Regional Rewards Analyst - NAM

Division:

HR

Job Grade:

G11A/10

Job Title:

Senior Executive / Manager

Function:

HR

Location:

Mumbai

Business Unit:

SPIL

Job Summary

 Total Rewards and Performance Management activities for North America Markets (NAM) and other markets including driving Performance Management process, finalization of ratings, compensation benchmarking, annual salary review, any off-cycle salary changes and other special projects such as driving performance-oriented culture, Job Evaluation, Rewards harmonization work in case of M&A scenario etc. 

Areas of Responsibility

• Driving Performance Management Process (NAM)

   - Driving Performance Management Process on OneHR and deliver performance priorities
• Ensure timely closure of Goal Setting, Midyear and Yearend Review for region along with ensuring adherence to the timelines for various stages within the individual processes 
• Address employee and HR concerns/queries w.r.t process and technology
• Drive rating calibration closure, promotion process and approvals for region
• Ensure adherence to Performance Improvement process – Identification of employees, PIP initiation, interim process steps and timely closures through regular follow-ups with HR partners and Managers

• Annual Salary Review, Performance Bonus & Long-Term Incentives (NAM)

   – Effective execution of Annual Salary Review,

• • Performance Bonus and Long-Term Incentives (LTI) for NAM region

• Support in compensation benchmarking exercise for region through consulting partner by providing required data and getting timely reports
• Compensation analysis - Understand roles and responsibilities existing in the organization, data provided by market and analyze market competitiveness for each employee in the region across various pay anchors
• Undertake salary analysis and present results to relevant N-1s, HRBPs and MDs office
• Design communication collaterals for various stakeholders on the salary review process and guidelines.
• Ensure data readiness for the purpose of timely go live in the salary review tool for all employees
• Communication of revised salary through online letters tool and roll-out of revised compensation through Payroll
• Ensure readiness of data in collaboration with Finance team and country HR team for appropriate business performance indicators for all employees eligible for performance bonus & LTI  Maintain appropriate audit trail for each employee

• Projects:

• Drive performance management process improvement projects (goal audit, standard goals, rating assessment etc.) in the region 
• Ensure organizational readiness with respect to regulatory changes pertaining to compensation (for e.g. pay transparency) in collaboration with country HR & legal teams. 
• Ensure competitiveness of benefits in the North America Market by undertaking benefits benchmarking as per business needs
• Implement Global Total Rewards projects in the region eg: Job Evaluation / technology platform
• Support any other projects basis organization priorities 

Job Scope

Internal Interactions (within the organization)

HRBPs, Business Heads

External Interactions (outside the organization)

Consultants for Salary benchmarking and other projects 

Job Requirements

Educational Qualification

Post Graduate in HR

Specific Certification

Any rewards certifications – AoN, World at Work preferred but not mandatory

Skills

Analytical Skills; Attention to detail

Language

Fluency in Reading and Writing: English

Experience

2-5 years