Senior Manager - Total Rewards

4 - 9 years

18 - 22 Lacs

Posted:5 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

 Overview 
Specialist team member delivering C&B Policies, Systems, Solutions and Projects in Total Reward as per COE guideline and business need.
  • Anchor and drive Comp & Benefits Benchmarking, Salary Planning, Sales incentive & ICM, ERC planning & management and any related TR design projects
  • Together with local HR and GCC team, deliver core TR policy and process execution
  • Connect with relevant stakeholders in the business and COEs to align on policy & processes to be delivered in the BU

  •  Responsibilities 
  • Responsible for Sales Incentive Design, Process, Sales Incentive tool Lead the agenda in partnership with HRBP, BU leadership team, Sector TR COE and India TR Lead. Ensure closure of design with all stakeholders. Leads communication & governance of sales incentive for sales frontline. Leads the work on GCS audit for sales incentive in partnership with Finance and Sales HR including identifying KCs, identifying process improvement opportunities.
  • Leads the execution of the Benchmarking process in partnership with GCC and for all surveys including compensation, benefits, salary increase surveys, etc.
  • Supports the TR lead on the Salary Planning process for India Region and ensures salary planning submission to & approvals received from sector in a timely manner. This will include preparation of merit model, equity correction model, LTI grants, salary ranges and any additional policy changes to be executed for all levels.
  • Offer fitment approvals and inter BU movement LOU requests. Actively partners with the sector team on executive hiring (preparing offers) & promotions including submission of ESR proposals. Actively participates in stakeholder engagements and query resolution on compensation including LTI administration.
  • Drive flawless execution in partnership with relevant stakeholders (like GCC and local HR) of all key compensation processes like Promotions, DM, Flexi Merit/IC, Flexi Allowance windows management.
  • Responsible for building the ERC AOP and quarterly forecasts including tracking monthly actuals in partnership with finance & payroll teams to drive monthly cadence.
  • Support the TR lead in executing the compensation & benefits strategy based on employee listening and to cater to the evolving external landscape as well as business priorities such a Labour Codes, TRO action plans etc.

  •  Qualifications 
    Qualifications
  • MBA in HR
  • 4+ years of experience in HR, preferable with relevant rewards experiences

  • Key Skills & Competencies
  • Good working knowledge of Total Rewards practices
  • Awareness of Industry Policies, Systems and Solutions
  • Interpersonal and Consultation skills
  • Strong Analytical and Spreadsheet/excel skills
  • Facilitation and Presentation Skills
  • Good Data Management skills and ethics
  • Strong working knowledge of HR/TR tools and process automation
  • Detail and Insights orientation Analyze detailed information and provides actionable insights
  • Execution excellence Strives for zero error execution
  • Makes the right trade-offs and balances resources to deliver results
  • Gathers complex or competing information from multiple internal as well as external sources and integrates the same for timely decision making
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