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Morningstar
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Director, Total Rewards

Director, Total Rewards

Morningstar

15 - 20 years

15 - 20 Lacs

Navi Mumbai Maharashtra India

Posted:9 hours ago| Platform: Foundit logo

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Skills Required

Hrms Analytics Compensation And Benefits Benchmarking performance management

Work Mode

Remote

Job Type

Full Time

Job Description

Role: Director Total Rewards

Location:

The Team:

The Compensation and Total Rewards team, within the broader People & Culture function, supports strategic and operational direction and execution for P&C's compensation and benefit programs/activities.
The team is responsible for ensuring competitive market positioning while ensuring fair and equitable practices.
Supports and participates in global decision-making for current and future programs and requirements.

The Role:

Lead and transform the Total Rewards team in India.
Responsible for the design, implementation, and consultation on reward programs.
Work closely with global and local P&C leaders across domains.
Ensure India-specific employee benefits are competitive.
Actively participate in global initiatives to improve processes and enhance employee experience.

Responsibilities:

Advocate Morningstar Total Rewards Philosophy across the organization.
Serve as the primary contact for Total Rewards management in India.
Research, analyze, and evaluate compensation and benefits practices.
Benchmark compensation and recommend changes to ensure fairness.
Design and conduct training sessions on compensation topics.
Mentor and strengthen the local Rewards team.
Transform processes via automation or streamlining.
Collaborate with Global Rewards team on initiatives and budgeting.
Drive and support compensation review processes and communication.
Establish and support job leveling, benchmarking, and manager education.
Oversee and innovate benefits programs to build a best-in-class employee experience.

Requirements:

Graduate in HR, Finance, or related field.
15+ years of work experience, with 10+ years in Compensation and Benefits.
Extensive experience in salary surveys, comp reviews, and benefits management.
Proactive, fast learner, and flexible in approach.
Strong consultation and coaching skills across all employee levels.
Excellent analytical and strategic problem-solving skills.
Ability to manage multiple projects and think strategically.
Strong communication and influencing skills.
Proficient in Microsoft Word, Excel, PowerPoint, and HR tools like Workday, HRMS.
Energetic, self-directed, detail-oriented with a positive attitude.

Legal Entity:

I10_MstarIndiaPvtLtd Morningstar India Private Ltd. (Delhi)

Work Environment:

Morningstar's hybrid environment allows remote work and regular in-person collaboration (typically three days a week). Flexible benefits and resources are available to stay engaged with global colleagues.

Morningstar is an equal opportunity employer.

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