Milind Sable

Compensation & Benefits, PMS

• Overseeing employee compensation and benefits, compensation databases, and benchmark compensation.
• Review and update existing benefit and compensation-related policies, and ensure these comply with current legislation.
• Driving Annual/Mid-term Reward Exercise for the Bank.
• Design compensation packages and benefit programs in ways that will yield the highest value for the organization.
• Identify trends and implement new practices to engage and ring-fence employees.
• Preparing job descriptions, job analysis, job evaluations, and job classifications.
• Supporting in board meetings related to the agenda, drafting board notes, and preparing the board presentation.
• Tracking and monitoring overall ESOP management and compliance under regulatory bodies such as SEBI, RBI, etc.
• Responsible for the overall Performance Management Process, including goal setting and rating normalization.
• Develop delivery roadmaps and execution plans in partnership with HR business partners.
• Devising and implementing HR policies and processes.

HR Operations & HR Technology

• Institutionalizing the HR Scorecard practice, and thus contributing to strategy through metrics and measurement.
• Driving operational excellence through various processes, i.e., HR Operations, Payroll, HR Technology, and Compliance.
• Spearhead digitization, automation, and process improvement initiatives across all HR processes.
• HR System Implementation and Transition, i.e. PeopleSoft, Oracle HRMS, Adrenaline, RAMCO.
• Collaborating with the Compliance, Legal, and Secretarial departments for HR-based regulatory, legal, and compliance matters.
• Liaisoning with external and internal auditors, and handling RBI inspection; providing responses and addressing queries.
• Researching changes in rules and regulations, analyzing their effect, and reporting to management.
• Recruited, trained, mentored, and evaluated staff members in order to optimize their effectiveness.
• Act as a consultant and advisor for the HR team.