Rewards Analyst

5 - 10 years

9 - 13 Lacs

Posted:None| Platform: Naukri logo

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Work Mode

Hybrid

Job Type

Full Time

Job Description

Role & responsibilities

Position Overview:

The Total Rewards Analyst is responsible for creating data analytics tools focused on Total Reward strategy, including collecting, analysing, and interpreting data to support initiatives for the Total Rewards team and decision making.

This role involves identifying trends, generating reports, and providing actionable insights to improve HR strategies. This role ensures compliance with HR policies and practices, works closely with internal stakeholders and external vendors, and supports decision-making through HR data analysis.

Role Purpose: • Create a tool for salary Ranges, Benchmarking, and other compensation activities • Collect and analyse data from various sources to identify trends and patterns • Develop and maintain reports and dashboards for management review • Provide data support for HR initiatives and projects • Will be responsible for the Total Rewards analytics delivery for all countries in scope. • Secure implementation of rewards practices and principles, global compliance and local relevance. Key Responsibilities: Analytics • Data Analytics: Provide analytical support by generating reports and dashboards, ensuring data accuracy and data driven decision-making. Analyse trends to identify areas for improvement. • Strong Analytical Skills: Ability to analyse complex data sets and derive actionable insights • Data Visualization: Proficiency in tools like Tableau, Power BI, or similar. • Excel and SQL: Expert knowledge in Excel and in SQL (preferred) Communication Skills: Excellent written and verbal communication skills for presenting findings. • Problem-Solving: Strong problem-solving skills to address challenges and develop solutions. • Attention to Detail: High level of accuracy and attention to detail in data analysis. • Project Management: Ability to manage multiple projects and meet deadlines

Compensation: • Drive market competitiveness in the supported region by implementing rewards best practices, introducing local and globally aligned compensation and benefit plans, and securing fair and equal treatment of colleagues in the group. • Facilitating alignment between global and local needs, facilitating prioritization of global initiatives. • Drive the rewards agenda and input to strategic HR plans for the region • Overseeing the management and delivery of global compensation programs related to base pay, e.g., Salary Review, Salary Increase Budget Planning, Salary Structures, Survey Submission • Drive the local agenda for continuous improvement of how employee compensation data is stored and managed in the core master HR data system and facilitate any improvement projects, govern any developments in the system securing they are in line with global standards for compensation data management

Preferred candidate profile

Key Skills: • Analytical thinking and data interpretation. • Project management experience. • Strong attention to detail and accuracy. • Proficiency with HR systems and software tools. Experience: • Minimum 5 years experience of working with compensation programs. • Proficient in HR data analytics and familiar with HRIS systems. • Experience of having worked with applicable strategies and plans related to base compensation, benefits, rewards, variable pay, job roles framework etc. • Project management skills (planning and timelines)

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