Lead - Global Rewards & Performance
1 day ago
As a Rewards specialist, you will be responsible to design, implement & manage Group Reward practices
across all global entities
● Performance Management:
o Implementing performance management process to ensure Organization goals are aligned to
individual goals, which involves, process governance, drive strategically aligned goal setting,
support with regular and quality performance conversations
o Train & support managers to effectively manage & evaluate performance and foster high
performance culture in the organization.
o Design and administer programs for annual performance appraisals, increments and bonus
programs.
● Compensation & Benefits Management
o Conduct regular Compensation & benefits benchmarking with competition to ensure we
have competitive advantage in positioning.
o Oversee Employee benefits programs like Insurance offerings, policies, and wellness
initiatives to align with Global standards and Group standards. Regularly review and update
the offerings
o Design and support administration of executive compensation framework in line with
regulations from various country laws/ compliance norms
o Support with compensation proposals for new hires, ensure internal & external parity. Work
closely with Talent Acquisition to drive win-win proposition for Candidates and the
organization
o Be the custodian of Group Reward Principles and guidelines .
● Governance & Budget oversight
o Ensure all compensation and benefits programs comply with local labour laws and
regulations. Stay updated with any legislative changes affecting compensation and benefits.
o Manage the Rewards budget, ensuring cost-effective allocation of resources. Provide regular
financial analysis and reporting to support strategic decision-making. Be the custodian of
People cost, Workforce planning and annual renumeration review process
o Conduct Benefit analysis to ensure ROI and optimization of employee offerings.
o Design HR policy & process framework for the organization considering local compliance,
best market practices & Group guidelines.
● Job Analysis & Evaluation
o Ensure Job Evaluation exercise to determine relative & fair value of different roles.
o Work closely with Business leaders to conduct regular job analysis and design to ensure that
roles are well aligned to organization goals and become a critical input to org design
initiatives. Support group transformation.
o In collaboration with Group Rewards, establish an effective & competitive Job architecture
support future scaling of the organization across various functions
● Collaboration & Communication
o Align with leaders to effectively communicate and implement compensation policies &
practices as per market standards & group guidelines
o Communicate group announcements, conduct trainings, employee debriefings to ensure
group policies & guidelines are effectively implemented in the business unit.
o Leverage skillsets internal stakeholders & external vendors to implement effective reward
programs.
You could be the right candidate if you
● Master's degree in human resources and/or a professional certification related to the field
● Minimum of 3-5 years of overall HR experience, at least 3 years in corporate rewards or reward
consulting role.
● Strong knowledge of compensation principles, market trends, regulatory requirements, and best
practices.
● Experience in global comp domain to design and drive initiatives for global employee base will be a
plus.
● Proven experience designing and implementing comprehensive compensation and rewards programs,
including salary structures, incentive plans, and long-term incentives.
● Excellent analytical skills with the ability to interpret complex data, conduct market research, and
provide data-driven recommendations.
This could be the gig for you if you…
● Thrive in environments that celebrate co-creation and collaboration
● Passionate about building high performance culture through competitive rewads practice.
● Ability to adapt & work in a fast-paced dynamic environment
● Take help from others when stuck and encourage others when there are setbacks
● Always open to embracing change and be able to manage it.
Location: Mumbai. May be required to travel to other locations in and outside India if needed
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