
Total Rewards Specialist
6 days ago
As a Total Rewards Manager, you will play a key role in developing and implementing compensation structures that align with business objectives and market competitiveness.
Compensation Strategy & Design:-
Key Responsibilities:
- Develop, implement, and manage compensation structures (fixed, variable, incentives, retention plans).
- Conduct benchmarking, salary surveys, and market analysis to ensure internal equity and external competitiveness.
- Evaluate effectiveness of benefits and recommend changes in line with employee needs and cost optimization.
Benefits Administration:
- Design and manage employee benefits programs (health, insurance, retirement, wellness, etc.).
- Partner with business leaders and HRBPs to ensure fair, transparent, and performance-driven reward systems.
Performance & Rewards:
- Drive annual compensation review cycles (increments, promotions, and bonus payouts).
- Provide recommendations to leadership for strategic decision-making.
Policy & Compliance:
- Ensure compliance with statutory requirements, labor laws, and company policies.
- Maintain governance and documentation for compensation & benefits programs.
Analytics & Reporting:
- Create dashboards, reports, and insights on compensation, benefits utilization, and workforce cost analysis.
Employee Engagement & Communication:
- Communicate reward policies, benefits, and compensation philosophy effectively to employees.
- Act as a subject matter expert for employee queries related to pay, benefits, and rewards.
Special Projects:
- Support M&A integration, organization restructuring, and mobility programs from a rewards perspective.
- Partner with global/region teams to drive consistency in Total Rewards programs.
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