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Reward Manager India
ConfidentialMumbai, India8 days ago
Job descriptionProvide primary interface for Country HR team on all compensation and benefits-related matters. Provide necessary advisory expertise on reward principles for the business, balancing local specifics with global guidelines. Design country reward roadmap and recommend country reward strategy and initiatives. Advise Country HRBP team on job evaluation while ensuring internal equity Support with changes to the structure of programmes. Support in the deployment and implementation of reward policies and processes. Support with the leveraging of innovative technology in solutions to deliver competitive advantage. Conduct and lead market intelligence analysis through salary benchmarking Work closely with procurement and in-house medical consultant on all medical and insurance related benefits Apply Reward policies in an equitable, reasonable, and meritocratic way. Provide (as needed) reporting in all areas of Reward (e.g. to ensure compliance with local legislation, total reward costs, budget reports). Guide to ensure HR teams are equipped to deliver transparent performance and reward communication plans to groups and individuals by delivering communication tools for Reward policies, processes, and tools. Manage execution and on-going policies benefit plans in India Lead and implement the pay review process Support the leadership team with NRC governance & approvals related to compensation of key management professionals, senior leadership personnel Support with the improvement of employee engagement within the organisation using effective Reward technology and communication platforms. Support in the communication of the vision for change for Reward programmes. Review data to measure progress against the planned business case for change and ensure the change is implemented Ability to work with a range of stakeholders – regional teams, country teams, HR teams, unions, and works councils as appropriate. Lead and cascade Reward Communications sessions to the employees (periodical reward cascade sessions) and build capability within the team and among HR community through rolling out of Reward programs
Lead Reward agenda for India
- Ensure reward solutions are aligned / integrated with the Global Reward strategy and other expertise solutions (in Talent, Employer Branding, Performance Management, People Experience etc).
- Use performance management and reward tools for comparative analysis and data interpretation.
- Conduct assessment and evaluation of the costs and benefits of reward packages.
- Review market benchmarking information and recommend interventions basis the same
Business partnering on reward strategy and initiatives
Reward Policies & Processes
Executing Reward Processes
Reward Communications
#TMICC #KWIL
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Skills Required
Data Interpretation, Job Evaluation, Communication Tools
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Reward Manager India • Mumbai, India
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