GM/AVP/VP - Compensation & Benefits - BFSI/FMCG/IT/Telecom

Currently working on an opening for the position of GM /AVP / VP - Compensation & Benefits for one of the largest conglomerates in India

Rewards & Benefits:

- Independently manage the compensation process for the Business

- Develop, and implement Pay Management (Fixed & Variable), Market Benchmarking, Long Term & Short Term Incentive Plans, Deferred compensation, Compensation Fitment for hiring, Benefits Policies & Plans, Mobility policy/guidelines, compensation query/grievance handling for the Business for Job Bands 4 & below. Assist the CPO in the compensation process for JB 3 & above

- Ensure regulatory/data security/ other statutory compliances across all geographies in the Business and Companies Act 2013 disclosures for NRC

- Ensure consistency in process and approach across all regions in the Business; competitive for the sector and within the Group framework

- Analytics to enable business plan, employee costs and employee productivity.

- Actively involve all stakeholders in all process stages seeking input, and/or communicating critical processes and updates of pay positioning etc in the country/region

- Incorporate EVP in the reward and recognition schemes, internal communication and compensation policies/ plans to acquire, engage and retain talent in the Business

- Align the R&B strategy of the Business with other HR processes to attract and retain appropriate talent for the Business.

Dhanesh