Leadership & Rewards - Senior Executive

23 hours ago


Mumbai, Maharashtra, India Khaitan & Co Full time ₹ 8,00,000 - ₹ 15,00,000 per year

THE ROLE

INCLUSION

EXPERIENCE IN
COMPENSATION CoE / REWARDS Consulting, Research & Analytics
is MANDATORY.

CURRENT COMPENSATION: 8-15 Lacs

EXCLUSION

We will
NOT
b

e able to consider applicants with experience in BU-HR / HRBP / TALENT ACQUISITION functions.

The purpose of the Leadership and Rewards is to enhance the Firm's capability through the alignment of Strategy, Structure, Leadership, Rewards, Metrics, and Management Processes.

The function is responsible for improving the Firm's 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
: 2-4 years in Rewards / Compensation and Benefits COE

Designation:
Senior Executive

Location
: Lower Parel, Mumbai

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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