RITIKA KHANDELWAL
HR Profession
New Delhi
Summary
Results-driven Compensation & Benefits Manager with a proven track record in optimizing total rewards strategies for organizational success. Adept at designing and implementing impactful compensation structures, benefits programs, and talent management initiatives. Skilled in data-driven decision-making, I excel in creating a positive feedback culture and fostering employee engagement. Demonstrated success in improving retention through innovative total rewards programs. Collaborative leader with a passion for driving performance excellence and continuous learning. Seeking to leverage expertise in a dynamic role where I can contribute to a thriving workplace and enhance the overall employee experience.
Overview
6
6
years of professional experience
6
6
years of post-secondary education
Work History
Compensation Specialist
VE Commercial Vehicles Ltd
01.2023 - Current
- Conducted annual salary reviews to maintain competitiveness in the market and retain top performers within the organization.
- Reduced turnover rates by conducting regular surveys and addressing employee concerns regarding pay equity.
- Managed various compensation projects such as salary structure development, incentive plan design, and executive compensation analysis.
- Analyzed data from internal sources and external benchmarks to continually assess the effectiveness of current compensation strategies.
- Administered annual merit increase process by working closely with department heads to determine appropriate adjustments based on individual performance evaluations.
- Enhanced employee retention rates by conducting detailed compensation analyses and recommending competitive salary adjustments.
- Developed effective communication materials to educate employees on their benefit options, fostering informed decision making.
- Developed tools for tracking employee performance metrics, enabling more informed talent management decisions over time.
- Increased employee engagement levels by designing and executing effective communication strategies.
- Managed high-potential employee programs, providing targeted development opportunities for top performers.
- Developed comprehensive succession plans for key positions, ensuring organizational continuity and stability.
- Streamlined the performance review process, promoting ongoing feedback and development opportunities for employees.
Deputy Manager: Human Resources
Mahindra & Mahindra Financial Services Limited
05.2018 - 12.2022
- Assist in all HR related activities and fulfill business requirements for region - Handling Recruitment, Onboarding, Employee Engagement, PMS, Employee Life Cycle & CSR
- Ensure adequate manpower onboard within stipulated timelines and smooth onboarding
- Be the first point of contact for all employee grievances and partner with the Managers in conducting necessary investigations
- Provide MIS support for Attrition analysis, includes- analyzing Exit interview, observe trends and highlight important aspects, prepare and publish results
- Adherence to governance of confirmation, transfer, attendance & F&F as per quality procedure and process
- Execute all employee engagement and welfare activities in the region as per monthly plan
- Ensure timely closure of Performance Improvement Plan
- Tracking various initiatives and ensuring quality through MIS.
Intern: Talent Acquisition
Mahindra & Mahindra Financial Services Limited
- Conducted job analysis for PAN India employees
- Defined unique roles from initial 150 to refined 309 roles
- Drafted and validated job descriptions for 309 unique roles.
Intern: Recruitment and Screening
Dewan Consultants
- Created a candidate pool using different sourcing methods
- Initial screening of candidates based on job description.
Education
PGDM in Human Resources - Human Resources Management
IMT HYDERABAD
Hyderabad 06.2016 - 02.2018
BA(Hons) in Psychology -
Gargi College
New Delhi 06.2013 - 05.2016
XII (HSC) -
St. Xaviers Sr. Sec. School
New Delhi 01.2012 - 03.2013
Skills
Budget Planning
undefinedPersonal Information
Date of Birth: 05/07/95
Awards
- PGDM Batch Topper 2018
- Distinguished Achievement Award 2018
- Best Internship Project 2017
Extracurricular Activities
Speaker at 5th Awanish Kumar Dev Lecture organised by Maruti Suzuki Coordinator of Student Activity Cell (2017-18) of IMT-H POC of Synergy, HR club of IMT-H (2017-18) Member of Academic Council (2017-18) of IMT-H Member of Student Council (2017-18) of IMT-H Member of Alumni Relations Committee of IMT-H (2017-18) Member of PAHEL, social club of IMT-H (2017-18)
Projects
Research paper on "Resilience among orphaned adolescents", IAPP, 2015
Timeline
Compensation Specialist
VE Commercial Vehicles Ltd
01.2023 - Current
Deputy Manager: Human Resources
Mahindra & Mahindra Financial Services Limited
05.2018 - 12.2022
PGDM in Human Resources - Human Resources Management
IMT HYDERABAD
06.2016 - 02.2018
BA(Hons) in Psychology -
Gargi College
06.2013 - 05.2016
XII (HSC) -
St. Xaviers Sr. Sec. School
01.2012 - 03.2013
Intern: Talent Acquisition
Mahindra & Mahindra Financial Services Limited
Intern: Recruitment and Screening
Dewan Consultants
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