Total Rewards Strategist

1 week ago

Malappuram, Kerala, India beBeeCompensation Full time ₹ 40,00,000 - ₹ 50,00,000

Total Rewards Specialist Job Description

Job Description

As a Total Rewards Specialist, you will be responsible for developing and implementing compensation strategies that align with business objectives and market competitiveness. This role involves conducting benchmarking, salary surveys, and market analysis to ensure internal equity and external competitiveness.

Key Responsibilities:

  • Develop, implement, and manage compensation structures aligned with business objectives and market competitiveness.
  • Conduct benchmarking, salary surveys, and market analysis to ensure internal equity and external competitiveness.
  • Design and manage employee benefits programs (health, insurance, retirement, wellness, etc.).
  • Evaluate effectiveness of benefits and recommend changes in line with employee needs and cost optimization.
  • Drive annual compensation review cycles (increments, promotions, and bonus payouts).
  • Partner with business leaders and HRBPs to ensure fair, transparent, and performance-driven reward systems.
  • Ensure compliance with statutory requirements, labor laws, and company policies.
  • Maintain governance and documentation for compensation & benefits programs.
  • Create dashboards, reports, and insights on compensation, benefits utilization, and workforce cost analysis.
  • Provide recommendations to leadership for strategic decision-making.
Required Skills and Qualifications

Qualifications:

  • Strong understanding of compensation and benefits principles and practices.
  • Excellent analytical, problem-solving, and communication skills.
  • Ability to work independently and collaboratively as part of a team.
  • Highly organized and detail-oriented with strong project management skills.
Benefits

Why Join Our Team?

  • Competitive compensation packages and comprehensive benefits.
  • Opportunities for professional growth and development.
  • Collaborative and dynamic work environment.
  • Recognition and rewards for outstanding performance.
Others

This is an exciting opportunity to join a forward-thinking organization and contribute to the success of our Total Rewards program.

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