Dgm - Total Rewards

10 hours ago

Karnataka, India Ashirvad Pipes Private Limited Full time

**Role Purpose**:
Design and direct the execution of a comprehensive Compensation, Benefits and Performance Management strategy for Ashirvad in order to build a culture of high performance and ensure competitiveness and parity in rewards.

**Key Responsibilities/Accountabilities**:
**Compensation & Benefits**:

- Design compensation & benefit structures to address the needs of employees after adequate research of compensation benchmarking data from market.
- Devise benefits, perks and allowances based on internal bands and grades and review it periodically to ensure the benefits remain attractive.
- Ensure timely and clear communication on increments and bonuses.
- Oversee the administration of key reward processes like - annual compensation review, variable pay, sales incentive plan, rewards grievances handling etc. by providing common framework, protocols and procedures across the organization.
- Ensure compliance with all rewards processes, both internal and external.
- Provide expert advice on policy interpretation and implementation for day-to-day rewards operations.
- Design of sales incentives and incentives for rest of organization followed by implementation and communications of initiatives.
- Ensure Employee benefits practices like insurance is in line with best in industry and support in policy Cascade and adoption.

**HR Budget**:

- Responsible for Managing the HR Budgets (AOP) including the manpower planning and ensure Headcount and costs are in control through periodic tracking of Budget Vs Actuals.
- Accountable for setting up governance and effective control mechanisms in all HR life cycle processes and Policies

**HRMS /BOT Management**:

- Manage the existing HRMS system and suggest improvements and enhancements as per business requirements.
- Lead the workday Implementation project in India.

**Data Management and HR Analytics**:

- Act as the custodian of Employee master data. Devise process mechanisms and process for stakeholders' awareness and ensure data accuracy.
- Analyse people data and publish people analytics dashboards and metrics with meaningful insights relevant to HR focus areas.

**Audit**:
Manage Audits Internal & External Audit
- financial and process compliance, ensure zero observations and compliance.

**Role Specifications**
- **Educational Qualification**:
Graduate with a PG degree / diploma in Human Resource Management or an MBA
- **Years/type of**experience**:
12+ years of experience working in Human Resources, with significant experience implementation of performance management systems, design of compensation and benefits framework
- **Technical Skills/Knowledge**:

- Understanding of HR processes and systems, Knowledge of rewards philosophy and principles.
- Knowledge of statutory compliance with respect to PF and claims settlement
- Interpersonal Skills
- Analytical Skills
- **Language**: Fluent in English

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