Head - Total Rewards/Compensation & Benefits

Department Icon Human Resource (HR)/ Talent Acquisition
121+ Applicants
Posted: 1 week ago
18-23 years
Chennai
work from office

Posted: 1 week ago
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Applicants: 121+
Job Description
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Job Description

Role Summary:
Lead the organization's Total Rewards and Compensation & Benefits strategy, ensuring competitive, equitable, and business-aligned reward practices across the organization. The role will own compensation philosophy, pay structures, incentive programs, benefits, executive compensation, rewards governance, and workforce cost management. The position will partner closely with senior business and HR leadership to design reward programs that attract, retain, motivate, and engage critical talent while maintaining internal equity and external competitiveness.
Key Responsibilities:
- Develop and lead the overall Total Rewards and Compensation & Benefits strategy aligned with business objectives and talent priorities.
- Own compensation philosophy, salary structures, job evaluation, pay ranges, benchmarking, and compensation governance.
- Lead annual compensation cycles, including merit increases, promotions, bonuses, incentives, and salary reviews.
- Design and manage short-term and long-term incentive programs, including variable pay, sales incentives, retention plans, and equity-based rewards.
- Lead executive compensation programs, including compensation structures, incentives, benefits, and governance for senior leadership.
- Drive pay equity and internal equity initiatives through regular analysis, benchmarking, and corrective actions.
- Manage employee benefits strategy covering health, insurance, retirement, wellness, leave, and other benefits programs.
- Conduct external market benchmarking and compensation surveys to ensure competitiveness across key talent markets and roles.
- Develop and monitor Total Rewards analytics and dashboards, providing insights on compensation costs, pay positioning, workforce trends, and reward effectiveness.
- Partner with Finance and business leaders on workforce cost planning, compensation budgets, incentive pools, and reward-related financial impact.
- Establish strong governance, policies, controls, and processes around compensation and benefits.
- Lead relationships with compensation consultants, benefits providers, survey organizations, and other external partners.
- Drive continuous improvement and digitization of compensation and benefits processes, systems, and employee reward experiences.

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- Ensure compliance with applicable employment, compensation, benefits, tax, and regulatory requirements.
- Build and lead a high-performing Total Rewards / C&B team and establish strong functional capabilities.
- Advise senior leadership on complex compensation decisions, critical talent retention, organizational changes, and reward strategy.
- Drive employee communication and understanding of the organization's Total Rewards proposition.
- Benchmark and continuously evolve the organization's overall Employee Value Proposition and Total Rewards framework.
Education:
- Bachelor's degree in any discipline.
- Postgraduate qualification in Management / Business Administration / Human Resources from a Tier-1 or Tier-2 Business School.

Skills

Compensation And BenefitsTotal RewardsHR OperationsCompensation And RewardsBenefits And RewardsHR HeadCompensationExecutive CompensationHuman ResourcesHr

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Important dates & deadlines?

Application Deadline

18 Nov 26, 02:33 PM IST

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Head - Total Rewards/Compensation & Benefits

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