Chief Reward Strategist

2 weeks ago

Jodhpur, Rajasthan, India beBeeReward Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

Senior Manager Compensation Benefits

A dynamic and data-driven professional is required to lead the Total Rewards strategy for an organization. The role involves ensuring alignment of reward systems with business goals, driving employee retention through effective pay practices, and providing analytics to inform decision-making.

Key Responsibilities:
  • Total Rewards Strategies: Design and implement total rewards strategies in alignment with organizational goals.
  • Annual Operating Plan (AOP): Lead the AOP process for workforce costs, ensuring cross-functional alignment with Finance and Business Heads.
  • Manpower Planning: Conduct detailed manpower planning in collaboration with talent acquisition and business partners.
  • Compensation Structures: Develop and manage compensation structures, pay ranges, and benchmarking exercises using market data and internal equity principles.
  • Data-Driven Insights: Drive data-driven insights and design dashboards and analytics around rewards, headcount, productivity, and cost trends.
  • Compensation Benchmarking: Partner with external consultants to manage compensation benchmarking, surveys, and best practice reviews.
  • Performance-Linked Bonus and Salary Revision: Own the annual performance-linked bonus and salary revision cycles, including system readiness, communication frameworks, and payout governance.
  • C&B Advisory: Support HRBP teams and leaders with C&B advisory, job evaluations, and compensation structuring for offers and promotions.
  • Reward Governance: Ensure compliance with internal reward governance policies and applicable statutory requirements.
Requirements:
  • Experience: 6–8 years of experience in Compensation & Benefits / Rewards / HR Analytics, preferably in the BFSI sector.
  • Qualifications: Postgraduate degree in HR / MBA from a recognized institute.
  • Analytical Skills: Deep understanding of manpower planning, AOP, total rewards, C&B frameworks, and incentive design.
  • Technical Skills: Strong analytical and numerical ability with proficiency in Excel, PowerPoint, HR dashboards, and compensation tools.
  • Communication Skills: Ability to work cross-functionally, manage multiple stakeholders, and maintain high attention to detail.
Benefits:

This role offers opportunities for career growth, professional development, and contributing to the success of the organization.

Others:

The ideal candidate will possess strong leadership skills, be able to drive change, and have a deep understanding of the industry.

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