Global Compensation and Benefits Strategist

5 days ago

Vijayawada, Andhra Pradesh, India beBeeSenior Full time ₹ 1,80,00,000 - ₹ 2,50,00,000

About this role:

We are seeking a Senior Manager to lead and shape our compensation, benefits, and rewards strategy.

This role will focus on establishing a standardized global compensation framework, driving differentiated rewards programs, and managing key aspects such as job architecture, compensation benchmarking, short-term incentive programs (STIPs), long-term incentive programs (LTIPs), and global benefits administration.

Key Responsibilities:

  • Develop and execute a comprehensive global compensation 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.
  • Implement a 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.
  • Lead the development of compensation surveys, cost models, and market analysis to ensure compensation packages align with global industry standards and company objectives.
  • Administer and manage global benefits programs, ensuring consistency and competitiveness across regions while aligning with employee needs and organizational goals.
  • Provide 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 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 proven 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 designing and managing benefits packages across different regions.
  • Exceptional analytical skills, including data modeling, statistical analysis, and advanced Excel functions.
  • Expertise in creating and presenting high-level PowerPoint presentations for executive audiences.
  • 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.

Benefits:

The ideal candidate will have a strong understanding of global compensation regulations and compliance requirements, as well as experience in implementing and managing global compensation tools and software.

AVASO Technology Solutions is an equal opportunities employer.

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