Head of Rewards

2 weeks ago

Bengaluru, India Acko Full time
Role overview:
The Head of Total Rewards, People Analytics, and HR Systems will be a key member of the HR leadership team, responsible for designing, implementing, and managing the strategies, programs, and systems that drive employee engagement, performance, and satisfaction. This role requires a strategic thinker who can balance the need for competitive, equitable compensation with a deep understanding of employee data and the systems that support a modern HR function. The ideal candidate will be a strong leader with a proven track record in total rewards, people analytics, and HR technology.
Roles and Responsibilities
Design and Develop Reward Philosophy
Collaborate with leadership to create a comprehensive total rewards strategy that aligns with the company’s goals and culture.
Conduct market research to benchmark compensation and benefits against industry standards and competitors.
Establish a clear and compelling employee value proposition that attracts and retains top talent.
Execute Total Rewards Programs
Oversee the implementation of all compensation and benefits programs, ensuring they are competitive, compliant, and cost-effective.
Manage variable pay structures, equity programs, and other incentive plans to drive performance and engagement.
Evaluate and recommend enhancements to existing programs based on employee feedback and business needs.
Employee Communication and Engagement
Develop communication strategies to ensure all employees understand and appreciate their total rewards.
Foster a culture of transparency and trust by delivering regular updates on reward programs and policies.
Solicit employee feedback and conduct surveys to gauge satisfaction and improve the total rewards offering.
Compliance and Governance
Ensure compliance with all local and labor laws and regulations regarding compensation and benefits practices.
Maintain up-to-date knowledge of industry trends and legal requirements affecting total rewards.
Partner with legal and finance teams to ensure fiscal responsibility and proper governance of rewards programs.
People Analytics
Utilize data analytics to assess the effectiveness of total rewards programs and make data-driven decisions.
Develop metrics and dashboards to track employee performance, engagement, retention, and turnover.
Provide insights and recommendations to senior leadership based on analytical findings.
HR System and Technology
Oversee the selection, implementation, and management of HR systems and technologies, ensuring they meet the needs of the organization and enhance the employee experience.
Optimize HR processes through technology, driving efficiency and data accuracy across all HR functions.
Ensure the HRIS and other HR technologies are effectively integrated and aligned with business objectives.
Stay informed about emerging HR technology trends and innovations, making recommendations for improvements or new tools.
Leadership and Collaboration:
Lead, mentor, and develop a high-performing team of total rewards, people analytics, and HR systems professionals.
Collaborate closely with HR business partners, talent acquisition, learning and development, and other key stakeholders to ensure HR strategies are aligned with business needs.
Act as a strategic advisor to senior leadership on compensation, benefits, and people analytics matters.
Skills & Expertis
eEducation: Bachelor’s degree in Human Resources, Business Administration, or a related field; Master’s degree or relevant certifications (e.g., CCP, CBP, SHRM-SCP) preferred
.Experience
:Minimum of 10-12 years of experience in HR, with significant experience in total rewards, people analytics, and HR systems
.Proven track record of developing and implementing total rewards strategies in a fast-paced, high-growth environment
.Strong expertise in people analytics, with the ability to translate data into actionable insights
.Experience with HR systems selection, implementation, and management
.Skills
:Strong leadership and team management skills, with the ability to inspire and develop others
.Excellent analytical, problem-solving, and decision-making abilities
.Strong communication and influencing skills, with the ability to work effectively across all levels of the organization
.Strategic mindset with a focus on continuous improvement and innovation
.Ability to navigate complexity and ambiguity in a dynamic environment
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