Rewards Strategist

3 days ago

Anand, Gujarat, India beBeeBenefits Full time ₹ 2,00,00,000 - ₹ 2,40,00,000

Job Title: Executive Director - Rewards Strategy and Employee Experience

Job Description:

We are seeking a dynamic and analytical professional to lead our Total Rewards and Compensation & Benefits strategy. This role plays a vital part in shaping our compensation and benefits approach, directly impacting employee satisfaction and retention.

Key Responsibilities:

  • Develop and implement total rewards strategies (compensation, benefits, variable pay, long-term incentives) that align with business goals.
  • Lead the Annual Operating Plan process for workforce costs, ensuring cross-functional alignment with Finance and Business Heads.
  • 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 create 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.
  • Provide advisory services to HRBP teams and leaders on C&B matters, job evaluations, and compensation structuring for offers and promotions.
  • Ensure compliance with reward governance policies and applicable statutory requirements.

Requirements:

  • 6–8 years of experience in Compensation & Benefits / Rewards / HR Analytics, preferably in the BFSI sector.
  • Postgraduate degree in HR or 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.

Why this Role Matters:

This position is instrumental in creating an engaging and rewarding work environment, positively impacting employee retention and satisfaction.

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