Senior Manager - Compensation and Benefits

Job Purpose

• Act as the reward expert to advise and support Air India to harness, direct and support teams to engage in delivering missions and objectives
• Plan & implement the total rewards strategy to ensure competitive compensation and benefits for all non-flying employees

Key Accountabilities

• Deliver & implement the Total Rewards strategy for the organization ensuring competitive compensation and benefit plans for the employees, and optimal utilization of the budget
• Lead design for a market-competitive compensation and benefits plan for all non-flying employee groups in line with statutory and legal requirements
• Develop and manage the delivery of annual and long-term executive compensation programs, providing effective support to the remuneration committee and ensuring that all regulatory and legal requirements are met.
• Collaborate and coordinate with Talent Management and Organizational Development team to effectively link rewards to performance
• Benchmarking, cost impact analysis, and data-driven decision-making.
• Job evaluation, design salary structure and compliance responsibilities
• Annual Appraisal cycle - planning to successfully closure
• Implement rewards and recognition plans within the non-flying organization; support the development and rollout of programs where necessary
• Implement best-in-class rewards strategy for Non-Flying staff
• Coordinate with vendors / consultants to facilitate and promote contract renewal and performance management of vendors
• Direct and monitor rewards strategy in line with industry trends for campus hiring programs
• Support in the design and implement all policies pertaining to rewards
• Conduct periodic market / competitor benchmarking exercises to ensure pay structures and rewards remain competitive; liaise with external consultants, as and when required
• Conduct ongoing research into emerging trends, issues and best practices and periodic audits to assess relevance and compliance of reward practices
• Lead the creation of compensation offers for all roles to be able to attract and retain talent
• Act as a Subject Matter Expert on all rewards related matters for the senior leadership