Manager

3 days ago

Noida India EXL IT service management Full time

Job Description

- Responsible for designing and implementing all aspects of the employee rewards programs for India, including compensation, benefits and short -term incentives. The incumbent will also, in partnership with the Global Rewards team, lead, review and design to ensure that the C&B practices of the organization are internally equitable, market competitive and aligned with the company's performance and affordability.
- The role will have a deep understanding of external best-practices and reward strategies combined with a track record of conceptualizing successful strategies, developing and leading action plans, and the ability to execute and operationalize in a scalable way to amplify Business productivity and sustain a high performing culture that attracts, motivates and retains talent.
- Work with Corporate Rewards Team on Benchmarking of salary/benefits data and participation in regular/industry/forum level surveys. Analyze and share reports/insights to Leadership/Top Management.
- Monitor, evaluate and design Hiring Ranges with Recruitment, HRBP and Business.
- Will work closely with HR leaders and C&B on promotions, market corrections, Geo mobility, other case etc. on the compensation related recommendations.
- Design, monitor and manage the Benefits. Lead strategy and design to deliver quality benet programs to remain competitive and cost-eective In partnership with our brokers, participate in negotiation of agreements with insurance carriers and nancial institutions for administration of benets programs
- Calibrate with Corporate Rewards Team on annual processes like Merit Increase, Bonus and Equity Grants. Evaluate effectiveness of STI (Bonus, P4P, sales Commission)/LTI (Equity) plans.
- Track and work on DEI, Pay Equity and Gender Pay analysis with the corporate Team.
- Liaise with Compliance/Legal team and ensure compliance with regulations and company policies in compensation decisions.
- Design, upkeep and update C&B policies. Ensure effective and timely communications to employees.
- Partner with Global Rewards team to develop monthly/quarterly dashboards and analysis.
- Work closely with Corporate Rewards and finance team on Budgeting and Pricing of jobs.
- Manage the data processes required by internal and external sources, including resolving data errors and partnering with HR shared services as needed.
- Prepare reports and analysis of compensation data. Partner with HR Business Partners and Management to review findings and recommendations
- Partner with other HR team members/leaders and functional areas to investigate and resolve escalated employee issues (Compensation matters).
- Collaborate with HRIS/HRSS/DHRO to maintain systems related to compensation and benefits administration.

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