Manager - Compensation/Policies & Total Rewards
3 days ago
- Responsible for annual compensation revision exercise & performance bonus pay-out cycle.
- To create salary ranges in line with internal parity, external benchmarks, organizational pay philosophy, create credible salary ranges/pay bands for Function - Grade combination
- Drive industry benchmarking with emphasis on clear position benchmarking
- Design and execute Employees Rewards & Recognition program.
- Payroll management @ corporate level.
- Manpower and Salary Budgeting
- Compensation designing, Benchmarking, Job Evaluation and making of pay ranges
- Long service and other Awards/Rewards
- Conduct awareness session for new joiners on relevant policies and compensation structure.
PMS:
- Drive end to end Performance Management exercise. Derive an approach to drive quality and timely goal setting.
- Policy Management Review, Update and Standardize people policies
- Design and execute Innovative appraisal system & processes. Ensure Midyear and annual appraisals are conducted on time.
- Drive greater digitization in this area and ensure appropriate training for people managers, employees and SBU HR
- Knowledge of SAP (Success Factors) and MS Office (Excel, PPT & word).
- Develop Awareness among employees through training session via Business HR for entire PMS cycle.
- Run Simulation exercises to see distribution of ratings across BUs and functions.
Candidate Profile :
- The ideal candidate for this role will be a seasoned and highly qualified person with extensive experience in
- Managing Total Rewards/C&B Functions for a large global organization. The individual will need to have strong experience 8-15 years.
- S/he should have a strong executive presence, relationship building skills and an ability to make an impact with internal / external stakeholders.
Education and Experience Guidelines :
- Minimum Degree: MBA/PGDM with minimum 8-15 years.
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