required. In addition to a competitive base salary, roles are eligible to be considered for an annual bonus.
Booking Holdings is proud to be an equal opportunity workplace and is an affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. We strive to move well beyond traditional equal opportunity and work to create an environment that allows everyone to thrive.
Pre-Employment Screening If your application is successful, your personal data may be used for a pre-employment screening check by a third party as permitted by applicable law. Depending on the vacancy and applicable law, a pre-employment screening may include employment history, education and other information (such as media information) that may be necessary for determining your qualifications and suitability for the position.
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