Director Benefits

2 days ago

Navi Mumbai, Maharashtra, India Employee Forums Full time ₹ 15,00,000 - ₹ 30,00,000 per year

Key Responsibilities:


• Support the implementation and execution of the global compensation strategy across the organization, ensuring alignment with business objectives and regional requirements.


• Conduct comprehensive periodic and ad hoc reward analytics to deliver actionable insights that inform strategic compensation decisions for employees and business units.


• Analyze external market benchmarking survey data and develop competitive pay scales and salary structures to ensure market competitiveness and internal equity.


• Lead the simulation and development of annual budget planning for the rewards function, working closely with the Reward leader to ensure accurate forecasting and resource allocation.


• Drive end-to-end compensation review processes (mid-year and annual cycles), ensuring all reward decisions align with established guidelines, internal equity principles, and budget parameters.

Experience: 8-15 years of experience with atleast 5 years in the rewards space; ideal candidate will have a combination of Consulting + Rewards COE background

Scope: Part of the Company Rewards Team working on design and roll out of strategic reward programs in the space of Benefits, STI, SIP, LTI etc.

Proactively monitors and measures the effectiveness of current reward programs and recommends actions based on detailed analysis and market benchmarks

Designs and executes strategic reward programs such as Sales Incentive plans, Benefits, Variable Plans in line with the company startegy

Serves as a subject-matter-expert with solid understanding of market best practices

Partners with internal / external teams on executing reward programs - facilitating alignment between different stakeholders to achieve common approach and delivery

Critical Functional Competencies Required: Deep Expertise in Total Rewards, Problem Solving, Structured Thinking, Ability to Design Programs from Scratch, Deep Market Understanding, Strong Program Management

Critical Behavioural Competencies Required: Ownership, Collaboration, Never Settle Attitude, Willingness to go Beyond

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