Regional Rewards Analyst - NAM

2 - 5 years

0 Lacs

Posted:13 hours ago| Platform: Linkedin logo

Apply

Work Mode

On-site

Job Type

Full Time

Job Description

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, Mid‐year and Year‐end 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

    Mock Interview

    Practice Video Interview with JobPe AI

    Start Job-Specific Interview
    cta

    Start Your Job Search Today

    Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

    Job Application AI Bot

    Job Application AI Bot

    Apply to 20+ Portals in one click

    Download Now

    Download the Mobile App

    Instantly access job listings, apply easily, and track applications.

    coding practice

    Enhance Your Skills

    Practice coding challenges to boost your skills

    Start Practicing Now

    RecommendedJobs for You