Executive Director of Strategic Compensation

2 days ago

Anand, Gujarat, India beBeeCompensation Full time ₹ 30,00,000 - ₹ 40,00,000

Strategic Compensation Leader

We are seeking a highly skilled and strategic Head of Total Rewards to lead and shape our compensation, benefits, and rewards strategy.

This role will focus on establishing a standardized global compensation framework, driving differentiated rewards programs, and managing key aspects such as job architecture, compensation benchmarking, short-term incentive programs (STIPs), long-term incentive programs (LTIPs), and global benefits administration.

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

Key Responsibilities:

  • Lead the design, development, and implementation of a global compensation framework and strategy, ensuring alignment with business goals and competitive market practices.
  • Oversee the creation and continuous improvement of differentiated rewards programs, including STIPs, LTIPs, and executive compensation.
  • Develop and implement a comprehensive job architecture model to ensure consistent and equitable job classifications, structures, and career progression paths across the organization.
  • Conduct global compensation benchmarking to ensure the company remains competitive in attracting and retaining top talent in the industry.
  • 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, including the preparation of costing models for compensation strategies.
  • 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, providing actionable insights for leadership decision-making.
  • Communicate total rewards programs to employees, ensuring clarity, understanding, and alignment with organizational culture.
  • Ensure compliance with all local, national, and international compensation regulations, and monitor any legislative changes that may impact compensation and benefits programs.

Required Skills and Qualifications:

  • 7+ Proven experience in a senior Total Rewards or Compensation and Benefits leadership role, preferably within an IT services 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.
  • Expertise in creating and presenting high-level presentations for executive audiences.
  • Experience in developing compensation surveys and costing models.
  • Excellent communication and interpersonal skills.
  • Ability to manage and mentor a team.
  • Familiarity with global compensation regulations and compliance requirements.

Benefits:

As a member of our team, you can expect a dynamic and supportive work environment that fosters growth and collaboration.

With a commitment to equality and inclusion, we strive to create a workplace where everyone feels valued and empowered to succeed.

Our Total Rewards program is designed to recognize and reward your contributions, helping you achieve your career goals and personal aspirations.

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