Hemanth R Email & Phone Number

Brussels Region, Belgium

Brussels Region, Belgium

 Managing annual salary review process & Variable pay process for all business units. Managing & reviewing the pay budgeting process for all business units in accordance with the guidelines set by the group. Supporting & coordinating performance review process of senior leadership in consultation with the group CHRO Managing share grants for senior executives, which includes coordinating with the business leaders, validation & consolidation for review with group CHRO. Participate in compensation and labor market surveys to determine prevailing pay rates and benefits. Preparing KPI letters for VP's in accordance with the group guidelines. Participating in various global compensation related projects. Assisting Global leadership team in preparing ad hoc reports when required

Bengaluru, Karnataka, India

 Supporting annual salary review & Variable pay process for a global business unit which includes calculating, consolidating and reporting. Managing & reviewing the pay budgeting process for a global business unit in accordance with the guidelines set by the group. Calculating variable pay cost accrual on monthly basis for forecasting purpose in consultation with global finance. Working on business performance on monthly basis in consultation with finance and reporting the same to the senior leadership and CHRO enabling them to make business decisions. Rolling out Compensation, Variable Pay pay-out and Promotion Letters.

Bangalore

1. Global Salary Review and STIP (Variable Pay) Payout Project Management of Annual Salary review and Variable Pay. Bonus calculation and payouts including identifying employees eligible for increments & Bonus based on the guidelines set. Partner with HR BP’s on compensation issues and work on variety of special compensation related projects as needed. Participating in Benchmarking exercise in partnering with Aon Hewitt. Preparing offline salary increment letters as and when required. Publishing tableau dashboard on compensation to the business.  Develop clear communication to the business in relation to compensation matters. Handle compensation data and reporting. Manage data reconciliation to ensure right compensation is processed in the tool. Handle Audits. Preparing and releasing year on year Total rewards Statements.2. WESOP (World Employee Stock options Plan) Management. Monitoring and administration of employee shares. Managing annual WESOP campaigns which involves coordination with the Global WESOP team and communication to the employees. Act as a country correspondent to the employees in all WESOP related queries. Assisting the employees in redemption of shares for both active and resigned employees. Have handled WESOP election which happens once in 5 years.3. LTIP (Performance Shares) Management Monitoring and administration of employee performance shares. Rolling out letters to the employees on the Vesting of shares and tax impact arising out of the same. Calculation of tax and incorporating the same in Payroll.4. Digitization Projects Responsible for monitoring the compensation interface between Schneider and Payroll vendor in coordination with Schneider Digital Team. Regular data governance is conducted in order to ensure right information flow to Payroll system.

Bengaluru Area, India

Payroll Management and Accounting: Managing payroll operations for 9000 employees and serving as a single point of contact for all payroll related queries. Ensure that month end payroll processing is carried out timely and accurately every month and verified for correctness. Head Count and Gross to Gross reconciliations are carried out effectively with proper clarifications for variance. Collating the payroll inputs received from different resources and validate the same for correctness. Validating draft salary register against the inputs furnished before finalizing. Responsible for processing full and final settlement and ensuring the same is paid within TAT. Preparing MIS reports. (F&F Tracker, Retention Bonus Reports). Preparing salary revision letters. Working closely with HR – Business partners on all payroll related issues and ensured that the best services are delivered without any escalations. Handling payroll queries over call, mail and in person effectively to deliver smooth payroll processing. Journal Voucher Posting in the books of accounts. SL & GL Reconciliation. Monthly provision creation. Managed KIC (Key Internal Controls) Audit efficiently.Compensation and Benefits Management: Performance Bonus Computation for the employees. Benefits administration like company car lease and various retention plans. Employee’s salary advance management. Preparing total reward statement periodically as per management requirement.

Bangalore

Payroll and Compensation Management, Employee Life Cycle Management and Employee Relations

Bengaluru Area, India

 Responsible for preparing and solely managing payroll for 2500 employees outsourced to clients in different locations who are under Teamlease roles. Preparing the invoice and dispatching the same to the clients. Coordinating with the client to collect the attendance details (Leave, LOP, Incentives, other payouts) and finally collating the details and preparing salary statement.  Work closely with, provide support to payroll team; Plan, prioritize the activities of payroll department in completing day-to-day work assignments within the payroll functional areas and examine the work for accuracy, timeliness and conformance to policies and procedures. Establish payroll deadlines and ensure the deadlines are met in line with laid down policies. Ensure that month end payroll processing are carried out timely and accurately every month and related reports are produced, verified for correctness, rectifications are made and forwarded to appropriate departments. Develop strong working partnership with HR, Administration, Finance and local staff members. Responsible for systematic and up to date record keeping in relation to employee payroll files. Participating in the development, implementation and communication on payroll procedures. Participating in planning, design, development, tests and implementations of new systems or system enhancements. Following up with the client for payment in order to ensure that the salaries are released on time to the employees. Handling queries of the clients in order to deliver smooth payroll processing. Responsible for maintaining leave records of the employees. Preparing daily and weekly reports and submitting the same to the respective team.

Bengaluru Area, India

 Preparing salary statement for 2800 employees using payroll software.  Managing all aspects of payroll administration for all the employees. Evaluate, Identify and correct Payroll issues. Making necessary deductions (PF,ESI and PT). Maintaining attendance records of employees. Maintaining ESI and PF records. Dealing with full and final settlement of employees. Rolling out offer letters and relieving letters. Updating employees details in HRIS (Human Resources Information System).

Master Of Business Administration (M.B.A.), Human Resources Management/Personnel Administration, General

Bachelor Of Science (Bsc), Microbiology