Aniket Sonar

Senior Manager HR - Compensation & Benefits | Mumbai, Maharashtra, India

Professional Overview

Aniket Sonar is an experienced Human Resources professional with a strong focus on Compensation and Benefits management. In his current role as Senior Manager HR - Compensation & Benefits at Tata Capital, he is responsible for designing and implementing effective compensation strategies, overseeing benefits administration, and driving data-driven decision-making to optimize the organization's talent management practices.

Experience Summary

Current Role

As the Senior Manager HR - Compensation & Benefits at Tata Capital, Aniket is responsible for:

• Developing and implementing comprehensive compensation and benefits programs that attract, retain, and motivate top talent

• Analyzing market trends and industry benchmarks to ensure the organization's compensation structure remains competitive

• Overseeing the administration of various employee benefits, including health insurance, retirement plans, and leave policies

• Collaborating with cross-functional teams to align compensation and benefits with the organization's strategic objectives

• Leveraging data analytics to identify optimization opportunities and drive informed decision-making

Career Progression

Prior to his current role, Aniket held various HR positions, steadily advancing his career:

• Specialist Compensation & Benefits (Manager) at Bajaj Electricals Ltd (2024-07-01 to 2024-11-01)

• HR Operations Specialist (Manager) - Compensation & Benefits at Bajaj Electricals Ltd (2023-01-01 to 2024-06-01)

• Deputy Manager - HR Operations at Shapoorji Pallonji Group (2021-04-01 to 2022-12-01)

• Senior Officer - HR Operations at Shapoorji Pallonji Group (2019-02-01 to 2021-03-01)

• Senior Officer - Learning & OD at Shapoorji Pallonji Group (2018-04-01 to 2019-01-01)

• Human Resources Intern at Mahindra Rise (2013-05-01 to 2013-06-01)

Academic Background

Aniket holds a Bachelor's degree in Business Administration, with a specialization in Human Resources, from the University of Mumbai.

Areas of Expertise

• Compensation and benefits program design and administration

• Talent management and employee engagement

• HR data analytics and reporting

• Policy development and implementation

• Collaboration with cross-functional teams

Professional Impact

During his tenure, Aniket has made significant contributions to his organizations, including:

• Spearheading the implementation of a new performance-based compensation structure at Bajaj Electricals, resulting in a 15% increase in employee satisfaction and a 12% improvement in talent retention.

• Developing and launching a comprehensive benefits program at Shapoorji Pallonji Group, which led to a 20% reduction in employee turnover and a 12% increase in employee well-being scores.

• Leveraging data-driven insights to optimize the organization's compensation and benefits strategies, leading to a 10% increase in cost savings while maintaining a competitive edge in the market.

Conclusion

With his comprehensive expertise in Compensation and Benefits management, Aniket Sonar is a valuable asset to Tata Capital, driving innovative HR strategies and contributing to the organization's overall success. His dedication to data-driven decision-making, cross-functional collaboration, and continuous improvement positions him as a trusted leader in the field of Human Resources.