Lead - Total Rewards & Policies

11 hours ago

Mumbai, India Michael Page Full time

Opportunity to lead the total rewards strategy Strategic role About Our Client Client is a leading developer and operator of high-quality real estate assets Job Description Key ResponsibilitiesCompensation & Rewards Strategy Design and implement a comprehensive total rewards strategy aligned with business objectives and market competitiveness. Conduct compensation benchmarking and participate in salary surveys to maintain internal equity and external parity. Lead annual compensation planning, including merit cycles, pay structures, and incentive programs. Develop and oversee short-term and long-term incentive plans, ensuring linkage to performance outcomes and organizational goals. Job Evaluation & Grading Establish and maintain a job evaluation and grading framework to ensure consistency, transparency, and fairness in role alignment. Conduct role reviews and internal audits to maintain alignment between job responsibilities and compensation levels. Benefits & Employee Well-being Oversee the design and administration of employee benefits programs, including insurance, wellness, and retirement benefits. Evaluate and recommend enhancements to improve employee engagement and retention. Bring In-depth understanding of benefits administration, including statutory and voluntary benefits. HR Policy Design & Governance Lead the formulation, review, and governance of HR policies and procedures, ensuring alignment with local legislation and global HR frameworks. Ensure full compliance with labour laws, tax regulations, and compensation disclosure requirements. Act as the custodian of HR policy communication, version control, and audit readiness. HR Analytics & Reporting Drive the use of data and analytics to provide insights on pay equity, workforce cost trends, and reward effectiveness. Prepare reports and dashboards for management reviews and board submissions. The Successful Applicant Skills, Education & Experience Postgraduate degree in Human Resources, Business Administration or a related discipline. Over 10-12 years of total HR experience with at least 7-10 years specializing in Total Rewards, Compensation & Benefits, and HR Policy. Proven experience in designing and implementing global or large-scale compensation frameworks. Strong exposure to benchmarking, job evaluation methodologies (, Mercer, Hay, Willis Towers Watson). Experience in policy design and governance, particularly in complex or matrixed organizations. Knowledge of HR systems (Workday, SAP SuccessFactors, Oracle HCM) and reporting tools. Strong understanding of global mobility frameworks, equity programs, and executive compensation. Strong business acumen and the ability to partner with CXOs and business heads on compensation decisions. Skilled in change management, with a track record of driving compensation and policy transformations. Experience managing rewards communication and stakeholder engagement across diverse employee groups.

  • Lead - Total Rewards & Policies

    1 week ago

    Mumbai, India Michael Page Full time

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