Talent.com
This job offer is not available in your country.
▷ (3 Days Left) Team Member - HR COE ( Rewards )

▷ (3 Days Left) Team Member - HR COE ( Rewards )

Piramal GroupIndia
12 hours ago
Job description

The HR CoE – Rewards team is responsible for designing and managing total rewards strategies that align with business objectives and drive employee engagement for Piramal Retail Finance. The role will focus on designing and executing frameworks for annual headcount budgeting, variable pay programs, compensation benchmarking, and managing the performance management lifecycle in alignment with organizational goals. It will also support policy development and pay equity analysis to ensure competitive, fair, and compliant compensation practices across the organization.

Key Responsibilities :

1. Headcount & Budget Planning

  • Drive the annual workforce planning and headcount budgeting process in collaboration with Business Heads, HRBPs and Finance
  • Analyze manpower trends, provide insights, and ensure alignment with business goals
  • Create and manage dashboards for tracking of headcount vs. budget

2. Compensation & Benefits Strategy

  • Design and implement the annual compensation review process, including salary increments, promotions, and off-cycle corrections.
  • Administer the variable pay (incentive / bonus) program – from design to payout execution, ensuring alignment with performance frameworks.
  • Conduct job evaluations and manage internal pay bands and structures.

    • 3. Market Benchmarking

  • Lead the market benchmarking process through compensation surveys and external data sources.
  • Analyze industry trends to ensure competitive positioning and make recommendations on pay mix, benefits, and total rewards strategy.

    • 4. Rewards Analytics & Governance

  • Generate actionable insights from compensation data, performance ratings, and external benchmarks.
  • Track and analyze compensation costs (e.g., CTC to revenue, cost per hire).
  • Support pay equity reviews, gender parity analysis, and compliance with local labor laws and internal guidelines.

    • 5. Policy & Program Design

  • Develop and periodically review compensation, incentive, and performance policies.
  • Handle exceptions and special cases related to compensation, ensuring alignment with company philosophy and governance norms.

    • 6. Performance Management System (PMS)

  • Design and manage the end-to-end Performance Management process, including goal setting and annual appraisals.
  • Partner with HRBPs and business leaders to ensure timely and effective implementation of the PMS cycle.
  • Support calibration discussions, normalize ratings, and drive a performance culture.
  • Provide analytics and insights on performance ratings, distribution, and alignment to rewards decisions.

    • Qualifications & Experience :

  • MBA / PGDM in HR or equivalent
  • 1-2 years of experience in Compensation & Benefits / HR CoE roles
  • Strong understanding of rewards frameworks, compensation modelling, and budgeting
  • Proficient in MS Excel and understanding of HR systems and ability to handle large data sets
  • Familiarity with HR tools and PowerBI is an advantage

    • Skills & Competencies :

  • Strategic thinking with a strong understanding of HR and business alignment
  • Excellent analytical and data interpretation skills
  • Strong interpersonal and communication skills to influence stakeholders
  • Bias for structure, clarity, and process orientation

    • Please apply on Sonal.joshi2@piramal.com

    Create a job alert for this search

    Days Left • India

    Related jobs
    • Promoted
    Outreach Associate

    Outreach Associate

    Grow Your StaffNagpur, IN
    Grow Your Staff is looking for a.This is a part-time opportunity.This role is ideal for students, freshers, or professionals looking to gain experience in outreach and sales with minimal time commi...Show moreLast updated: 30+ days ago
    • Promoted
    Assistant Coach

    Assistant Coach

    Immanuel WilliamsNagpur, IN
    Assists the Personal Coach, by smartly and efficiently executing tasks and responsibilities, in Client accountability and Learning & Development initiatives for overall Business Excellence.This inc...Show moreLast updated: 10 days ago
    • Promoted
    HR Executive – Fresher Role at Innodata Inc.

    HR Executive – Fresher Role at Innodata Inc.

    Innodata Inc.Nagpur, IN
    We’re Hiring! | HR Executive – Fresher Role at Innodata Inc.Location : Noida | 🏢 On-site | 🚀 Immediate Joiner.Are you a recent graduate or fresher with a passion for Human Resources and recruitmen...Show moreLast updated: 15 days ago
    • Promoted
    Assistant Media Planner

    Assistant Media Planner

    Brandstory 25Nagpur, IN
    EXCITING OPPORTUNITY AT BRANDSTORY INDIA 20 🌟.Develop and execute media strategies.Manage campaigns across digital platforms. Collaborate with creative teams and external partners.Monitor, report, ...Show moreLast updated: 17 days ago
    • Promoted
    Chief Alpha Hunter (Beta)

    Chief Alpha Hunter (Beta)

    Wizzer AdvisorTechNagpur, IN
    Wizzer is a next-gen trading terminal where code becomes capital.Build an algo strategy in plain English or code, backtest, deploy, trade, and publish—all in one flow. Built with a SEBI-first mindse...Show moreLast updated: 5 days ago
    • Promoted
    Paid Media Strategist - United States Market(Remote)

    Paid Media Strategist - United States Market(Remote)

    Pulse AdvertisingNagpur, IN
    Remote
    Partner with one of the top digital marketing influencers.Specifically - You BOTH develop paid media strategy and hands on media buying to help clients MAKE THE MOST MONEY from their ads from strat...Show moreLast updated: 16 days ago
    • Promoted
    Talent Acquisition Manager

    Talent Acquisition Manager

    ZentoroNagpur, IN
    For 5+ years, Zentoro has been connecting the right people to the right opportunities across IT & Non-IT sectors in India. Talent Acquisition Manager / HR Manager and Recruiters.Drive end-to-end recru...Show moreLast updated: 30+ days ago
    • Promoted
    Associate – Manager / AVP - HR – Total Rewards (Compensation)

    Associate – Manager / AVP - HR – Total Rewards (Compensation)

    Randstad India Pvt LtdIndia
    Develop and demonstrate good knowledge of Business lines and products ▪ Overall planning and execution of Year End Compensation exercise ▪ Provide YE analytics & data management ▪ Develop training ...Show moreLast updated: 5 days ago
    • Promoted
    SME Workday Advanced Compensation (BIRT / India payroll)

    SME Workday Advanced Compensation (BIRT / India payroll)

    KPG99 INCNagpur, IN
    POSITION Workday Advanced Compensation Consultant.LOCATION Offshore Remote –India (Must Live in India only no Outside candidate will be considered). Workday Compensation / Advanced Compensation.Strong...Show moreLast updated: 1 day ago
    • Promoted
    SAP HCM UK Payroll

    SAP HCM UK Payroll

    StradaNagpur, IN
    Join us on a journey of endless possibilities.At Strada, possibility isn’t just a promise – it’s the foundation of everything we do. We believe in unlocking potential for every colleague, creating a...Show moreLast updated: 16 days ago
    • Promoted
    Human Resources Business Partner

    Human Resources Business Partner

    Kara HealthcareNagpur, IN
    Human Resources Business Partner.Learn more about our CEO and click here : .We believe every resident deserves dignity, choice, and independence. Our mission is to provide a friendly, safe, and suppor...Show moreLast updated: 9 days ago
    • Promoted
    Deferred Compensation Lead

    Deferred Compensation Lead

    WTWNagpur, IN
    Description for Internal Candidates.We are seeking a highly experienced Compensation profession to lead implementation of our Expanded Share Ownership strategy. Sitting within the Total Rewards func...Show moreLast updated: 27 days ago
    • Promoted
    Senior Inside Sales Associate (2-5 yrs experience)

    Senior Inside Sales Associate (2-5 yrs experience)

    danamojo.orgNagpur, IN
    Compliance-First Payment Solutions Platform.NGOs to collect donations and manage donor relationships.We provide complete and holistic donation management systems to NGOs to collect and manage donat...Show moreLast updated: 17 days ago
    • Promoted
    R&D Psychometrician – Talent Assessment & AI Tools

    R&D Psychometrician – Talent Assessment & AI Tools

    Central TestNagpur, IN
    Central Test is an international publisher of predictive talent assessment solutions, trusted by over 4,000 clients in 80+ countries. We develop innovative and scientifically validated tools that he...Show moreLast updated: 30+ days ago
    • Promoted
    Team leader International Pr

    Team leader International Pr

    AltisourceNagpur, IN
    Job Title : Team Leader – Voice Process (International BPO).The Team Leader – Voice Process is responsible for managing a team of customer service representatives handling inbound and outbound voice...Show moreLast updated: 17 days ago
    • Promoted
    • New!
    ▷ Urgent Search! Team Member - HR COE ( Rewards )

    ▷ Urgent Search! Team Member - HR COE ( Rewards )

    Piramal GroupIndia
    The HR CoE – Rewards team is responsible for designing and managing total rewards strategies that align with business objectives and drive employee engagement for Piramal Retail Finance.The role wi...Show moreLast updated: less than 1 hour ago
    • Promoted
    Human Resources Intern

    Human Resources Intern

    ZafifyNagpur, IN
    Working Days : Monday to Saturday.We’re looking for a proactive HR Intern to support our recruitment and HR operations.This internship offers hands-on exposure to real-time HR practices in a dynamic...Show moreLast updated: 30+ days ago
    • Promoted
    Team Member - HR COE ( Rewards )

    Team Member - HR COE ( Rewards )

    Piramal GroupIndia
    The HR CoE – Rewards team is responsible for designing and managing total rewards strategies that align with business objectives and drive employee engagement for Piramal Retail Finance.The role wi...Show moreLast updated: 17 days ago
    • Promoted
    Human Resources Manager

    Human Resources Manager

    IndrajaalNagpur, IN
    Manager – HR Operations & People Culture.In a world where drone attacks on critical infrastructure, embassies, and defense assets are escalating, Indrajaal stands as a game-changing shield.Indrajaa...Show moreLast updated: 5 days ago
    • Promoted
    User Acquisition Specialist (Remote : India)

    User Acquisition Specialist (Remote : India)

    CleverXNagpur, IN
    Remote
    CleverX is an AI-powered research platform that connects researchers to participants for online surveys, interviews and product testing. CleverX is one of the leading companies in it's space with of...Show moreLast updated: 30+ days ago