Manager, Compensation & Benefits in Chennai at PayPal

Date Posted: 4/17/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Chennai
  • Job Type:
    Compensation
  • Experience:
    Not Specified
  • Date Posted:
    4/17/2018
  • Job ID:
    R0031128

Job Description

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 210 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

Reporting to the Director, Rewards, Asia Pacific, this newly created role will play a crucial role supporting PayPal’s APAC business units and be part of wider global Compensation and Benefits teams.

Working with People Business Partners, Centers of Expertise and Shared Services partners, the position will drive progressive initiatives covering all of PayPal’s C&B programs including: base pay, benefits, incentives and equity.

Primary Responsibilities include:

  • Understand PayPal’s businesses and markets in the region
  • Act as a C&B business partner, counselor to regional HR and management by providing detailed analysis/models, expert advice and innovative recommendations
  • Implement communication initiatives to ensure appropriate understanding of C&B programs among HR colleagues, business leaders, people managers and employees
  • Identify opportunities to improve C&B programs - diagnose gaps between current and desired states and deploy actions to resolve those gaps, shaping the decision-making process and influencing stakeholders as appropriate
  • Work with the global C&B teams to balance local, regional and industry norms within the generally consistent global C&B framework
  • Lead C&B change projects of moderate complexity, designing and socializing changes which help support strategic business plans and strategies
  • Conduct competitive benchmarking analysis across the region ensuring alignment with corporate strategies/philosophies and legal requirements, participating in and analyzing C&B surveys as necessary
  • Establish processes and mechanisms to administer statutory and voluntary benefit programs in conjunction with external vendors, payroll and HR and periodically audit administration to ensure accuracy
  • Support external vendor selection and management ensuring the best possible service / price ratio for PayPal’s C&B programs and managing vendor relationships to ensure smooth plan changes and efficient ongoing administration
  • Support the annual bonus, salary and equity planning cycles within the region
  • Support the Talent Acquisition team with job requisitions and offer escalations

Job requirements

  • A smart, motivated, self-starter, who has an appetite to make an impact on PayPal’s APAC  businesses by delivering high quality C&B initiatives and support.
  • Bachelor’s degree in numerate discipline – preferably with post-graduate qualification in business or HR-related field
  • 6-8 Years of C&B work experience gained within progressive organizations – preferably with experience of related industries (high tech, financial services, consumer products, etc.)
  • Strong analytical and problem solving skills including advanced Excel / modeling skills
  • Open, honest and results-oriented communication style - able to effectively and credibly interact with stakeholders at all levels including: HRBPs; business leaders; employees; and external vendors
  • Confident presentation and facilitation skills
  • Demonstrated project management expertise
  • Culturally sensitive and internationally aware, including awareness of relevant legal frameworks
  • High level of personal integrity and comfortable operating with ambiguity - capable of balancing good governance with high quality client service
  • Pragmatic solution-finder who is willing to challenge the status quo
  • Adaptable and comfortable shifting between high-level design/consulting work and analytical/operational work

We're a purpose-driven company whose beliefs are the foundation for how we conduct business every day. We hold ourselves to our One Team Behaviors which demand that we hold the highest ethical standards, to empower an open and diverse workplace, and strive to treat everyone who is touched by our business with dignity and respect. Our employees challenge the status quo, ask questions, and find solutions. We want to break down barriers to financial empowerment. Join us as we change the way the world defines financial freedom.

PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities.

R0031128

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