Sr Benefits Business Partner Target Corporation India Pvt. Ltd. India
2 weeks ago
About us:
Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. .
Working at Target means the opportunity to help all families discover the joy of everyday life. Caring for our communities is woven into who we are, and we invest in the places we collectively live, work and play. We prioritize relationships, fuel, and develop talent by creating growth opportunities, and succeed as one Target team. At our core, our purpose is ingrained in who we are, what we value, and how we work. It’s how we care, grow, and win together.
Every time a guest enters a Target store or browses Target.com, they experience the impact of Target’s investments in technology and innovation. We’re the technologists behind one of the most loved retail brands, delivering joy to millions of our guests, team members, and communities.
A role with Pay and Benefits is all about the numbers. You’ll produce extensive benchmarking, rigorous market research and benefits analysis to inform the right compensation mix for roles across the company. Your point of view will be directly applied keeping Target competitive and standing out in the sea of other places candidates can choose. You’ll develop great relationships with our vendors to get the most out of our systems and resources. And you’ll help team members understand their benefits and how to maximize them.
As a Fortune 50 company with more than 450,000 team members worldwide, Target is an iconic brand and one of America's leading retailers.
PRINCIPAL DUTIES AND RESPONSIBILITIES
Leads the development and successful implementation of Target in India (TII) Financial Benefits programs that have been conceptualized in conjunction with Pay & Benefits leaders.For example, leading the enhancement and renewal of insurance (flexbenefits) program, leave policy, learning assistance program, daycare program, executive perqs etc.
Works in partnership with TII Pay & Benefits partners to build consensus and support for the India financial benefits Strategy. Develops the approach for administering and monitoring financial benefits programs for Target in India. Builds and manages relationships with local benefits consultants, vendors and peers. Looks for innovative ways to maximize the value that Target India receives from these relationships. Works with Leaders, HRBPs and Talent Acquisition to effectively communicate Target India’s financial benefits philosophy and educate team members on the value of Total Rewards Manages and monitors benefits and wellbeing processes and toolsOTHER REQUIREMENTS
Experienced graduate in any discipline or MBA from any business school Prior experience of 5+ years in the employee benefits space, preferably from a Technology/ITES or eCommerce organization. Experience in vendor assessment, vendor relationship management, contracting and process design/governance. Established network of peers in competitor organizations. Awareness of market landscape and practices specifically in the area of benefits. Strong on project management and problem-solving.-
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