Global Compensation Strategist

2 weeks ago

Mohali, Punjab, India beBeeCompensation Full time ₹ 2,00,00,000 - ₹ 2,50,00,000
Job Title:Strategic Compensation Leader
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About the Role:

We are seeking a highly skilled and strategic leader to develop and execute a comprehensive global compensation strategy, ensuring alignment with business goals and competitive market practices.

The successful candidate will need strong analytical skills, advanced Excel proficiency, and excellent communication abilities to deliver actionable insights and communicate effectively with senior leadership.

Key Responsibilities:

  • Lead the design, development, and implementation of a global compensation framework and strategy.
  • Oversee the creation and continuous improvement of differentiated rewards programs, including short-term incentives (STIPs) and long-term incentives (LTIPs).
  • 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 the company remains competitive in attracting and retaining top talent.
  • Provide detailed analytical support and insights for compensation planning, budgeting, and forecasting, including the preparation of 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.
  • Lead the communication of total rewards programs to employees, ensuring clarity, understanding, and alignment with organizational culture.
  • Ensure compliance with all local, national, and international compensation regulations, and monitor any legislative changes that may impact compensation and benefits programs.

Required Skills and Qualifications:

  • 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.
  • Exceptional analytical skills, including experience in data modeling, statistical analysis, and advanced Excel functions.
  • Expertise in creating and presenting high-level PowerPoint presentations for executive audiences, with the ability to clearly communicate complex data and insights.
  • Experience in developing compensation surveys and costing models, with the ability to provide 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, with the ability to work with cross-functional teams and present 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 qualifications.
  • Masters degree in Human Resources, Business Administration, or a related field.
  • Relevant certifications in compensation, benefits, or total rewards (e.g., CCP, GRP) are highly desirable.

Benefits:

Competitive salary and benefits package, opportunities for professional growth and development, and a dynamic work environment.

Others:

Avaso is an equal employment opportunity employer, committed to diversity and inclusion in the workplace.

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