Performance & Reward Manager Variable Pay

6 - 8 years

16 - 20 Lacs

Posted:6 hours ago| Platform: Naukri logo

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Work Mode

Hybrid

Job Type

Full Time

Job Description

Key Responsibilities

  • Lead the design, development, and governance of short-term incentive plans, performance and recognition plans.
  • Ensure alignment of incentive plans, performance philosophy and recognition with business goals, HR strategy, and total rewards philosophy.
  • Oversee end-to-end execution of the short-term incentives, annual performance cycle and recognition plans, partnering with local HR teams and HR Services for effective administration.
  • Drive continuous improvement of the design and administration of the incentive plans. Benchmark and evolve incentive programs to reflect market best practices, changing workforce expectations and performance philosophies. Investigate opportunities for automation and simplification.
  • Provide expert consultation and guidance to HR and business leaders on matters related to the responsibility area.
  • Own and lead base pay -related communications, training, and employee engagement initiatives.
  • Provide input to global performance and reward strategy.
  • Act as the HRIS process owner for dedicated responsibility area.

Requirements

  • Proven experience in designing and administering variable pay plans and in designing and implementing performance and recognition programs.
  • Expertise in short term incentive plans.
  • Strong analytical and project management skills; ability to translate data into actionable insights.
  • Excellent stakeholder management and communication skills across diverse geographies.
  • Experience with survey data platforms.
  • Ability to work independently and drive strategic initiatives in a complex, matrixed environment.
  • Flexibility to support other P&R activities as needed. Flexibility to support other P&R activities as needed, plus adaptability, interest in innovation, and good collaboration skills.

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