Manager Total Rewards

5 - 9 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Compensation and Benefits Specialist, you will play a crucial role in developing, implementing, and managing compensation structures that are in line with the organization's business objectives and competitive within the market. This includes fixed, variable, incentives, and retention plans. You will conduct benchmarking, salary surveys, and market analysis to ensure internal equity and external competitiveness. In addition to compensation, you will be responsible for designing and managing employee benefits programs such as health, insurance, retirement, and wellness. Your role will involve evaluating the effectiveness of benefits and recommending changes to align with employee needs and optimize costs. Collaborating closely with business leaders and HR Business Partners, you will ensure the development of fair, transparent, and performance-driven reward systems. It will be essential to uphold policy compliance by ensuring adherence to statutory requirements, labor laws, and internal company policies, as well as maintaining governance and documentation for compensation and benefits programs. Your analytical skills will be put to use in creating dashboards, reports, and insights on compensation, benefits utilization, and workforce cost analysis. You will provide recommendations to the leadership team for strategic decision-making based on these insights. Effective communication will be a key aspect of your role as you will be responsible for disseminating information on reward policies, benefits, and compensation philosophy to employees. Furthermore, you will support special projects such as M&A integration, organization restructuring, and mobility programs from a rewards perspective, collaborating with global and regional teams to ensure consistency in Total Rewards programs.,

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