Strategic Rewards Professional

1 day ago

Pune Chennai Hyderabad Secunderabad Telangana, India beBeeCompensation Full time US$ 90,000 - US$ 1,20,000

Job Title: Strategic Rewards Professional

Job Description:

This role is responsible for designing and implementing total rewards programs that drive business results. The successful candidate will have a deep understanding of global compensation and benefits principles, practices, and regulations.

  • Conduct market research to determine competitive compensation and benefits packages.
  • Develop effective relationships with external vendors/consultants and manage timely and cost-effective delivery of solutions and programs.
  • Partner with the Global Total Rewards team to identify appropriate surveys and validate approach to global and local market matching in global database.
  • Initiate and complete specialized analysis on market and internal practices, strategies, and metrics.
  • Collaborate with the Global Total Rewards team on researching, evaluating, and understanding the impact of market and economic trends and recommend adjustments to salary ranges, hiring rates, geographic differentials, salary increase budgets and individual rates.
Required Skills and Qualifications:
  • Bachelors degree in Human Resources, Business Administration, Finance, or a related field.
  • 7+ years demonstrated global compensation and benefits analysis, design, and administration experience required; experience in emerging markets preferred.
  • Fluent in English, proficiency in other languages considered a plus.
Benefits:
  • Maintain and analyze data related to compensation and benefits, generating reports and insights to inform decision-making.
  • Ensure compliance with relevant laws and regulations related to compensation and benefits in various global locations.
  • Communicate total rewards programs and policies to employees, HR business partners, and management providing guidance and training as needed.
Others:
  • May serve as project manager on specified initiatives related to total rewards.
  • Manage relationships with vendors providing compensation and benefits services.
  • Contribute to the development and management of the total rewards budget.

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