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Job Description
Role & Responsibilities:
- Develop and implement comprehensive compensation strategies for the required regions.
- Conduct market analysis and benchmarking to ensure competitive compensation practices, participate in C&B surveys and create compelling presentations with market insights
- Manage annual compensation processes, including salary reviews, bonus plans, and equity programs.
- Collaborate and Partner with Business HRs, Regional HRs and Business Leaders to understand business specific scenarios and provide guidance, solutioning and support on compensation-related matters.
- Ensure compliance with local, state, and federal regulations related to compensation.
- Lead compensation projects and initiatives to improve compensation practices and processes.
- Stay abreast of industry trends and best practices in compensation management.
- Understand Collective Bargaining Agreements, Engagement principles with various Unions and other aspects related to specific/required regions.
- Design compensation structures for various countries as per the law of land requirements and the way in which it yields highest value to employees as well as the organization.
Required Skills:
- High degree of Ownership and Intent
- Understanding of compensation and benefits fundamentals and practices
- Good Project/Program Management Skills
- Excellent Communication and Interpersonal Skills.
- Advanced knowledge of MS Excel and MS Power point
- Proficiency in data analysis and reporting
- Ability to manage multiple priorities and meet deadlines.
- Should have solution-oriented approach
- Ability to work both in the detail and at a conceptual level
- Able to anticipate the consequences of decisions on other HR processes and the business
- Ability to co-ordinate and manage relationships with international stakeholders
- Ability to adapt to fast changing environment and support transition / upscale of compensation/incentive programs
Location: Open
Skills
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About Company
Tech Mahindra represents a leading force in the global IT services and consulting sector, offering innovative solutions to help businesses navigate the digital transformation landscape. With a focus on leveraging next-generation technologies including 5G, blockchain, cybersecurity, artificial intelligence, and more, Tech Mahindra is committed to driving digital advancement and enhancing customer experiences across various industries such as telecommunications, manufacturing, banking, healthcare, and retail. Tech Mahindra Careers provides a plethora of opportunities for professionals to grow and excel in a diverse and inclusive work environment. The company fosters a culture of learning, innovation, and collaboration, encouraging employees to explore new ideas and contribute to groundbreaking projects. Working at Tech Mahindra means being part of a global community that values integrity, sustainability, and social responsibility, all while shaping the future of technology and its application in the world.
Important dates & deadlines?
Application Deadline
22 Jul 26, 04:09 PM IST
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