Chief Total Rewards Officer

1 day ago

Udaipur, Rajasthan, India beBeeCompensation Full time ₹ 25,00,000 - ₹ 35,00,000
Job Title: Chief Total Rewards Officer

We are seeking a highly skilled and experienced professional to lead our total rewards strategy, encompassing compensation, benefits, variable pay, and long-term incentives.

The ideal candidate will have a deep understanding of reward systems alignment with business goals, employee retention, and engagement through effective pay practices.

The role requires designing and implementing total rewards strategies in alignment with organizational objectives, ensuring cross-functional collaboration with Finance and Business Heads.

Key Responsibilities:

  • Develop and implement comprehensive total rewards strategies, including compensation, benefits, and variable pay programs.
  • Lead the Annual Operating Plan (AOP) process for workforce costs, ensuring alignment with financial and business goals.
  • Conduct detailed manpower planning in collaboration with talent acquisition and business partners.
  • Design and manage compensation structures, pay ranges, and benchmarking exercises using market data and internal equity principles.
  • Drive data-driven insights and develop dashboards and analytics around rewards, headcount, productivity, and cost trends.
  • Partner with external consultants to manage compensation benchmarking, surveys, and best practice reviews.
  • Own the annual performance-linked bonus and salary revision cycles, including system readiness, communication frameworks, and payout governance.
  • Support HRBP teams and leaders with C&B advisory, job evaluations, and compensation structuring for offers and promotions.
  • Ensure compliance with internal reward governance policies and applicable statutory requirements.

Required Skills and Qualifications:

  • 6–8 years of experience in Compensation & Benefits / Rewards / HR Analytics, preferably in the BFSI sector.
  • Postgraduate degree in HR / MBA from a recognized institute.
  • Deep understanding of manpower planning, AOP, total rewards, C&B frameworks, and incentive design.
  • Strong analytical and numerical ability with proficiency in Excel, PowerPoint, HR dashboards, and compensation tools.
  • Experience in handling large data sets, deriving insights, and presenting to senior leadership.
  • Ability to work cross-functionally, manage multiple stakeholders, and maintain high attention to detail.

Benefits:

The successful candidate will enjoy a competitive compensation package, including a comprehensive benefits program, opportunities for career growth and development, and a collaborative work environment.

Others:

This is an exceptional opportunity for a seasoned professional to join our team and contribute to shaping our total rewards strategy.

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