Our Client is one of the well known names in Service Industry.  The right candidate should have overall 7 years of experience in Total Rewards comprising of (compensation & benefits), performance management and talent development.  Below is the JD for the said role :  Compensation Duties :   - Management of day-to-day compensation administration, interpret plan provisions and requirements, resolve administration/policy issues and questions and coordinate activities with vendors / internal business partners   - Assist with overall development, implementation and maintenance of base pay and incentive pay Influence the strategic direction of the Company related to compensation programs and processes   - Facilitate decision making by senior management regarding Human Resources strategy and compensation programs   - Ensuring incorporation and global linking of compensation "best practice" policies and procedures Remaining current on key events, practices and emerging trends in compensation Acting as an internal consultant to develop principles and guide Company leadership in decisions pertaining to compensation and Human Capital issues  Benefits Duties :   - Management of day-to-day benefit administration, interpret plan provisions and requirements, resolve administration/policy issues and questions and coordinate activities with vendors / internal business partners Analyzes benefit program trends; identifies, designs and proposes best practices and competitive benefit programs to support organizational strategies and associate needs. Analyzes cost and utilization data and recommend changes to achieve cost containment goals.   - Manages timely accurate enrollment of new hires, qualifying events, terms and data transmission to 3rd parties. Leads all aspects of the annual open enrollment process, including preparing associate communication materials. Works with internal and external resources to identify optimal media, creating specific, compelling and accurate associate plan materials. Advises HR Business Partners and Managers on interpretation of plan provisions. Serves as liaison with internal clients and external vendors on benefit topics or associate issues.   - Oversees the amendment of plan documents, summary plan descriptions, vendor contracts and other documents related to plan offerings. Reviews cost, quality and other indicators measuring and improving vendor performance and participant satisfaction. Periodically performs or oversees quality and administrative audits of plans. Partners with HR Technology and Payroll to ensure accuracy of associate data and functionality of electronic data interfaces with vendors. Manages special projects as appropriate to the purview of the role.  - Facilitates training and support on benefit plan offerings. Influencing the strategic direction of the Company related to benefit programs and processes Facilitate decision making by senior management regarding Human Resources strategy and benefit programs Remaining current on key events, practices and emerging trends in benefits Acting as an internal consultant to develop principles and guide Company leadership in decisions pertaining to benefits and Human Capital issues

Mumbai

Assistant Vice President - Total Rewards - Service Firm 

Assistant Vice President - Total Rewards - Service Firm  ,Job Description for Assistant Vice President - Total Rewards - Service Firm  in Talent Networks in  Mumbai for (7-13) years of experience. Apply Now!

Job Description for Assistant Vice President - Total Rewards - Service Firm  in Talent Networks in  Mumbai for (7-13) years of experience. Apply Now!