Rewards COE

1 day ago

Mumbai, Maharashtra, India LeanFlo Inc. Full time ₹ 6,00,000 - ₹ 12,00,000 per year

THE ROLE

INCLUSION

EXPERIENCE IN CORE C&B FUCNTION / COE IS MANDATORY

EXCLUSION

WE WILL NOT BE ABLE TO CONSIDER APPLICANTS WITH EXPERIENCE IN BU-HR / HRBP / TALENT ACQUISITION FUNCTIONS

  • The purpose of the Leadership and Rewards is to enhance the Firms capability through the alignment of Strategy, Structure, Leadership, Rewards, Metrics, and Management Processes.
  • The function is responsible for improving the Firms capability through the areas of Rewards, Performance Strategy and Organization Effectiveness.

Span of Control :

  • Be the custodian of Compensation and Benefits repository, benchmarking and models, across levels, functions, practices and locations.

Qualification :

  • MBA / Graduate from Tier 1 institute

    Post Qualification Experience: 2+ years in Compensation and Benefits COE
  • Reporting to : Senior Manager - Rewards

JOB RESPONSIBILITIES

The incumbent will primarily be in charge of:

  • Maintain and update data repository of all Rewards information.
  • Maintain pay ranges across levels and functions.
  • Make pay recommendations during hiring and annual increment cycles.
  • Liaise with HR Operations and Finance for Rewards and Payroll processes.
  • Deploy statistical and visualization techniques for extensive model testing.
  • Enable compensation benchmarking initiatives.
  • Drive initiatives such as Benefits Utilization and Flexible Pay Structure (for Tax Efficiency).
  • Clarify Rewards related queries with HRBPs and at time, with members.
  • Embed Total Rewards approach in all relevant communication.

CANDIDATE PROFILE

EDUCATION AND PRIOR EXPERIENCE

  • MBA / Tier A Graduate with 2-4 years experience
  • Experience in Rewards CoE / Rewards Consulting is a huge advantage
  • Experience in Offshored Rewards Team in Global Capability Centres
  • Experience in Operations Team in Rewards Consulting Firms such as Aon, Mercer and Willis Towers Watson

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