DGM - Total Rewards

Job Description

Role Purpose: Design and direct the execution of a comprehensive Compensation, Benefits and Performance Management strategy for Ashirvad in order to build a culture of high performance and ensure competitiveness and parity in rewards. Key Responsibilities/Accountabilities: Compensation & Benefits: Design compensation & benefit structures to address the needs of employees after adequate research of compensation benchmarking data from market. Devise benefits, perks and allowances based on internal bands and grades and review it periodically to ensure the benefits remain attractive. Ensure timely and clear communication on increments and bonuses. Oversee the administration of key reward processes like – annual compensation review, variable pay, sales incentive plan, rewards grievances handling etc. by providing common framework, protocols and procedures across the organization. Ensure compliance with all rewards processes, both internal and external. Provide expert advice on policy interpretation and implementation for day-to-day rewards operations. Design of sales incentives and incentives for rest of organization followed by implementation and communications of initiatives. Ensure Employee benefits practices like insurance is in line with best in industry and support in policy Cascade and adoption. HR Budget: Responsible for Managing the HR Budgets (AOP) including the manpower planning and ensure Headcount and costs are in control through periodic tracking of Budget Vs Actuals. Accountable for setting up governance and effective control mechanisms in all HR life cycle processes and Policies HRMS /BOT Management: Manage the existing HRMS system and suggest improvements and enhancements as per business requirements. Lead the workday Implementation project in India. Responsible for Management of next generation employee engagement applications like HR BOT and devise mechanisms for people adoption and engagement. Data Management and HR Analytics: Act as the custodian of Employee master data. Devise process mechanisms and process for stakeholders' awareness and ensure data accuracy. Analyse people data and publish people analytics dashboards and metrics with meaningful insights relevant to HR focus areas. Audit : Manage Audits Internal & External Audit- financial and process compliance, ensure zero observations and compliance. Role Specifications Educational Qualification : Graduate with a PG degree / diploma in Human Resource Management or an MBA Years/type of experience : 12+ years of experience working in Human Resources, with significant experience implementation of performance management systems, design of compensation and benefits framework Technical Skills/Knowledge : Understanding of HR processes and systems, Knowledge of rewards philosophy and principles. Knowledge of statutory compliance with respect to PF and claims settlement Interpersonal Skills Analytical Skills Language : Fluent in English