The job holder will be responsible for compensation design and manage competitive practices that strengthen the organization's ability to attract and retain talent.
Responsibilities
Implement communication plan on Rewards programs including benefits.
Ensure compliance with all governmental regulations related to compensation and benefits programs.
Partner with HR Teams in different Business units and territories on rewards calendar and annual cycles of incentives and pay revision.
Support HR Leadership in the design, development, implementation, administration, and communication of our Compensation programs including Annual Incentive plans, short term & Long-term bonus plans, etc.
Serve as a subject matter expert on total rewards practices and act as the first point of contact on total rewards issues to be resolved in a timely manner.
Support the Rewards team in Remuneration Committee meeting preparation and implement the decisions taken by the committee.
Process fitment requests from different units for transferred employees and new hires wherever required.
Support participation in annual market survey by external agencies, conduct internal surveys on various topics as and when required.
Deliver HR analytics projects and streamline reporting needs to meet quality and timelines.
Support Rewards Team in Automation projects by liaising with the Technology team and also with the HR Shared Services team and other stakeholders as required.
Bring process efficiencies in everyday tasks to make them simpler and make information available easily to the stakeholders.
Knowledge, Skills & Experience
Post graduate degree/MBA in Human Resource from top business schools.
10-12+ years of work experience in designing & managing end to end compensation plans.
Excellent in critical thinking, problem solving, managing processes, collaboration, and stakeholder management.
Advanced knowledge of HR processes/policies (management development initiatives/ administration, Recruitment/ Expatriate Recruitment tools & Competency Based Hiring, Compensation modeling, Performance Management Systems and Models).
Strong oral and written communication and presentation skills.