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Director, Total Rewards

Director, Total Rewards

Morningstar

10 - 15 years

0 Lacs

maharashtra

Posted:3 days ago| Platform: Shine logo

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Skills Required

compensation benefits market intelligence employee benefits consultation analytical skills project management communication skills microsoft word microsoft excel microsoft powerpoint workday hrms total rewards hr tools

Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: As the Director of Total Rewards at Morningstar based in Vashi, Navi Mumbai, you will lead and transform the Compensation and Total Rewards team in India. Your primary focus will be to design, implement, and provide consultation on reward programs to business leaders, P&C leaders, employees, and managers. You will work collaboratively with P&C leaders to develop best practices, processes, and efficiencies in total rewards while ensuring fair market positioning for employee benefits. Key Responsibilities: - Advocate and drive Morningstar Total Rewards Philosophy across the organization by working closely with local leaders and teams. - Research, analyze, and evaluate compensation and benefits practices in India, maintaining a network of contacts and vendors for market intelligence. - Proactively benchmark compensation and benefits internally and in the external market. - Design and conduct training sessions for P&C team, managers, and employees on compensation and total rewards issues, concepts, or processes. Mentor and strengthen the local Rewards team. - Transform processes through automation or streamlining, collaborating with People Technology or Transformation/operations team as needed. - Collaborate with the Global Rewards team on key initiatives such as new programs, budgeting, benchmarking, and Performance Management, representing local needs. - Work closely with regional teams to share best practices and market knowledge. - Oversee benefits programs to innovate, manage consistently, and build a best-in-class Employee Benefits Program. Qualifications Required: - Graduate in human resources, finance, or related field. - 15+ years of work experience with at least 10 years in Compensation and Benefits space. - Extensive experience in compensation and benefits within a commercial organization, including salary surveys, compensation reviews, and benefits management. - Proactive, fast learner, flexible thinker who can operate effectively in a fast-paced environment. - Strong consulting, problem-solving, coaching, and advising skills on total rewards programs. - Excellent numerical and analytical skills for strategic problem-solving. - Track record of managing multiple projects concurrently with strategic-level thinking and hands-on execution. - Excellent communication skills with the ability to influence or lead others. - Proficiency in Microsoft Word, Excel, and PowerPoint, as well as HR Tools like Workday and HRMS. - Positive attitude, energetic, self-directed, well-organized, and detail-oriented.,

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Morningstar

Financial Services

Chicago IL

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Director, Total Rewards