Sr.Mgr / AVP / DVP - PMS and Compensation

He/She will be responsible for designing, implementing, and managing the organisation s Performance Management System and Compensation strategy. The role involves developing frameworks that drive meritocracy, reward high performance, and ensure internal equity and external competitiveness. The incumbent will play a lead role in aligning PMS and compensation practices with business objectives to attract, retain, and motivate talent in a dynamic environment.

Education:

Experience:

• The candidate should have min 10 years of experience in HR of which a min of 2-3 years of experience should be in PMS and Compensation management.


• Proven track record of designing and implementing PMS frameworks and compensation strategies.


• Strong analytical and stakeholder management skills.

Knowledge:

• In-depth understanding of PMS methodologies, compensation structures, and market benchmarking.


• Familiarity with HR technology platforms and analytics tools.


• Awareness of regulatory compliance related to compensation.
  
  
  

Skills and Competencies:

• Strong leadership and stakeholder management skills.


• Ability to design innovative PMS and compensation solutions in a fast-paced environment.


• Excellent analytical, communication, and presentation skills.


• Proficiency in HR systems and data-driven decision-making.

• Design and implement a robust Performance Management System aligned with organisational goals.


• Drive annual performance appraisal cycles, including goal setting, mid-year reviews, and final evaluations.


• Develop and maintain compensation structures, salary bands, and pay ranges based on market benchmarks.


• Conduct job evaluations and ensure internal equity across roles and grades.


• Manage annual compensation review process, including merit increases, bonuses, and incentives.


• Partner with business leaders to ensure PMS and compensation practices support talent development and succession planning.


• Analyse compensation trends and provide insights for competitive positioning.


• Ensure compliance with statutory requirements and internal governance standards.


• Implement technology solutions for PMS and compensation management to enhance efficiency and transparency.


• Prepare and present reports to senior management on performance and compensation analytics.


• Manage PMS and compensation budgets effectively to optimise costs and returns.