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Bonus Lead
4 months ago
No Relocation Assistance Offered
# 160743 - Mumbai, Maharashtra, India
Who We Are
Colgate-Palmolive Company is a caring, innovative growth company that is reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, we sell our products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom’s of Maine, EltaMD, Filorga, Irish Spring, PCA SKIN, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Pet Nutrition.
We are recognized for our leadership and innovation in promoting sustainability and community wellbeing, including our achievements in decreasing plastic waste and promoting recyclability, saving water, conserving natural resources and improving children’s oral health.
If you want to work for a company that lives by their values, then give your career a reason to smile and join our global team
About Colgate-Palmolive
Do you want to come to work with a smile and leave with one as well? In between those smiles, your day consists of connecting with others across the world, full of stimulating discussions, and making impactful contributions
If this is how you see your career, Colgate is the place to be Our dependable household brands, dedicated employees, and sustainability commitments make us a company passionate about building a future to smile about for our employees, consumers, and surrounding communities. We win as a global organization by continually learning and collaborating. The pride in our brand fuels a workplace that encourages creative thinking, champion’s experimentation, and promotes authenticity which has contributed to our enduring success. If you want to work for a company that lives by their values, then give your career a reason to smile...every single day.
Who are you…
You are a Bonus Lead -
- Lead the end-to-end bonus calculation process for APAC & AEA regions, ensuring accuracy and compliance with company policies and local regulations.
- Develop and maintain robust bonus calculation models and tools.
- Review and approve bonus calculations prepared by the team, ensuring accuracy and timeliness.
- Address and resolve any discrepancies or issues related to bonus calculations.
- Manage the timely execution of bonus processes, including preparation of compensation offers, processing lateral movements and promotions, and bonus calculations.
You are a collaborator -
Stakeholder Collaboration
- Work closely with HR, Finance, and other relevant departments to ensure alignment and effective communication.
- Engage with Compensation COHRE (Communities of HR Expertise) and Business HR on an ongoing basis to ensure alignment.
- Prepare and present reports for Compensation COHRE for all phases of the compensation review and approval process.
- Interact and collaborate with all stakeholders and regularly schedule reviews with them to share statuses and improvement areas.
Team Leadership-
- Manage and mentor two direct reports, providing guidance, support, and development opportunities.
- Set performance goals and conduct regular performance reviews.
- Foster a collaborative and high-performance team environment.
You are an innovator -
System Implementation and Enhancement
- Lead the implementation of bonus calculation systems and tools, ensuring they meet the needs of the organization.
- Collaborate with IT and other relevant departments to design, test, and deploy system enhancements.
- Monitor system performance and identify opportunities for improvement.
- Provide training and support to users on bonus calculation systems and processes.
- Support the management and implementation of HR technologies including SAP and SuccessFactors.
Continuous Improvement:
- Identify and implement process improvements to enhance the efficiency and accuracy of bonus calculations.
- Stay updated on industry best practices and trends related to bonus management.
- Develop and maintain documentation for bonus calculation processes and systems.
- Conduct regular audits to ensure compliance with internal policies and external regulations.
- Validate policy compliance and accuracy.
You are data custodian and Compliance champion
Data Management and Compliance:
- Ensure the maintenance of accurate compensation and benefits data supporting bonus processes.
- Process compensation data changes in HR systems related to the bonus process, including relevant documentation.
- Audit completed transactions and ensure all vital documents and approvals are received and information is accurately entered into compensation systems.
- Research, analyze, and resolve compensation issues or inquiries by CBS HR.
- Run incentive plan modeling reports and send to Compensation COHRE for approval.
What experience and knowledge will you bring?
Education/Experience Requirements:
- Minimum of 4+ years of HR experience, with at least 4 years in Compensation (Salary and Bonus).
- Working knowledge of general HR processes.
- MBA / PGD in HR preferred.
- Experience with SuccessFactors Compensation and Variable Pay modules and SAP is highly desirable.
Skills and Competencies:
- Ability to consistently deliver high-quality customer service in a professional manner with attention to detail.
- Strong verbal and written communication skills in English.
- Subject expertise in compensation processes and policies.
- Strong organizational and problem-solving skills.
- Working knowledge of HR Service Center operations.
- Ability to analyze and synthesize compensation data.
- Effective prioritization, follow-up skills, and the ability to escalate issues when necessary.
- Ability to follow standard operating procedures.
- Ability to handle confidential and sensitive information.
- This is not a comprehensive list of duties or functions. The role may require additional responsibilities as needed to support the organization's goals.
Our Commitment to Sustainability
With the Colgate brand in more homes than any other, we are presented with great opportunities and new challenges as we work to integrate sustainability into all aspects of our business and create positive social impact. We are determined to position ourselves for further growth as we act on our 2025 Sustainability & Social Impact Strategy.
Our Commitment to Diversity, Equity & Inclusion
Achieving our purpose starts with our people — ensuring our workforce represents the people and communities we serve —and creating an environment where our people feel they belong; where we can be our authentic selves, feel treated with respect and have the support of leadership to impact the business in a meaningful way.
Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.
Reasonable accommodation during the application process is available for persons with disabilities. Please contact Application_Accommodation@colpal.com with the subject "Accommodation Request" should you require accommodation.
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