Am I Being Underpaid? Seeking Advice on Salary Negotiation as the Sole HR Manager in My Company

Karmehnat
Hello Dear members, hope you all are doing well and staying safe. I am sharing my job and salary details below. I always feel I am underpaid. Please help me know whether my salary is as per the market standards. If not, please advise me on how to convey this to the company in a polite and firm manner.

I have been working for the organization for the past 6+ years, and the hike percentage is always very low.

Education and Experience

Education: MBA in HR, Six Sigma Black Belt
Designation: HR & Admin Manager
Experience: 9+ years
Location: Bangalore (Head Office in USA)
Number of employees: 50 (in Bangalore)
Current Gross Pay: Rs. 53,000/month (increment due March 1st, 2021, they are negotiating for a 10-15% hike)

The company is into staffing, and other than recruiters, I am the only HR in the organization handling all core activities single-handedly.

My Responsibilities

• Preparation, revision, and regularization of company HR policies and procedures.
• Follow up with clients for SOW, PO, and RAF generation.
• Conducting interviews with candidates, salary and notice period negotiation, and follow-up with candidates until they join the organization.
• Issuing offer letters and appointment letters.
• Onboarding & pre-joining of employees.
• Standardizing the joining formality process of new employees (Welcome circular, Introduction, Emp Code, ID Cards, Stationary, Bank Account, Time Sheet, etc.).
• Ensuring email IDs and other user access are created for new joiners.
• Maintaining employee records (soft and hard copies).
• Updating HR databases (e.g., new hires, separations, vacation, and sick leaves).
• Tracking the attendance and leaves of all staff as per organization requirements and communication.
• Processing payroll, which includes ensuring vacation and sick time, reimbursements, incentives, loans, and advances are tracked in the system.
• Payroll and related statutory compliances.
• Maintaining HR files and database.
• Performing file audits to ensure that all required employee documentation is collected and maintained.
• Termination and full & final settlements of employees, issuing relieving letters and experience certificates.
• Handling various issues/queries of employees and vendors regarding PF, TDS, Professional Tax, GST, etc.
• Handling employee complaints and grievances.
• Generating invoices.
• Preparing budget, costs, and expenses sheets every month.
• Staying on top of follow-ups for payables and receivables.
• Identifying, analyzing, and resolving problems as they may occur in the course of processing invoices.
• Communicating with clients, buyers, and management regarding discrepancies, if any, on invoices and purchase orders.
• Ensuring taxes, rents, and other bills are paid on time.
• Handling employee engagement, event management, inventory, and equipment purchase, etc.
• Liaising with external partners like insurance vendors, compliance and accounts teams, certification bodies, etc.
• Vendor Management.
• Other duties as assigned... There is much more to it.

Thank you.

Simran
Karmehnat
Dear member, your input will help me clear my confusion about whether to accept a 15% hike, negotiate, or leave the current organization. Looking forward to your replies.
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