Chief Global Reward Designer

1 day ago

Kurnool, Andhra Pradesh, India beBeeStrategist Full time ₹ 25,00,000 - ₹ 30,00,000
Global Compensation Strategist:

Drive strategic development and execution of a comprehensive global compensation framework. Establish standardized job architecture, differentiated rewards programs, and manage key aspects of total rewards.

  • Develop and implement a global compensation framework to ensure alignment with business goals and competitive market practices.
  • Oversee the creation and continuous improvement of differentiated rewards programs, including short-term incentives (STIPs), long-term incentives (LTIPs), and executive compensation.
  • Establish a comprehensive job architecture model to ensure consistent and equitable job classifications, structures, and career progression paths across the organization.
  • Conduct global compensation benchmarking to remain competitive in attracting and retaining top talent in the IT services industry.
  • Lead the development of compensation surveys, cost models, and market analysis to ensure compensation packages align with global industry standards and company objectives.
  • Administer and manage global benefits programs, ensuring consistency and competitiveness across regions while aligning with employee needs and organizational goals.
  • Provide analytical support and insights for compensation planning, budgeting, and forecasting, including the preparation of costing models for compensation strategies.
  • Collaborate with senior leadership and HR teams to evaluate and recommend compensation solutions that enhance employee engagement, satisfaction, and performance.
  • Develop and maintain compensation-related reports and dashboards, providing actionable insights for leadership decision-making.
  • Communicate total rewards programs to employees, ensuring clarity, understanding, and alignment with organizational culture.
Key Requirements:
  • 7+ years of experience in senior Total Rewards or Compensation and Benefits leadership roles, preferably within a global IT services or technology company.
  • Strong expertise in establishing and managing a global compensation framework, job architecture, and rewards strategy.
  • In-depth experience with compensation benchmarking, STIPs, LTIPs, and executive compensation practices.
  • Strong background in global benefits administration, including the design and management of benefits packages across different regions.
  • Exceptional analytical skills, including data modeling, statistical analysis, and advanced Excel functions.
  • Experience in creating high-level PowerPoint presentations for executive audiences and developing compensation surveys and costing models.
  • Excellent understanding of market trends in compensation and benefits, particularly within the IT services industry.
  • Strong communication and interpersonal skills, with the ability to work with cross-functional teams and present ideas persuasively to senior management.
  • Familiarity with global compensation regulations and compliance requirements.

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