Mahindra Comviva - Global Total Rewards & Strategy Expert

Global Total Rewards & Strategy Expert

• As a Global Lead - Total Rewards at Comviva, you will spearhead the design, execution, and management of innovative total rewards strategies.
• This role encompasses compensation, benefits, analytics, forecasting, mobility, executive compensation, long-term incentive plans, and change management.
• You will play a pivotal role in fostering a high-performance culture through data-driven insights and competitive practices, aligning with the organization's global business objectives.

Key Responsibilities:

Strategic Compensation Planning and Design:

• Craft and implement global compensation strategies aligned with business objectives.
• Develop executive compensation programs, including equity-based incentives (e.g., ESOPs and long-term plans).
• Oversee forecasting, people planning, and MIS to anticipate and align compensation with future business needs.

Market Analysis and Benchmarking:

• Conduct detailed market analysis to benchmark compensation practices and maintain competitive positioning.
• Monitor industry trends in the technology sector and adapt strategies accordingly.

Program Implementation and Governance:

• Design and roll out variable pay structures and incentive plans to drive performance.
• Ensure compliance with global regulatory requirements in compensation practices.
• Establish robust frameworks for program governance, internal controls, and audit readiness.

Data Analytics and Insights:

• Leverage data to evaluate the impact and effectiveness of compensation programs.
• Develop dashboards and reports to provide actionable insights for leadership.

Collaboration and Change Management:

• Partner with HR, business leaders, and finance teams to align and communicate total rewards strategies.
• Lead change management initiatives to ensure seamless adoption of new rewards programs.

Mobility and Global Programs:

• Design mobility solutions for global assignments, ensuring alignment with organizational objectives.
• Manage the implementation of global incentive plans and long-term rewards programs.

Manpower planning & Strategic Insights:

• In collaboration with finance, develop & execute comprehensive planning strategies that align workforce capacity with business needs.
• Collaborate with senior leadership (at both unit & Org level) to forecast workforce needs and develop staffing plan, that are in-line with optimum organization pyramid and people cost agenda.
• Be an active enabler of the fiscal AOP exercise and drive HR governance mechanism for impacting leadership decisions.
• Be the custodian of HR Opex planning and consult CHRO on optimization needs.
• Regularly identify, decipher and present people trends to management around turnover & headcount planning.
• Support leadership decision-making with insights on employee performance, engagement & organizational health, while often benchmarking with industry standards.

Qualifications Education - Master's degree in human resources or a related field. - Professional certifications (e.g., CCP, GRP) preferred.

Experience:

• 8+ years of progressive experience in compensation and rewards, with a focus on global roles in the technology sector.

Skills:

• In-depth knowledge of compensation frameworks, executive compensation, and mobility solutions.
• Strong analytical, communication, and stakeholder management skills.
• Ability to drive change management initiatives and lead cross-functional teams.

Why Join Comviva?

• Be a part of a global leader impacting 2 billion lives through cutting-edge mobility solutions.
• Work in a collaborative and innovative environment that values growth and excellence.
• Enjoy a competitive compensation package and the opportunity to shape impactful global programs.