Prabakar B

Prabakar B

Client Service Associate

Followers of Prabakar B2000 followers
location of Prabakar BBengaluru, Karnataka, India

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  • Timeline

  • About me

    Senior Director- Compensation & Benefits at C5i

  • Education

    • Government High School, Bagalur

      1996 - 2004
      SSLC SSLC

      Activities and Societies: swimming PUC

    • Government Boys College, Kolar

      2003 - 2005
      Bachelor of Commerce (B.Com.) Taxation

      Graduated with Honors in commerce

    • PG Center, Kolar

      2005 - 2007
      M Com - Master of Commerce Taxation
  • Experience

    • Crossdomain Solutions Pvt. Ltd.

      Oct 2007 - Feb 2009
      Client Service Associate

      India Payroll management: Process the accurate and timely processing of employee payrolls, considering factors such as salary, benefits, bonuses, deductions, and taxes. Ensure that all payments are made correctly, considering different pay cycles and payment methods

    • Honeywell Technology Solutions lab Pvt Ltd

      Feb 2009 - Oct 2010
      Payroll Administrator

      Global Payroll management: Ensure that employees across different countries are paid accurately and on time while complying with legal and regulatory requirements. Efficiently managing payroll processes and mitigating associated risks to ensure that all payments are made correctly, considering currency conversions and different payment methods/cycles

    • Misys Software Solutions India Pvt Ltd

      Oct 2010 - Jul 2011
      HR Operations Partner

      HR Process Management: Responsible for managing and streamlining various HR processes, including recruitment, onboarding, employee records management, payroll, benefits administration, performance management, and offboarding.Merger & Acquisition: Played a key role in the ALLSCRIPTS demerger project in managing the HR aspects of the demerger process and ensuring a smooth transition for employees and HR operations.

    • AXA Technologies Shared Services

      Aug 2011 - Jun 2014
      Senior Executive Human Resources

      Global HR Shared Services: Responsible for centralizing HR processes and services, streamlining them to ensure consistency and efficiency across various geographical locations.Employee Support: Serve as a primary point of contact for employees regarding HR-related inquiries, such as benefits, payroll, policies, and general HR questions and Provide timely and accurate information to employees and escalate issues as needed.HR Transactions Management: Handle HR transactions, including employee data management, onboarding, offboarding, leaves of absence, and other HR-related processes and ensure data accuracy and compliance with company policies and relevant regulations.Global HRIS Management: Manage the Global HRIS (Human Resources Information System), ensuring that employee data is up-to-date and accessible to relevant stakeholders across the organization.HR Reporting and Analytics: Generate and analyze HR metrics and reports to provide insights on workforce trends, employee engagement, turnover, and other relevant HR analytics. This data aids in making informed decisions for the organization's HR strategy.Collaboration and Communication: Work closely with HR teams, HR Business Partners, and other stakeholders in different regions to ensure smooth communication and collaboration on HR initiatives and projects.Adherence to Service Level Agreements (SLAs): Adhere to SLAs and metrics to deliver HR services within agreed-upon timelines and quality standards. Show less

    • Amicorp Management India Pvt Ltd

      Jun 2014 - Jul 2015
      Human Resources Specialist

      Played a crucial part in attracting and retaining talent, maintaining compliance, and optimizing the organization's compensation and benefits programs. Expertise in data analysis and HR practices helps organizations make informed decisions to support employee well-being and overall business success.Process the accurate and timely processing of employee payrolls, considering factors such as salary, benefits, bonuses, deductions, and taxes. Managing and administering employee benefit programs such as health insurance, retirement plans, and other perks to attract and retain talent.Staying up-to-date with labor laws and regulations to ensure the organization's compliance and adherence to legal requirements.Maintaining accurate and confidential employee data, compensation records, and benefits information in a secure and organized manner.Conduct internal audits of HR practices, including compensation and benefits processes, to identify areas for improvement and ensure compliance.Managing HR-related aspects during mergers and acquisitions, such as integrating compensation and benefits programs. Show less

    • C5i

      Jul 2015 - now
      Sr Director - Compensation & Benefits

      Compensation Management: Responsible for designing, implementing, and managing the organization's compensation structure. Conduct research and analysis to determine competitive salary ranges for various job positions, considering factors such as industry standards, job market trends, and internal equity. Also develop strategies for salary increases, bonuses, incentives, Commissions, and other forms of monetary rewards.Benefits Administration: Oversee the administration of employee benefits programs, which may include health insurance, retirement plans, paid time off, disability coverage, wellness programs, and more. Data Analysis and Reporting: Analyze compensation and benefits data to identify trends, evaluate the effectiveness of programs, and provide insights for decision-making. Prepare reports and presentations for management, offering recommendations for improvements or adjustments to compensation and benefits strategies.Labor Laws and Statutory Compliance: Stay updated with relevant laws, regulations, and labor market trends related to compensation and benefits. This includes compliance with minimum wage laws, overtime regulations, equal pay laws, tax regulations, and other legal requirements. Also ensure that the organization's compensation and benefits practices align with diversity, equity, and inclusion initiatives.Policy Governance: Contribute to the development and revision of compensation and benefits policies and procedures within the organization.Employee Cost Budgeting: Working with finance teams to develop and manage employee-related budgets, including compensation and benefits expenses.HR Audit Management: Conduct internal audits of HR practices, including compensation and benefits processes, to identify areas for improvement and ensure compliance.HR Merger and Acquisition Project Management: Managing HR-related aspects during mergers and acquisitions, such as integrating compensation and benefits programs. Show less

  • Licenses & Certifications