Acko | Head of Rewards | bangalore
2 weeks ago
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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