About the Team
As the HR team, we play a key role in getting onboard the right talent to make Meesho India’s preferred shopping destination. We continuously hunt for the best practices across the globe to take our people-practices to the next level. As Compensation & Benefits (C&B) Analyst, you’ll join us in making data-backed decisions to make Meesho the most sought-after place to work.
We closely work with the Meesho leadership team to understand business objectives and finetune our processes, aligning our decisions with company goals.
As the HR team, we know how important it is to maintain a work-life balance. We have regular 1-1s, timely rewards and recognitions and monthly outings, where we all talk about everything apart from work. With us, you can be sure of finding an environment that’s both – professionally enriching as well as fun!
About the Role
As a part of the Total Rewards Team, you will contribute to the design and implementation of Meesho’s Total Rewards Philosophy : Cash & Equity based compensation and administration of employee benefits and wellness. You’ll assess personnel needs pertaining to Total Rewards and draft targeted programs that will enable our high performance work culture, and provide exceptional employee experience. In this role, you will collaborate extensively with our Talent Acquisition Team, HRBPs and business leaders. You will also help in resolving talent concerns besides creating awareness and communication on Total Rewards programs.
What you will do
- Liaise with the Talent Acquisition Team, HRBPs and Business Leaders to effectively communicate Total Rewards frameworks, guidelines, and identify and solve specific problems pertaining to the same.
- Make data-backed recommendations for current compensation positioning, new hire salaries, and pay.increases, ensure internal pay parity, transparency and external market competitiveness.
- Study industry best practices through extensive benchmarking and networking and present insights to improve our own processes.
- Participate in compensation surveys to determine the company's overall competitive position and analyze data to develop appropriate pay ranges.
- Conduct Annual Budgeting for People cost, create frameworks for pay increases and ensure their effective implementation.
- Understand and analyze Equity compensation data and create frameworks for budgeting and distribution of Equity grants to employees along with management of Equity pool data & systems.
- Design processes for IPO related equity programsDrive wellness initiatives based on the needs of employees and manage negotiations with benefit vendors, analyze cost impact, and present proposals to internal stakeholders.
What you will need
- 2+ years of work experience in Total Rewards roles, preferably in the e-commerce space and fast growing Pre IPO Indian Startups
- Excellent MS Office skills (MS Excel, MS PowerPoint) Excellent data analysis skills, and data driven problem solving
- Experience in Compensation Survey participation, Implementation of Annual Increments and People Cost BudgetingExperience in administration of Benefits and vendor management
- Experience with Equity based compensation programs
- Exposure to Compensation and Equity Management Tools
- Excellent communication skills and creative thinking abilities
About us
Welcome to Meesho, where every story begins with a spark of inspiration and a dash of entrepreneurial spirit. We're not just a platform; we're your partner in turning dreams into realities.
Our Mission
Democratising internet commerce for everyone- Meesho (Meri shop) started with a single idea in mind -to be an e-commerce destination for the next billion Indian consumers and enable 100 million small businesses to succeed online. We provide sellers with a range of industry-first benefits such as zero commission and the lowest shipping cost. Over 1.75 million sellers are registered on Meesho, growing their business by tapping the company’s massive customer base, state-of-the-art tech infrastructure, pan-India logistics at the lowest cost through third-party logistics providers in an 'Everyday Lowest Cost' channel for sellers. Affordable, relatable merchandise mirroring local markets has helped us make inroads with first-time internet users in the country. We cater to an underserved and unique customer base and cover every serviceable pincode in the country. Our unique business model and continuous innovation has enabled us to become the first Indian horizontal E-commerce company.
Culture and Total Rewards
Our focus is on cultivating a dynamic workplace characterized by high impact and performance excellence. We prioritize a people-centric culture, dedicated to hiring and developing exceptional talent. Total rewards at Meesho comprises of a comprehensive set of elements - monetary, non monetary, tangible and intangible in nature. Our 11 guiding principles, or "Mantras," are the backbone of how we operate - influencing everything from recognition and evaluation to growth discussions. Daily rituals & processes like “Reflections”, “Listen or Die” , Internal Mobility Program, Talent Reviews, Continuous Performance Management - all embody these principles.
We provide market leading compensation - both cash and equity-based - specific to job roles, individual experience and skill along with our employee centric benefits and work environment. We focus extensively on holistic wellness - through our MeeCare Program - encompassing benefits and policies across physical, mental, financial, and social wellness aspects. This includes extensive medical insurance benefits for employees and their families, wellness initiatives like telehealth, wellness events, and gym & recreational discounts etc. To support work-life balance, we provide generous leave policies, parental support benefits, retirement benefits, and learning and development assistance. Through gratitude for stretched work, personalized gifts, engagement & fun at work - we promote employee delight at the workplace. Many other benefits such as salary advance support, relocation assistance, and flexible benefits plans further enrich the Meesho employee experience.
