Total Rewards Strategist

3 hours ago

Bengaluru, Karnataka, India beBeeTotalRewards Full time ₹ 10,00,000 - ₹ 2,00,00,000
Strategic Total Rewards Leader

Develop and implement comprehensive total rewards strategies that drive business success.

Lead and manage compensation, benefits, and recognition programs to attract, retain, and motivate top talent.

Key Responsibilities
  • Design and execute a competitive total rewards strategy aligned with the organization's mission and goals.
  • Establish and refine total rewards frameworks, leveraging market data to support scalability and equity.
  • Oversee the annual compensation cycle, including salary planning, merit increases, promotions, and adjustments.
Compensation Management
  • Develop and implement compensation plans that drive performance and engagement.
  • Conduct market benchmarking processes to ensure competitive positioning.
  • Assess and adjust compensation practices to maintain equitable pay structures.
Benefits Administration & Enhancement
  • Design and execute health, wellness, retirement, and other employee benefit programs to enhance the employee experience.
  • Lead benefits renewal processes and vendor negotiations to manage costs while promoting awareness.
  • Conduct benefits utilization reviews to educate employees and promote engagement.
Performance & Recognition Programs
  • Develop and implement performance and recognition programs that drive a high-performance culture.
  • Align recognition initiatives with company values to foster engagement and performance.
  • Assess and adjust programs based on employee feedback and industry trends.
Policy Development & Governance
  • Develop and manage compensation, benefits, and recognition policies to ensure clarity and alignment with company values.
  • Lead compliance efforts with local, state, and federal regulations, along with global standards for international employees.
Data Analysis & Insights
  • Leverage data analytics to monitor the effectiveness of total rewards programs and make recommendations.
  • Prepare executive-level reports and presentations on total rewards metrics to inform business decisions.
Leadership & Team Management
  • Lead and develop a team responsible for total rewards initiatives, ensuring their growth and alignment with company values.
  • Foster a collaborative environment with a focus on knowledge-sharing, process improvement, and continuous learning.
QualificationsExperience

7-10 years in total rewards, compensation, and benefits, with at least 3+ years in a leadership or CoE role within a medium to large organization.

Education

Bachelor's degree in Human Resources, Business Administration, or a related field; a Master's degree or relevant certifications (e.g., CCP, CEBS) are preferred.

Skills
  • Strong expertise in compensation frameworks, benefits management, and total rewards benchmarking.
  • Proficient in working with HR systems (Workday, SAP, Oracle, etc.) and data analysis tools.
  • Proven ability to manage vendor relationships and negotiate contracts.
  • Exceptional interpersonal and communication skills to engage with executives and stakeholders effectively.
  • Experience in managing teams or dotted line reports, with strong leadership capabilities.
Preferred Competencies
  • Ability to work effectively in a dynamic, fast-paced environment.
  • Strong analytical mindset with experience in data-driven decision-making.
  • Comfortable with navigating ambiguity and leading through change.
  • Commitment to fostering an inclusive workplace aligned with company values.

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