Leader-Total Rewards and Performance Management-Global MNC

1 month ago

chennai, India Michael Page Full time
Opportunity to work at a Global MNC Opportunity to make high impact

About Our Client

Our client is global Ship Management MNC

Job Description

We are seeking a highly skilled and experienced Total Rewards and Performance Management Specialist to join our client, a Global Ship Management MNC. In this role, you will be responsible for shaping the entire total rewards framework for the organization, restructuring salary and tax efficiency, and establishing a new performance management system. The ideal candidate will have a deep understanding of global compensation and benefits structures, taxation laws, and performance management methodologies, along with a strategic mindset to drive organizational success.
Key Responsibilities: Total Rewards Framework:

Develop and implement a comprehensive total rewards strategy aligned with the organization's business objectives and industry standards. Analyze market trends and conduct benchmarking studies to ensure competitive compensation and benefits packages. Restructure salary components and benefits packages to attract, retain, and motivate top talent. Ensure compliance with local and international regulations related to compensation and benefits. Tax Efficiency: Collaborate with finance and legal teams to optimize tax efficiency in compensation structures. Stay updated on global tax laws and regulations to ensure compliance and minimize tax liabilities for the organization and employees.


Performance Management System:

Design and implement a new performance management system that aligns with the organization's goals and fosters a culture of continuous improvement. Develop clear performance metrics, key performance indicators (KPIs), and competency frameworks for different roles within the organization. Provide guidance and training to managers and employees on the new performance management processes.


Data Analysis and Reporting:

Utilize data analytics tools to gather and analyze data related to compensation, benefits, and performance metrics. Generate reports and insights to support data-driven decision-making processes within the HR and leadership teams.


Stakeholder Collaboration:

Collaborate effectively with HR, finance, legal, and business leaders to align total rewards and performance management initiatives with organizational objectives. Provide expert advice and recommendations to senior management regarding compensation and benefits strategies.

The Successful Applicant

10 to 15 years of experience in Total Rewards for shipping/logistics/Manufacturing/Ship Management organisations Master's in HR from a reputed college will be preferred Experience in setting up total rewards framework from the scratch will be highly favoured Experience is ideating perfromance managent process would be a huge plus Excellent communication and interpersonal skills to effectively collaborate with diverse teams and stakeholders. Demonstrated ability to lead and drive change initiatives related to total rewards and performance management.

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