Specialist - Total Rewards

2 weeks ago


Chennai, Tamil Nadu, India Vivriti Capital Full time
Role - Specialist in Total RewardsAbout the Role and Team
  • Responsible for shaping and executing organization's Compensation & Benefits strategies for all entities and locations to foster high performance culture, employee retention, and talent attraction.
  • Work closely with Group Head, HR, Finance Compliance, and Business Strategy Teams to design and implement Total Rewards initiatives.
Key ResponsibilitiesCompensation and Benefits
  • Develop and communicate a Total Rewards Strategy aligned with organizational values.
  • Drive processes like Salary Increments, Bonus payouts, and ESOP Grants.
  • Design special Rewards programs for different job families to enhance engagement and retention.
  • Continuously evaluate and fine-tune C&B programs for optimal employee engagement.
  • Liaise with external agencies for market assessments and benchmarking.
  • Review and introduce new employee benefits to enhance team effectiveness.
Talent Operations
  • Collaborate with HR Operations Team for connected processes.
  • Ensure compliance of all compensation and benefits programs with legal requirements.
  • Prepare and present reports on C&B metrics to senior management.
  • Assist in audits and ensure accurate record-keeping of compensation data.
  • Administer C&B programs and activities accurately.
  • Develop transparent communication strategies to educate employees about compensation structures.
Workforce Management and People Analytics
  • Develop and maintain Headcount and Cost strategy in collaboration with HR and business leaders.
  • Design and implement innovative rewards programs in line with People Analytics roadmap.
  • Track market trends and provide insights on a regular basis.
Experience and Skills Required
  • MBA from Tier 1 or Tier 2 institute with HR specialization.
  • 3-8 years of Total Rewards experience.
  • Strong knowledge of compensation tools and administration.
  • Ability to work independently and with cross-functional teams.
  • High analytical capability and proficiency in MS Excel.
Behavioral Characteristics
  • Willingness to go above and beyond.
  • Ability to work in high-pressure environments and manage multiple priorities.
  • Stay resilient and exhibit extraordinary work ethic.
This role involves 30% travel.Job Location: ChennaiWork Mode: Office-basedWhy Join Us?Vivriti is a dynamic institution striving for progress in the enterprise finance space. Join us to be part of a high-energy team shaping the Indian debt market.We offer aggressive Rewards and Benefits including ESOPs for long term wealth creation.We prioritize employee development through programs and allowances.Our Benefits include Medical Care, Insurance, Interest-free Loans, and a fun-filled work environment.

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