- Job Title: Analyst, Compensation
- Company: Western Union
- Degree: Human Resources, Business Administration, or related field
- Location: Pune, Maharashtra, India
- Experience: 2-4 years of HR experience, ideally in compensation program support
- Employment Type: Full-time
- Salary: ₹8-12 lakhs per annum (based on experience), with additional benefits including Provident Fund, Gratuity, Health Insurance, and more
Western Union is Hiring: Analyst, Compensation – Pune, India
Are you excited about working with important, personal records and applying your analytical skills in a globally diagnosed fintech organization? If so, you may be the right in shape for the position of Analyst, Compensation at Western Union in Pune, Maharashtra. This function plays a vital part in assisting the reimbursement programs across the Asia-Pacific (APAC) region, working alongside the Compensation team and HR business companions to assist control everyday operations that affect the broader enterprise. Join us in this interesting adventure, wherein your know-how will make contributions to the continuing success of our worldwide staff.
Western Union Powers Your Pursuit
At Western Union, we offer innovative and handy economic services to communities around the world. As an Analyst of compensation, you may assist the APAC vicinity, reporting to the Director of Regional Compensation, EMEA-APAC, and contribute to a dynamic group answerable for the success of Western Union’s worldwide repayment strategies. By making sure that our reimbursement programs are administered successfully and aligned with our worldwide compensation shape, you’ll help create a better future for our employees and the clients they serve.
Let’s dive into the precise obligations and qualifications required for this thrilling possibility.
Role Responsibilities
As an Analyst Compensation, you’ll be at the coronary heart of the HR operations team, which specializes in reimbursement control across the APAC area. Your everyday responsibilities will consist of:
- Job Benchmarking and Analysis:
Conduct activity benchmarking evaluation and activity critiques to ensure that repayment systems are aligned with the internal and external market. By reviewing activity matches and earnings statistics, you’ll ensure that income grades, ranges, and pricing are suitable based on internal and external fairness. Salary - Administration:
Provide a guide for the administration of salaries, making sure that reimbursement structures stay competitive in the market. You can be involved in handling salary adjustments and ensuring that those changes are communicated sincerely to HR groups and personnel. - Survey Participation and Analysis:
Prepare submissions for participation in outside income and reimbursement surveys to benchmark in opposition to enterprise standards. Analyze the outcomes of these surveys and provide insights on how Western Union can stay competitive. Additionally, you may play a function in assisting the enterprise marketplace survey submission process for the APAC vicinity. - Collaboration with HR and Talent Acquisition Teams:
Work intently with HR Business Partners (HRBP) and Talent Acquisition teams to provide recommendations on new hire offers, promotions, and marketplace changes. This collaboration guarantees that each one repayment selections are aligned with the general strategic targets of the corporation. - AnnualCompensationPlanning:
Assist with the management of the annual compensation planning cycle, together with 12 months-end reviews and bonus distribution. Your analytical insights will contribute to the equitable and efficient distribution of reimbursement throughout the business enterprise.Analyst Compensation - Research and Market Trends:
Conduct everyday market research to discover reimbursement tendencies and examine how Western Union can continue to provide aggressive pay. Provide hints for modifications to the compensation shape based totally on those findings. - Employee Support:
Serve as a key factor of touch for compensation-associated inquiries. Respond promptly and professionally to questions on earnings changes, making sure that personnel have a clean know-how of their compensation. - Onboarding and Orientation:
Participate in onboarding and new lease orientation sessions, supplying new personnel with information on Western Union’s repayment shape and guidelines. - Data Analysis and Reporting:
Provide an analytical guide for reimbursement programs, supplying insights into key metrics inclusive of earnings distribution, marketplace alignment, and employee retention. Generate reports to communicate those findings to management. - Policy Development:
Collaborate with HR and management teams to expand and talk about repayment-related rules and processes. Your insights will help to maintain transparency and fairness in compensation decisions. - Special Projects and Regional Initiatives:
You will also be tasked with running special compensation initiatives or helping nearby initiatives, assisting in increasing movement plans designed to attract, maintain, and praise employees.
Role Requirements
To thrive in this function, applicants have to bring the following qualifications and experience:
- Educational Background:
A diploma in Human Resources, Business Administration, or an associated area is required. - HR Experience:
A minimum of 2-four years of enjoy in HR, with a sturdy focus on the repayment program guide, is crucial. Candidates must be acquainted with the technical factors of compensation fundamentals, inclusive of earnings grading, benchmarking, and survey evaluation. - Technology Proficiency:
Experience working with an automated Human Resource Information System (HRIS), inclusive of Workday, is favored. You should also be gifted in Microsoft Office Suite, in particular in Excel, as it might be a key tool to your position. - Communication Skills:
Excellent written and verbal communication abilities are vital to bring compensation-associated statistics absolutely and efficiently to personnel and leadership. - Confidentiality and Discretion:
This position offers surprisingly exclusive and sensitive data, so the potential to deal with information with discretion is important. - Analytical and Problem-Solving Skills:
Strong analytical talents are critical for understanding compensation statistics and developments. You ought to be capable of following sound logic and reasoning to evaluate alternative answers and make tips. - Attention to Detail:
Precision and accuracy are vital in reimbursement management. Candidates must have a sturdy interest in detail to ensure correct information analysis and income management.
About Western Union
Western Union is one of the world’s maximum-diagnosed monetary offerings agencies, transforming lives and communities across the globe by presenting accessible and easy-to-use monetary products and services. From modest beginnings with four aircraft, we have grown into a global business enterprise with over 8,000 personnel, running in more than 2 hundred nations and territories. Our project is easy: to offer human beings the economic equipment they need to move ahead, whether or not in the form of money transfers, digital bills, or different modern offerings.Analyst Compensation
Western Union is devoted to growing a supportive and inclusive painting environment wherein each employee can thrive. We are proud to be a part of a diverse, consumer-centric group that constantly pushes the boundaries of monetary offerings.
Your Benefits at Western Union
At Western Union, we take satisfaction in offering competitive reimbursement applications and pretty a variety of blessings that resource our employees’ well-being and professional increase. Here’s a have a look at some of the India-specific benefits you may assume:
- Employees Provident Fund (EPF)
- Gratuity Payment
- Public Holidays
- Annual Leave, Sick Leave, and Maternity/Paternity Leave
- Annual Health Check-Up
- Hospitalization Insurance Coverage (Mediclaim)
- Group Life Insurance
- Group Personal Accident Insurance Coverage
- Business Travel Insurance
- Cab Facility
- Relocation Benefits
In addition, you may have been admitted to to hundreds of improvement platforms and schooling packages to help improve your career. Western Union encourages a getting-to-know mindset and values non-stop professional development.
Our Hybrid Work Model
Western Union values the electricity of individual collaboration, problem-solving, and innovation. We have carried out a Hybrid Work Model, permitting personnel to cut up their time between strolling from home and running from the workplace. For this position, you’ll be expected to paint from the office no longer much less than 3 days steady with week, imparting you with the flexibility to control your private and expert responsibilities whilst keeping strong connections along with your crew.Analyst Compensation
Commitment to Diversity and Inclusion
Western Union believes that diversity is crucial to our success. We are committed to fostering an inclusive lifestyle that celebrates the unique backgrounds and views of our worldwide institution at the same time as reflecting the groups we serve. We do not discriminate primarily based on race, coloration, country-wide basis, religion, political affiliation, sex, sexual orientation, gender identification, age, disability, marital recognition, or veteran reputation. Furthermore, Western Union is devoted to providing affordable inns at a few levels within the recruitment method for candidates with disabilities.
Join Us for What’s Next
If you’re obsessed with making a meaningful impact inside the international financial offerings, Western Union is the vicinity for you. As an Analyst in compensation, you will have the possibility to extend your capabilities and expand your profession at the same time as contributing to the destiny of a worldwide employer. We invite you to be a part of our adventure and help us build the destiny of economic services.
Ready to move ahead with us? Apply today and research more about how Western Union powers your pursuit.
How to Apply
- Click “Apply Now” at the venture listing.
- Redirect to our profession portal or companion internet page.
- Complete and put up the application form.
- Check your e-mail for affirmation and further commands.
