Reward Strategy Manager

6 days ago

Allahabad, Uttar Pradesh, India beBeeCompensation Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

Key Job Responsibilities

  • Develop and execute total rewards strategies to align compensation, benefits, variable pay, and long-term incentives with organizational goals.
  • Lead the annual operating plan process for workforce costs, ensuring cross-functional alignment with finance and business heads.
  • Conduct detailed manpower planning in collaboration with talent acquisition and business partners.
  • Design and manage compensation structures, pay ranges, and benchmarking exercises using market data and internal equity principles.
  • Drive data-driven insights and design dashboards and analytics around rewards, headcount, productivity, and cost trends.
  • 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 human resources business partner teams and leaders with C&B advisory, job evaluations, and compensation structuring for offers and promotions.

Requirements

  • 6–8 years of experience in compensation and benefits / rewards / HR analytics, preferably in the BFSI sector.
  • Postgraduate degree in human resources or a related field from a recognized institution.
  • 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.

What We Offer

  • Dynamic and data-driven environment with opportunities for growth and development.
  • Collaborative team culture with a focus on employee engagement and retention.
  • Competitive compensation and benefits packages aligned with industry standards.

As a dynamic and data-driven professional, you will lead our Total Rewards strategy, driving employee retention and engagement through effective pay practices. You will be responsible for designing and implementing total rewards strategies, leading the annual operating plan process, and conducting detailed manpower planning. If you have 6–8 years of experience in compensation and benefits / rewards / HR analytics, preferably in the BFSI sector, we encourage you to apply for this exciting opportunity.

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