Executive Rewards Strategist

5 days ago

Bengaluru, Karnataka, India beBeeGlobalRewards Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

Global Rewards Leader

This position is responsible for developing and implementing a comprehensive global rewards strategy that aligns with business goals and market practices. The ideal candidate will have experience in designing, developing, and implementing global compensation frameworks and strategies.

Key Responsibilities:

  • Design and implement a global rewards framework that ensures consistency and equity across the organization.
  • Develop and execute a comprehensive compensation strategy that drives competitive rewards programs and job architecture.
  • Lead the creation of differentiated rewards programs, including short-term incentives (STIPs), long-term incentives (LTIPs), and executive compensation.
  • Conduct global compensation benchmarking to ensure competitiveness in attracting and retaining top talent.
  • Administer and manage global benefits programs, ensuring consistency and competitiveness across regions.
  • Provide analytical support and insights for compensation planning, budgeting, and forecasting.
  • Collaborate with senior leadership and HR teams to evaluate and recommend compensation solutions that enhance employee engagement, satisfaction, and performance.
  • Develop and maintain 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.

Required Skills and Qualifications:

  • 7+ years of experience in a senior Total Rewards or Compensation and Benefits leadership role.
  • Strong expertise in establishing and managing global compensation frameworks and rewards strategies.
  • In-depth experience with compensation benchmarking, STIPs, LTIPs, and executive compensation practices.
  • Strong background in global benefits administration, including design and management of benefits packages across different regions.
  • 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 understanding of market trends in compensation and benefits.
  • Strong communication and interpersonal skills, with ability to work with cross-functional teams.
  • Ability to manage and mentor a team, providing leadership and guidance on Total Rewards initiatives.
  • Familiarity with global compensation regulations and compliance requirements.

Preferred Qualifications:

  • Master's degree in Human Resources, Business Administration, or a related field.
  • Relevant certifications in compensation, benefits, or total rewards are highly desirable.
  • Experience in implementing and managing global compensation tools and software.

Equal employment opportunities are available without regard to race, color, sex, creed, religion, national origin, gender, sexual orientation, age, gender identity, pregnancy, genetic information, disability, protected veteran status, or any other status protected by state or local law.

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