Executive Compensation Specialist

2 weeks ago

Bellary, Karnataka, India beBeeStrategic Full time ₹ 60,00,000 - ₹ 80,00,000
About Us:

A leading global IT services company provides innovative technology solutions and services to clients across various industries worldwide.

We are seeking a highly skilled and strategic professional to lead and shape our compensation, benefits, and rewards strategy.

Position Overview

The incumbent will be responsible for developing and executing a comprehensive global compensation and rewards strategy.

Key Responsibilities
  • Design and Implement Global Compensation Framework: Ensure alignment with business goals and competitive market practices.
  • Oversight of Differentiated Rewards Programs: Create and continuously improve STIPs, LTIPs, and executive compensation.
  • Develop Job Architecture Model: Consistent and equitable job classifications, structures, and career progression paths across the organization.
  • Global Compensation Benchmarking: Ensure the company remains competitive in attracting and retaining top talent in the IT services industry.
  • Compensation Surveys and Cost Models: Align compensation packages with global industry standards and company objectives.
  • Benefits Administration: Consistency and competitiveness across regions while aligning with employee needs and organizational goals.
  • Provide Analytical Support: Compensation planning, budgeting, forecasting, and costing models for compensation strategies.
  • Collaborate with Leadership: Evaluate and recommend compensation solutions enhancing employee engagement, satisfaction, and performance.
  • Develop Compensation-Related Reports: Actionable insights for leadership decision-making.
  • Total Rewards Communication: Employees ensuring clarity, understanding, and alignment with organizational culture.
  • Compliance Management: Local, national, and international compensation regulations and legislative changes.
  • Team Management: Continuous development and delivery of high-quality work by Total Rewards professionals.

This role requires a strong leader with exceptional skills in strategic thinking, problem-solving, and communication.

Candidates should have experience in total rewards management, compensation strategy, and benefits administration.

The ideal candidate will possess a strong background in human resources or a related field, with excellent analytical and technical skills.

Skillful collaboration with senior leadership and HR teams is crucial for this position.

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