Global Compensation Strategist

2 days ago

Salem, Tamil Nadu, India beBeeCompensation Full time ₹ 10,00,000 - ₹ 15,00,000
About the Role
As a strategic leader, you will play a key role in shaping our organization's compensation and benefits strategy. The Head of Total Rewards will be responsible for developing and executing a comprehensive global compensation framework that drives differentiated rewards programs and manages key aspects such as job architecture, compensation benchmarking, short-term incentive programs (STIPs), long-term incentive programs (LTIPs), and global benefits administration.

Key Responsibilities:
• Design, develop, and implement a global compensation framework and strategy, ensuring alignment with business goals and competitive market practices.
• Oversee the creation and continuous improvement of differentiated rewards programs, including STIPs, LTIPs, and executive compensation.
• Develop and implement a comprehensive job architecture model to ensure consistent and equitable job classifications, structures, and career progression paths across the organization.
• Conduct global compensation benchmarking to ensure competitiveness in attracting and retaining top talent in the industry.
• Administer and manage global benefits programs, ensuring consistency and competitiveness across regions while aligning with employee needs and organizational goals.
• Provide detailed analytical support and insights for compensation planning, budgeting, and forecasting, including costing models for compensation strategies.
• Collaborate with senior leadership and HR teams to evaluate and recommend compensation solutions that enhance employee engagement, satisfaction, and performance.
• Develop, maintain, and update 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 local, national, and international compensation regulations, monitoring legislative changes that impact compensation and benefits programs.
• Manage and develop a team of Total Rewards professionals, ensuring continuous development and delivery of high-quality work.

Requirements:
7+ years of experience in a senior Total Rewards or Compensation and Benefits leadership role, preferably within a global IT services or technology company.
Strong expertise in establishing and managing a global compensation framework, job architecture, and rewards strategy.
In-depth experience with compensation benchmarking, STIPs, LTIPs, and executive compensation practices.
Strong background in global benefits administration, including benefits package design and management across different regions.
Exceptional analytical skills, including data modeling, statistical analysis, and advanced Excel functions (pivot tables, macros, complex formulas).
Expertise in creating and presenting high-level PowerPoint presentations for executive audiences, clearly communicating complex data and insights.
Experience in developing compensation surveys and costing models, providing strategic recommendations based on data-driven insights.
Excellent understanding of market trends in compensation and benefits, particularly within the IT services industry.
Strong communication and interpersonal skills, working with cross-functional teams and presenting ideas persuasively to senior management.
Ability to manage and mentor a team, providing leadership and guidance on Total Rewards initiatives.
Familiarity with global compensation regulations and compliance requirements.

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