Lead Compensation

3 days ago


New Delhi, India Taggd Full time

Role Purpose - The role holder enables attraction, engagement and retention of right talent for business needs, by designing and implementing remuneration & rewards frameworks, policies and packages, that are market competitive, uphold meritocracy, sustainable and aligned with the company’s strategic objectives. It is an end-to-end solutions role covering all aspect to ensure a successful remuneration and rewards managementAccountabilities:- Identify and execute C&B interventions and facilitate organization to attract, motivate and retain best in class talent. - These interventions can be across pay positioning, remuneration structure, incentive design, cost and productivity metrics, job evaluation, policy design etc. - Annual remuneration review and variable pay processes. - Engage with identified external consultants and conduct market assessments and benchmarking projects. - Design and implement variable pay and incentive schemes across levels - Benchmark organization benefit offerings against industry standards and best in class market practices. Design and improve benefit programs across organization. - Regular Analytics and Dashboarding related to Remuneration, Budget etc. - Track headcount and employee cost budget and proactively identify issues and action plan. - Monitor and ensure process adherence for all remuneration and benefit programs across the organization. - Identify and track key productivity and cost metricsEducational Qualifications & Experience:- MBA from Tier 1/1B Institute with 2 to 5 years of relevant experience. - MBA from other institutes with 4 to 6 years of relevant experience. - At least 2-year experience in Compensation & Benefits if coming from industry (non-consulting)


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