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Director, Compensation, Benefits, and Analytics

Director, Compensation, Benefits, and Analytics

Kotak Mahindra Prime LimitedRepublic Of India, IN
16 days ago
Job description
  • Performance Management
  • Partner with the BHs, POCs to finalize Scorecards.

    Design and implement PMS for KMPL.

    Responsible for goal setting, role glossary, query resolution, manager reviews, and PRAISE rating closure.

    Collaborate with KMBL Compensation team for annual salary benchmarking and mid-year corrections.

    Lead end-to-end PRAISE moderation

    • Recognition
    • Execute and govern the current Recognition programs

      Design and implement org wide recognition initiatives.

    • Incentive Management
    • Design, optimize, and manage incentive schemes across business.

      Create simulations, presentations, approval workflows, calculators, and communication for new schemes.

      Drive automation of the incentives

      Prepare monthly incentive provisions for Finance. Prepare summaries for representation to COO and MD.

    • Manpower Budgeting & Productivity
    • Finalize annual manpower budgets and ensure adherence across departments.

      Review and publish productivity benchmarks and reports monthly.

      Present productivity insights to Board and BHs.

    • Data & Analytics
    • Act as POC for all headcount-related data requests (RBI, Internal Audit, Risk, Board).

      Design and maintain attrition dashboards and publish relevant cuts for KMPL Board and regulatory bodies.

      Key Skills :

    • 6-10 years experience from Premium Institutes.
    • Strong analytical and data interpretation skills.
    • Expertise in performance management and incentive design.
    • Excellent stakeholder management and communication.
    • Proficiency in HRMS tools and dashboarding.
    • Ability to manage complex moderation and budgeting processes.
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    Compensation Benefit • Republic Of India, IN

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