Senior Executive Leader

1 day ago

Hubli, Karnataka, India beBeeManager Full time ₹ 98,76,543 - ₹ 1,23,45,678
Job Title: Senior Manager

Overview:

The Head of Total Rewards will lead the development and execution of a comprehensive global compensation strategy.

This role focuses on establishing a standardized global compensation framework, driving differentiated rewards programs, and managing key aspects such as job architecture, compensation benchmarking, short-term incentive programs (STIPs), long-term incentive programs (LTIPs), and global benefits administration.

  • Lead the design, development, and implementation of a global compensation framework and strategy, ensuring alignment with business goals and competitive market practices.
  • Oversee the creation and continuous improvement of differentiated rewards programs, including STIPs, LTIPs, and executive compensation.
  • Develop and implement 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 ensure the company remains competitive in attracting and retaining top talent.
  • Lead the development of compensation surveys, cost models, and market analysis to ensure that compensation packages are aligned 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 detailed 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, maintain, and update 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.
  • Ensure compliance with all local, national, and international compensation regulations, and monitor any legislative changes that may impact compensation and benefits programs.
  • Manage and develop a team of Total Rewards professionals, ensuring continuous development and delivery of high-quality work.

Key Qualifications:

  • 7+ Proven experience in a senior Total Rewards or Compensation and Benefits leadership role.
  • 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.
  • 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.
  • Expertise in creating and presenting high-level PowerPoint presentations for executive audiences.
  • Compensation surveys and costing models, with the ability to provide strategic recommendations based on data-driven insights.
  • Market trends in compensation and benefits, particularly within the IT services industry.
  • Communication and interpersonal skills, with the ability to work with cross-functional teams.
  • Ability to manage and mentor a team, providing leadership and guidance on Total Rewards initiatives.
  • Familiarity with global compensation regulations and compliance requirements.

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