Strategic Reward Development Specialist

6 days ago

Hyderabad Uttar Pradesh Warangal Nizamabad, India beBeeOperations Full time ₹ 1,04,000 - ₹ 1,30,878
Job Title:

"Rewards Business Partner Operations"

Job Description:

The ideal candidate will be responsible for supporting the operational conversion of Rewards strategic objectives. They will also implement competitive and cost-effective compensation and benefit programs that are in line with corporate Rewards guidelines to attract and retain talent. Additionally, they will provide data support for survey submissions.

Required Skills and Qualifications:
  • Support and implement competitive and cost-effective compensation and benefit programs that are in line with corporate Rewards guidelines to attract and retain talent.
  • Provide data support for survey submissions.
  • Participate in the benchmarking process, analyze labor market trends and provide input to the business on salary structure and adjustments based on survey data.
  • Perform analyses on market and internal data to ensure competitiveness of reward structure with relevant external market.
  • Report and interpret analyses results and make recommendations that support the establishment of Rewards programs aligned with the organization's strategy.
  • Maintain accurate and efficient daily Rewards processes to support the dedicated client group.
  • Contribute to Rewards projects at country or BU level.
Benefits:

They will have solid understanding of and practical experience in applied compensation principles, including technical expertise in one or more of the following domains: job evaluation, benchmarking, market analysis, compensation program design, compensation planning and forecasting and Rewards design techniques. They will also have a solid experience in global operations, including operational excellence, governance and compliance, operational transformation and use of data to drive decision making.

Others:
  • Experience in a service and continuous improvement environment.
  • Experience with change management initiatives.
  • Ability to perform complex analyses and work with Rewards and P&O systems.
  • Solid understanding of and practical experience in applied compensation principles, including technical expertise in one or more of the following domains: job evaluation, benchmarking, market analysis, compensation program design, compensation planning and forecasting and Rewards design techniques.
  • Strong analytical skills and ability to effectively communicate insights and findings to various stakeholders.

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