Sr. Manager, Total Rewards

8 - 12 years

0 Lacs

Posted:3 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Your work at Caterpillar Inc. plays a significant role in shaping the world. As part of a global team, you contribute not only to the tasks at hand but also to fostering a caring and collaborative environment. At Caterpillar, you are an essential component in the creation of stronger, more sustainable communities, embodying the values of progress and innovation. Together, with customers and colleagues, you are actively building a better world for all to thrive in. As the Senior Manager of Total Rewards within the Global COE at Caterpillar, your primary responsibility is to provide Total Rewards services to internal global customers. This encompasses Annual Compensation Planning, Global Survey Submissions process, Competitive Compensation Studies, and Workday related Compensation practices. You serve as a functional expert in Compensation, overseeing a team of Total Rewards Partners and Senior Partners. Leveraging digital tools, you aim to drive efficiencies, standardize processes globally, maintain consistent practices, and ensure effective stakeholder management. Leading projects and tackling complex Total Reward challenges are also integral aspects of your role. Your key responsibilities include: - Ensuring Compensation Competitiveness to enhance recruitment and retention capabilities - Reviewing existing programs and proposing modifications or designing new programs to align with competitive market positions and business objectives - Leading the design and implementation of Annual Compensation Planning, including project management, communication, change management, and vendor management - Managing relationships with Consultants such as Mercer, Aon, WTW, overseeing contract negotiations, service metrics, and timely deliverables - Collaborating with regional stakeholders and global process owners to implement and govern standard practices - Driving global Total Reward practices to enhance efficiencies in alignment with business needs - Leading the Annual Compensation budgeting process and collaborating with internal teams like accounting for timely submissions - Supporting/Leading special compensation-related studies Key requirements for the role include: - Strong knowledge of Compensation Management, including structure, regulations, design, implementation, and evaluation of compensation programs - Proficiency in Analytical Thinking to identify root causes of organizational problems and devise effective solutions - Skill in Influencing tactics and strategies to impact decisions both within and outside the organization - Ability to manage Multiple Priorities effectively, prioritizing and allocating time judiciously - Experience in Program Management, planning, organizing, monitoring, and controlling related projects within a program - Interpersonal Relationship skills, enabling constructive and collaborative interactions with various individuals and groups A Bachelor's degree or equivalent experience is desired for this role. The preferred location is Bangalore, India, with no remote work option available. The role may entail travel up to 10%, and domestic relocation is feasible. Join Caterpillar, an Equal Opportunity Employer, and be part of a team that is committed to creating a better world through innovation and collaboration. If you are not ready to apply, consider joining our Talent Community to stay connected with future opportunities.,

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