Chief Reward Officer

3 days ago

Vijayawada, Andhra Pradesh, India beBeeCompensation Full time ₹ 1,54,98,000 - ₹ 2,13,42,000
Senior Manager – Total Rewards/C&B

Lead the development and implementation of comprehensive total rewards strategies that align with organizational goals. Drive strategic decision-making by leveraging data-driven insights and market analysis.

  • Key Responsibilities:
  • Design, implement, and communicate total rewards strategies to drive business outcomes.
  • Develop and manage compensation structures, pay ranges, and benchmarking exercises using internal equity principles and market data.
  • Conduct detailed manpower planning in collaboration with talent acquisition and business partners to ensure cross-functional alignment.
  • Partner with external consultants to manage compensation benchmarking, surveys, and best practice reviews.
  • Own the annual performance-linked bonus and salary revision cycles, including system readiness, communication frameworks, and payout governance.
  • Support HRBP teams and leaders with C&B advisory, job evaluations, and compensation structuring for offers and promotions.
  • Ensure compliance with reward governance policies and applicable statutory requirements.
  • Key Requirements:
  • 6–8 years of experience in Compensation & Benefits / Rewards / HR Analytics, preferably in the BFSI sector.
  • Postgraduate degree in HR / MBA from a recognized institute.
  • Deep understanding of manpower planning, AOP, total rewards, C&B frameworks, and incentive design.
  • Strong analytical and numerical ability with proficiency in Excel, PowerPoint, HR dashboards, and compensation tools.
  • Experience in handling large data sets, deriving insights, and presenting to senior leadership.
  • Ability to work cross-functionally, manage multiple stakeholders, and maintain high attention to detail.

Rewards include competitive salaries, comprehensive benefits packages, opportunities for professional growth, and recognition of individual contributions.

• Flexible working arrangements and wellness programs support work-life balance and overall well-being.

• Develop skills through continuous learning and professional development opportunities.

• Collaborate with diverse teams to achieve shared goals and drive business success.

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