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Manager Total Rewards

Manager Total Rewards

FMCGmumbai, maharashtra, in
26 days ago
Job description

Compensation Strategy & Design : -

Develop, implement, and manage compensation structures (fixed, variable, incentives, retention plans) aligned with business objectives and market competitiveness.

Conduct benchmarking, salary surveys, and market analysis to ensure internal equity and external competitiveness.

Benefits Administration : -

Design and manage employee benefits programs (health, insurance, retirement, wellness, etc.).

Evaluate effectiveness of benefits and recommend changes in line with employee needs and cost optimization.

Performance & Rewards : -

Drive annual compensation review cycles (increments, promotions, and bonus payouts).

Partner with business leaders and HRBPs to ensure fair, transparent, and performance-driven reward systems.

Policy & Compliance : -

Ensure compliance with statutory requirements, labor laws, and company policies.

Maintain governance and documentation for compensation & benefits programs.

Analytics & Reporting : -

Create dashboards, reports, and insights on compensation, benefits utilization, and workforce cost analysis.

Provide recommendations to leadership for strategic decision-making.

Employee Engagement & Communication : -

Communicate reward policies, benefits, and compensation philosophy effectively to employees.

Act as a subject matter expert for employee queries related to pay, benefits, and rewards.

Special Projects : -

Support M&A integration, organization restructuring, and mobility programs from a rewards perspective.

Partner with global / region teams to drive consistency in Total Rewards programs.

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Manager • mumbai, maharashtra, in

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