Strategic Compensation Professional

1 day ago

Vizag, Andhra Pradesh, India beBeeCompensation Full time ₹ 1,20,00,000 - ₹ 1,50,00,000
About Us">

Our organization is a global IT services company with a presence worldwide. We specialize in delivering innovative technology solutions and services across various regions.

Position Overview

The Head of Total Rewards plays a pivotal role in shaping our compensation and rewards strategy. This position involves developing and executing a comprehensive global compensation framework, ensuring alignment with business objectives and industry standards.

Key Responsibilities:

  • Design and Implement Global Compensation Frameworks
  • Develop and implement differentiated rewards programs, encompassing short-term incentives (STIPs), long-term incentives (LTIPs), and executive compensation.
  • Establish and maintain a robust job architecture model for consistent and equitable job classifications, structures, and career progression paths across the organization.
  • Conduct thorough global compensation benchmarking to ensure competitiveness in attracting and retaining top talent within the IT services industry.
  • Lead the development of compensation surveys, cost models, and market analysis to align compensation packages 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.
  • 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.
  • Communicate total rewards programs to employees, ensuring clarity, understanding, and alignment with organizational culture.

Required Skills and Qualifications:

  • A minimum of 7 years experience in a senior Total Rewards or Compensation and Benefits leadership role, preferably within a global IT services or technology company.
  • 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.
  • Exceptional analytical skills, including experience in data modeling, statistical analysis, and advanced Excel functions.
  • Excellent understanding of market trends in compensation and benefits, particularly within the IT services industry.
  • Strong communication and interpersonal skills, with the ability to work with cross-functional teams and present ideas persuasively to senior management.

Career Progression

Our organization offers a dynamic work environment with opportunities for growth and professional development. If you are a results-driven professional looking to make a meaningful impact in the field of Total Rewards, we encourage you to explore this exciting opportunity.

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