Job
Description
At PwC, our people in workforce consulting focus on providing consulting services related to human resources, talent management, and organisational development. They analyse client needs, develop people and organisation strategies. These individuals offer guidance and support to help clients optimise their workforce, enhance employee engagement, and drive organisational effectiveness. Those in rewards and benefits at PwC will specialise in providing comprehensive consulting services related to total rewards, compensation programmes, and employee benefits. You will work closely with clients to analyse their reward and benefits strategies, design competitive and equitable compensation structures, and develop cost-effective and attractive benefits packages. COMPETENCY OVERVIEW: WORKFORCE TRANSFORMATION At PwC, this team of consultants works with their US counterparts to develop both short and long-term Workforce Transformation solutions for our clients. Our practitioners facilitate transformation by conducting strategic change initiatives, designing HR processes, developing, and implementing learning interventions, HR due diligence, post-merger or acquisition, supporting various HR PMO activities, perform actuarial valuations, benchmark rewards and compensation, harmonize benefits, design plans, de-risking strategies and special studies that align with the client’s business strategy. Some Of Our Key Capabilities Include HR Transformation Talent, Change & Behavior (including Learning Solutions) Deals Rewards & Wellbeing Workforce Analytics & Products The WT competency at ACs in India are well established and has been in operations since the past seven years. Core responsibilities as an Associate would entail (but not limited to) Key Responsibilities As a WT practitioner, you will play a key role in helping clients overcome their transformation challenges by developing their compensation strategies through analysis of industry benchmarks, company policies and culture, and employee performance. As part of the team, you will support in preparing compensation structure, job architecture framework, executive pay packages, legal and regulatory requirements, and financial planning and accounting advice. As such, the key responsibilities for this position include (but are not limited to): Work in teams to support consulting projects with regards to compensation/total rewards, talent architecture, payroll, equity valuations and administration, job designing, methodologies, and best practices Lead and evaluate business data to draw conclusions and develop insightful Rewards strategies and solutions Proactively identify and track key risks, project KPIs, opportunities, etc. and incorporate these into project planning and development Assist the practice leadership with client proposals, thought leadership, and contribute proactively to firm building initiatives Must-have Skills Have an understanding of fixed pay, short- and long-term variable pay compensation plans, conducts job evaluations and determines pay grades and salary recommendations, including evaluation and mapping of acquired roles Have knowledge and experience of analyzing and benchmark client data using market compensation survey databases Have strong business acumen, with ability to understand how business processes and decisions impact people and organization Have strong analytical, report-writing, facilitation, communication, and presentation skills, with high commitment to quality client service Foster an efficient, innovative, and team-oriented work environment Strong work ethics, proactive and professional behavior Good-to-have Skills Be able to work and manage tasks in a fast-paced and high flexible environment Working knowledge of analytical tools like Alteryx, Tableau, PowerBI, Advanced Excel, Microsoft Power Suite Strategic thinker, problem solver Supports engagement manager in delivering engagements by identifying and addressing client needs Exhibits strong ability to work independently as well as in a highly collaborative team environment Eligibility Criteria MBA or Master’s degree in Business Administration/Management, Economics, Finance, Mathematics, Mathematical Statistics, Statistics, Human Resources Management Relevant experience of 1 or 2 years in Total Rewards No current active backlogs Authorized to work in India Offer letter is subject to successful verification of documents and meeting the eligibility criteria Additional Information Travel Requirements: Travel to client locations may be required as per project requirements Line of Service: Consulting Solutions Industry: Management Consulting Preferred Work Experience: Experience in Consulting (preferably experience in Global Compensation/Total Rewards Management, compensation design and benchmarking, job evaluation methodologies, compensation surveys, organizational design, and talent architecture). Show more Show less
