Job Description
Looking for a Mid Senior candidate for a large business house for a Lead Rewards role. This is a Group level CoE role & requires high Conceptual clarity. This requires a very high level of energy & networking capability across the group. This is located in Mumbai.
Brief on the Role:
Rewards & Policy:
- Implement market benchmarking for compensation; define standards of output expected (including comparator basket, defining standards and heads of comparison) and communicate the same to compensation consultants.
- Analyze competitive market data and develop recommendations for updates to job architecture, salary structures and bonus targets as appropriate; propose salary increase budgets.
- Evaluate the effectiveness of current compensation programs; Ensure that the organization maintains equity internally, and is externally competitive with wages and salaries.
- Ensure the implementation of variable pay programs - establish pay performance linkage.
- Execute the compensation review cycles for the Business Unit as per Group guidelines and calendar.
- Support in policy reviews and Address queries / grievances related to compensation, incentives and policy interpretations among employees in the Business and Units.
- Implementing and ideation on initiatives for building a culture of high performance
- Ensuring goal audits & analysis are being done and suggesting changes which are in line with Group Strategy, Purpose etc.
Job Analysis & Evaluation:
- Support in managing the organization's Job Analysis and Evaluation programs and ensure that all jobs are up to date, evaluated and graded.
- Implement tools for job analysis, organization structure analysis to improve overall structure efficiency and control costs at ABMCPL.
Manage HR Budget & Costs:
Consolidate and manage HR budget for the year in coordination with various team
HR Dashboards & Analytics
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- Track critical HR metrics pertaining to Rewards, Performance & Job Evaluation on a regular basis; ensure action planning for bridging discrepancies.
- Engage with and provide periodic reports to stakeholders as may be needed.
Skills Experience:
- Preferably 8-10 years Exp in a large business house
- Stable career is a necessity for this role.
- MBA from Premier B School
- High on Energy , Execution Orientation & stakeholder Management
- Extremely Strong capability to Articulate
- Good Presentation & Networking Skills
Skills
Compensation And RewardsCompensation And BenefitsBenefits And RewardsHR HeadHR Jobs In MfgHR OperationsCompensationHrIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
Important dates & deadlines?
Application Deadline
18 Jul 26, 02:39 PM IST
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