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Sr. Manager Benefits

2 months ago

bangalore, India Target Full time

About us:

As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America’s leading retailers. At Target, we have a timeless purpose and a proven strategy and that hasn’t happened by accident. Some of the best minds from diverse backgrounds come together at Target to redefine retail in an inclusive learning environment that values people and delivers world-class outcomes. That winning formula is especially apparent in Bengaluru, where Target in India operates as a fully integrated part of Target’s global team and has more than 4,000 team members supporting the company’s global strategy and operations.

Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values diverse backgrounds. We believe your unique perspective is important, and you’ll build relationships by being authentic and respectful. At Target, inclusion is part of the core value. We aim to create equitable experiences for all, regardless of their dimensions of difference. As an equal opportunity employer, Target provides diverse opportunities for everyone to grow and win.



PRINCIPAL DUTIES AND RESPONSIBILITIES

  • Leads a team of financial benefits, health and wellbeing and rewards operations professionals to enable the development and successful implementation of Target India benefits policies and programs conceptualized in conjunction and partnership with the local and global Pay and Benefits teams.
  • Responsible for defining problem statements, goal setting, performance management, escalation management and coaching/mentoring the team across the benefits and operations functions
  • Works closely with Target India senior leadership, HR, HQ Benefits and Wellbeing teams to build consensus and support for the India benefits and wellbeing Strategy.
  • Leads communication and employment brand efforts from a P&B perspective to position Target as an industry stalwart in benefits and wellbeing.
  • Develops the approach for administering benefits programs for Target in India in collaboration with local and global teams.
  • Drives vendor market intelligence across the broader benefits portfolio
  • Leads the internal governance of functional metrics and health dashboards
  • Drives the finalization of annual TII engagement calendar in partnership with site excellence and enables implementation of the events in conjunction with the TII P&B team with periodic reporting
  • Builds and manages relationships with local consultants, vendors and peers. Looks for innovative ways to maximize the value that Target India receives from these relationships.
  • Works with Leaders, HRBPs, Talent Acquisition and the P&B team to effectively communicate/amplify Target India’s Benefits philosophy, and educate team members on the value of Total Rewards in partnership with communications.
  • Manages and monitors benefits budgets
  • Owns and drives company-wide special projects aligned to team/organizational needs


OTHER REQUIREMENTS

  • Experienced graduate in any discipline or MBA from any business school
  • Prior experience in people leadership with expertise in benefits portfolio management, preferably from a technology, technology-enabled, eCommerce organization or GIC
  • Deep expertise in budgeting, vendor assessment, data requirement gathering, project management and process design & governance
  • Strong network of peers in competitor organizations
  • Awareness of market landscape and practices specifically in the area of health and mental wellbeing