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Regional Total Rewards Manager

2 months ago

bangalore, India Koch Global Services Full time

Your Job

Regional Total Rewards Manager

We are looking for a strategic business partner who will lead the Total Rewards agenda for Koch businesses in India and Sri Lanka.

Our Team

The Koch Global Services Group (KGS) provides transformational global business solutions, leveraged capabilities, and advisory services for all Koch businesses. We create value by helping the businesses close their strategic and operational gaps by profitably applying capabilities in a.o. Finance, IT & HR. Our International Total Rewards Team is part of the HR Solutions capability in KGS.

What You Will Do

Koch companies (including Molex, Infor, Koch Engineered Solutions) employ around 10,000 employees in various locations, ranging from manufacturing locations to IT centres in India & Sri Lanka. You will help our businesses succeed by partnering with them and driving a Compensation & Benefits strategy in line with our Principled Based Management (PBM) business philosophy, that enables them to attract and retain talent. We expect this role to:

-Be a strategic business partner for Total Rewards (TR) related matters, for all Koch companies in India and Sri Lanka;

-Further develop our Total Rewards strategies in line with out Compensation and Risk Philosophy, sharing knowledge and leverage best practices among Koch companies;

-Proactively engage internal key stakeholders (Site leaders, HR Leaders, Finance Leaders) with insights and recommendations for (insured) benefits - based on thorough data analysis, market intelligence and business feedback

-Collaborate with business stakeholders as well as other HRS Capabilities (including Compliance, Payroll, HR Operations Teams) to design, develop and improve processes for benefits implementation, enrolment, administration & communication

-Help drive our Compensation Philosophy by ensuring HRBP and business leaders have access to and a correct understanding of high quality market data for effective compensation decisions.

-Manage Insured Benefits (Health, Life, Accident etc.) renewals. Manage the relationship with our vendors and broker to continuously identify and pursue opportunities that improve employee our experience and that drive cost efficiencies

-Working with internal stakeholders, other HRS Capabilities and external parties, further develop and drive our Employee Health & Wellbeing Strategy;

-Partner with other HRS Capabilities (e.g. Compliance) to ensure our benefits and compensation practices meet legal and regulatory requirements and, as needed, advise the business on required actions (e.g. India’s new Labour Code)

-Lead or participate in global / regional Total Rewards initiatives which can include compensation and benefits survey management, compensation and market data tool development etc., regional roll out of global total rewards initiatives

Who You Are (Basic Qualifications)

External Posting

-Bachelor’s Degree or equivalent experience

-Substantial experience with managing compensation and (insured) benefit programs for multinational organizations in India

-Strong interpersonal, communication and influencing skills

-Proficiency in data analysis, project management and program management

What Will Put You Ahead

·You have experience in working in complex (e.g. matrix) organizations with multiple stakeholders inside and outside India

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