Senior Manager Total Rewards

6 days ago

Mumbai, Maharashtra, India Piramal Pharma Ltd Full time US$ 9,00,000 - US$ 12,00,000 per year

Objective: Support total rewards community of excellence for Piramal Pharma Limited even as we grow organically and inorganically to ensure superlative employees experience

KEY STAKEHOLDERS: INTERNAL


•Corporate HR Team,


•Senior Leadership Team,


•Business HRs

KEY STAKEHOLDERS: EXTERNAL

Consultants and various service providers

EXPERIENCE:

3 to 5 years of experience in Compensation & Benefits

SKILLS

AND COMPETENCIES


•Experience in job analysis/evaluation, market benchmarking, C&B policies, year end annual review

cycle etc.


•Exposure to managing senior level compensation (possibly with some understanding of stock option plans), regulatory issues etc.


•Exposure to comp interventions like retention, guarantees, buy back etc. is desirable but not

essential.


•Experience in Global Mobility & Compensation preferred

KEY ROLES/RESPONSIBILITIES:

Compensation & Benefits:


•Design, develop & implement Global Rewards solutions for all businesses.


•Ensure Competitiveness of Reward Programmes , design the reward p hilosophy and keep it contemporary. Ensure comprehensive compensation benchmarking and alignment of compensation structures.


•Undertake benefits and best practices in rewards benchmarking in India and other countries

like US, Canada, UK and European Markets.


•Design innovative rewards programmes to enhance the Piramal's EVP and instill a Performance culture.


•Revamping Recognition Programme . Sales incentive redesign, retention Plan for top performers and critical talent, etc


•Liaise with external agencies such as Aon Hewitt, Mercer, Towers Watson etc. To conduct market assessments/ benchmarking and compensation consulting in line with business needs.


•Responsible for proposing and executing change with respect to C&B policies and guidelines

Performance Management:


•Reviewing and redesigning the Performance Management process in alignment with best industry practices and driving Performance Driven culture in alignment to our vision.


•Responsible for managing the KRA setting process, mid year review and year end annual review cycle as process custodian, working closely with Business HR to ensure that process standardization and timeline adherence is achieved.


•Publish the Goals & STI Setting Calendar, Facilitate Quality Audit of Goals & STIs Sheets within timelines


•Planning and implementing Corporate Training Calendar with respect to PMS implementation and guidelines. And the requisite cascades/ communication is as per plan


•Process Champion for the Online Performance Appraisal process of the organization. Responsibilities include inducting employees on the appraisal process, developing an online system, assisting managers with implementation of the process, conducting calibration meetings with HOD's and handling employee's queries and anxieties


•Creating Competency framework and responsible for job analysis/ evaluation as and when required for new positions/ promotions/ ungraded roles etc.


•Job Analysis Workshops; Evaluation of jobs using Mercers methodology.


•Partner with Business Hr and Business Heads for initial diagnosis assessment existing Organization Structure & grades; Analysis of job roles (Job Analysis), design new or modify existing structures/ grades to align with business needs. Identification of critical resources.

  • Senior Total Rewards Specialist

    1 week ago

    Mumbai, Maharashtra, India Etraveli Group Full time ₹ 8,00,000 - ₹ 12,00,000 per year

    Etraveli Group is the globally leading company for tech solutions and fulfillment capabilities for online sales of flights. We are here to solve complexity, by connecting millions of flights and travelers across the globe, from search and selection to trip and beyond. We hold consumer online travel agency brands like Mytrip, Gotogate & Flightnetwork and...

  • Lead Total Rewards

    1 week ago

    Mumbai, Maharashtra, India Piramal Finance Full time ₹ 15,00,000 - ₹ 28,00,000 per year

    Key Role & Responsibilities:Lead – Total RewardsLead the design, development, and execution of compensation, benefits, and performance Management strategy, encompassing role evaluation, job architecture, performance management, and pay structures.Build and implement reward solutions across Piramal's financial services businesses, including short- and...

  • Total Rewards

    8 hours ago

    Mumbai, Maharashtra, India Tata Consultancy Services (TCS) Full time ₹ 15,00,000 - ₹ 30,00,000 per year

    Provides administrative support to C&B Team. You will play a vital role in supporting the administration and delivery of our total rewards programs, including compensation, benefits, recognition, and other employee rewards. Your expertise will ensure our reward processes are efficient, compliant, and align with our company's strategic objectives.Role...

  • Senior Manager Total Rewards

    4 days ago

    Mumbai, Maharashtra, India Piramal Pharma Limited Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    EXPERIENCE:Minimum 3 to 5 years of experience in Compensation & BenefitsSKILLS AND COMPETENCIESExperience in job analysis/evaluation, market benchmarking, C&B policies, year end annual review cycle etc.Exposure to managing senior level compensation (possibly with some understanding of stock option plans), regulatory issues etc.Exposure to comp interventions...

  • Senior Manager Total Rewards

    2 weeks ago

    Mumbai, Maharashtra, India sun pharmaceutical ltd. Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job Description POSITION PURPOSE: Manage the Performance and Rewards responsibilities for assigned countries/businesses within India and 40 countries in Emerging Markets for effective design and implementation of commercial, compliant and business-relevant strategies, policies and programmes, aligned to the overall P&R strategy and policies. The...

  • Senior Total Rewards Representative

    2 weeks ago

    Navi Mumbai, Maharashtra, India Randstad Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    Role & responsibilitiesIdeal Candidate Profile:Should have direct experience in Benefits or Total Rewards, ideally focused on India.Individual contributor role is requiredRelevant exposure to policies such as:National Pension Scheme (NPS)Provident Fund (PF)GratuityInsurance policies (e.g., GPA, Accident, Group Life Insurance).Experience handling benefits...

  • Operations Manager – Total Rewards

    1 week ago

    Navi Mumbai, Maharashtra, India Jio Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Location: Jio Headquarters, Navi MumbaiWork Mode: On-site (Work from office on all working days)Department: Total Rewards (Compensation and Benefits)Reporting To: Head Compensation and BenefitsRole Overview:We are seeking a seasoned Operations Lead to manage and streamline day-to-day operations within the Total Rewards function. This role is pivotal in...

  • Operations Manager – Total Rewards

    14 hours ago

    Navi Mumbai, Maharashtra, India Jio Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Location: Jio Headquarters, Navi MumbaiWork Mode: On-site (Work from office on all working days)Department: Total Rewards (Compensation and Benefits)Reporting To: Head – Compensation and BenefitsRole Overview:We are seeking a seasoned Operations Lead to manage and streamline day-to-day operations within the Total Rewards function. This role is pivotal in...

  • Total Rewards

    1 week ago

    Mumbai, Maharashtra, India Nomura Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Role & responsibilitiesDevelop and demonstrate good knowledge of Business lines and productsOverall planning and execution of Year End Compensation exerciseProvide YE analytics & data managementDevelop training and communication materials for the implementation of Year End Compensation exercise and other local compensation programsProvide market and job...

  • Total Rewards Specialist

    3 days ago

    Navi Mumbai, Maharashtra, India Randstad Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Role & responsibilitiesShould have direct experience in Benefits or Total Rewards, ideally focused on India.Individual contributor role is requiredRelevant exposure to policies such as:National Pension Scheme (NPS)Provident Fund (PF)GratuityInsurance policies (e.g., GPA, Accident, Group Life Insurance).Experience handling benefits renewals (e.g., medical...