Lead Compensation & Benefits

Job Description

Role Purpose - The role holder enables attraction, engagement and retention of right talent for business needs, by designing and implementing remuneration & rewards frameworks, policies and packages, that are market competitive, uphold meritocracy, sustainable and aligned with the company’s strategic objectives. It is an end-to-end solutions role covering all aspect to ensure a successful remuneration and rewards management Accountabilities: Identify and execute C&B interventions and facilitate organization to attract, motivate and retain best in class talent. These interventions can be across pay positioning, remuneration structure, incentive design, cost and productivity metrics, job evaluation, policy design etc. Annual remuneration review and variable pay processes. Engage with identified external consultants and conduct market assessments and benchmarking projects. Design and implement variable pay and incentive schemes across levels Benchmark organization benefit offerings against industry standards and best in class market practices. Design and improve benefit programs across organization. Regular Analytics and Dashboarding related to Remuneration, Budget etc. Track headcount and employee cost budget and proactively identify issues and action plan. Monitor and ensure process adherence for all remuneration and benefit programs across the organization. Identify and track key productivity and cost metrics Educational Qualifications & Experience: MBA from Tier 1/1B Institute with 2 to 5 years of relevant experience. MBA from other institutes with 4 to 6 years of relevant experience. At least 2-year experience in Compensation & Benefits if coming from industry (non-consulting) Show more Show less