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

Team Member - HR COE ( Rewards )

Piramal GroupMumbai, Maharashtra, India
6 days 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

    Create a job alert for this search

    Team Member • Mumbai, Maharashtra, India

    Related jobs
    • Promoted
    Audit Associate

    Audit Associate

    IRIS Centre of Excellence - IndiaThane, IN
    We are excited to announce a job opportunity at.If you are a dynamic professional with strong coordination skills, a passion for auditing, and a keen interest and experience in UK Auditing, we woul...Show moreLast updated: 30+ days ago
    • Promoted
    Team Member-HR Operations-SUPPORT SERVICES-HR-Colleague Services 360

    Team Member-HR Operations-SUPPORT SERVICES-HR-Colleague Services 360

    ConfidentialMumbai, India
    Leave Attendance Coordinator / HR Executive - Leave Management.Maintain and update employee leave records in HRMS or attendance systems. Process leave applications and ensure proper approvals.Handle...Show moreLast updated: 8 days ago
    • Promoted
    Outreach Associate

    Outreach Associate

    Grow Your StaffMumbai, 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
    Human Resources Payroll Assistant

    Human Resources Payroll Assistant

    CurefoodsThane, IN
    Curefoods (EatFit) is a company that incubates food brands and operates state-of-the-art cloud kitchens & Dine-ins with a focus on making honest food that customers love. We aim to democratize acces...Show moreLast updated: 3 days ago
    • Promoted
    Senior Specialist- Payroll & Total Rewards

    Senior Specialist- Payroll & Total Rewards

    Radixmumbai, maharashtra, in
    Senior Specialist– Payroll & Total Rewards.Total Rewards Lead in building scalable, data-driven reward programs.You’ll be accountable for running and improving payroll and benefits across.India, UA...Show moreLast updated: 30+ days ago
    • Promoted
    HR - Recruiting Intern

    HR - Recruiting Intern

    Proceduredombivli, maharashtra, in
    We are looking for a curious, enthusiastic, and result-oriented intern to become a vital part of our growing.We are a product development company established in early 2017.Before we dive into the j...Show moreLast updated: 7 days ago
    • Promoted
    HR Team Member

    HR Team Member

    ConfidentialMumbai
    Coordinate with hiring managers and candidates for smooth interview processes.Handle onboarding activities such as.Ensure accurate entry of data in HRMS or HR software. Track employee attendance and...Show moreLast updated: 8 days ago
    • Promoted
    Member of the Board of Advisors

    Member of the Board of Advisors

    SAPLdombivli, maharashtra, in
    Join the Board of Advisors at STEAM-IE! 🌟.Are you a visionary leader passionate about revolutionizing education through technology? Do you have strong connections in the investment community, expe...Show moreLast updated: 30+ days ago
    • Promoted
    Independent Recruiter (Revenue Sharing Model)

    Independent Recruiter (Revenue Sharing Model)

    Olibr – Free Job Community Platformdombivli, maharashtra, in
    Indian talent using AI-powered tools and automation.We’re now opening our platform to.WE ARE HERE TO SUPPORT YOU WITH YOUR CLOSINGS • •. REQUIRED : YOU MUST HAVE YOUR OWN CLIENTS AND REQUIREMENTS TO WO...Show moreLast updated: 3 days ago
    • Promoted
    Manager Total Rewards

    Manager Total Rewards

    FMCGThane, IN
    Compensation Strategy & Design : -.Develop, implement, and manage compensation structures (fixed, variable, incentives, retention plans) aligned with business objectives and market competitiveness.Co...Show moreLast updated: 25 days ago
    • Promoted
    Sr. Team Member - Insurance Compliance Auditor

    Sr. Team Member - Insurance Compliance Auditor

    Star Union Dai-ichi Life Insurance Company Limitednavi mumbai, maharashtra, in
    The person will be responsible for conducting independent compliance-based process audits and reviews of the internal dept. IRDAI and other regulatory regulations, as well as internal policies and p...Show moreLast updated: 30+ days ago
    • Promoted
    Hiring for AVP- HR Operations

    Hiring for AVP- HR Operations

    Talent Toppersmumbai, maharashtra, in
    The candidate will be responsible for ensuring smooth day-to-day HR operations, while also working closely with leadership to design and execute long-term people strategies.HRIS, compliance, and po...Show moreLast updated: 30+ days ago
    • Promoted
    Sr. Team Member - Content Management

    Sr. Team Member - Content Management

    Star Union Dai-ichi Life Insurance Company Limitedmumbai, maharashtra, in
    You will be responsible for crafting impactful storytelling, leading brand campaigns, and driving content-led marketing initiatives for. You will work at the intersection of.Customer Engagement & Co...Show moreLast updated: 25 days ago
    • Promoted
    Team Member - HR COE ( Rewards )

    Team Member - HR COE ( Rewards )

    Piramal Groupmumbai, maharashtra, in
    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: 7 days ago
    • Promoted
    Corporate Sales Associate

    Corporate Sales Associate

    Healthywayfit.Kalyan-Dombivli, IN
    Empowering Lives Through Diabetes Reversal.At Healthywayfit, we specialise in transforming the lives of busy professionals through personalised, evidence-based diabetes reversal programs.Our holist...Show moreLast updated: 7 days ago
    Rewards COE

    Rewards COE

    ScaleneWorksMumbai, Maharashtra, India
    Quick Apply
    Create and maintain comprehensive monthly, quarterly, and annual dashboards that track key compensation metrics, trends, and benchmarks. Collaborate with cross-functional teams to gather relevant da...Show moreLast updated: 30+ days ago
    • Promoted
    Clinical Admin Associate (Back-Office, UK Shift)

    Clinical Admin Associate (Back-Office, UK Shift)

    Script AssistKalyan-Dombivli, IN
    Clinical Admin Associate (Back-Office, UK Shift).Remote (India) | 🏥 Hospitals & Health Care | 🕒 Full-time (UK hours) | 💰. Medical scribes, hospital admin, pharmacy back-office, RCM / claims back-of...Show moreLast updated: 25 days ago
    • Promoted
    Sr. Team Member - TA & Employer Branding

    Sr. Team Member - TA & Employer Branding

    Star Union Dai-ichi Life Insurance Company Limitedmumbai, maharashtra, in
    Evangelize Employer Branding and increase the Organization Effectiveness for SUD Life.Develop and Administer Social Media strategies on LinkedIn, Ambition Box, Glassdoor, etc.SUD Life brand as an “...Show moreLast updated: 11 days ago
    • Promoted
    Human Resources Intern

    Human Resources Intern

    ZafifyKalyan-Dombivli, 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
    HR Manager (Remote, EST Hours)

    HR Manager (Remote, EST Hours)

    2Creative Solutions LtdThane, IN
    Remote
    Before applying, answer these 3 questions in your application (mandatory) : .HR leadership (preferably IT / consulting firms)?. Can you work 5 days a week, aligned to.IT solutions that help our clients ...Show moreLast updated: 19 days ago