Total Rewards and Compensation Strategist

8 hours ago

Rajkot, Gujarat, India beBeeCompensation Full time ₹ 16,00,000 - ₹ 20,10,000

Key Leadership Role: Total Rewards and Compensation Strategist

Job Description:

The successful candidate will lead the development and implementation of total rewards strategies, ensuring alignment with organizational objectives. This includes designing and implementing compensation structures, pay ranges, and benchmarking exercises using market data and internal equity principles.

Responsibilities:
  • Develop and manage total rewards strategies in alignment with business goals.
  • Lead the Annual Operating Plan (AOP) 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 implement compensation systems, including variable pay and long-term incentives.
  • Drive data-driven insights and design 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.
  • Support HRBP teams and leaders with C&B advisory, job evaluations, and compensation structuring for offers and promotions.
  • Ensure compliance with internal reward governance policies and applicable statutory requirements.

Requirements:
  • 6-8 years of experience in Compensation & Benefits / Rewards / HR Analytics.
  • 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.

Benefits:

The ideal candidate will have the opportunity to make a significant impact on the organization's compensation and benefits strategy, driving employee retention and engagement through effective pay practices. The role requires strong analytical and interpersonal skills, as well as the ability to communicate complex ideas effectively.

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