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09/05 Megha Dhamija
HR at Recruitment Firm

Views:181 Applications:50 Rec. Actions:Recruiter Actions:27

AVP/Senior Manager/Lead - HR Performance & Rewards - Life Insurance Business (7-10 yrs)

Mumbai Job Code: 1092007

Lead-Performance & Rewards (AVP/Sr Mgr HR at a Life Insurance client)

- The Lead-Total Rewards will develop performance management policies.

- He/She will also develop compensation structure within the budget.

- He/She will guide line managers in setting-up performance indicators, conducting performance reviews and explaining evaluation ratings to their team.

- He/She will make recommendations to the Head on compensation structure and benefits programmes, based on industry standards and total rewards philosophy of the organisation.

Role Description :

- Designs compensation programs, resulting in significant and long term changes to the company's compensation offerings and policies, ensuring optimal budget utilization.

- Oversees the implementation compensation initiatives, ensuring appropriate local implementation in the context of global guidelines.

- Designs and develops training, education and communication materials for the implementation of global/ local compensation programs.

- Serves as an SME and advisor to HR and recruitment teams as needed in all aspects of compensation design, planning and administration processes, and counseling on customization of programs at a local level.

- Applies comprehensive functional knowledge in compensation and serves as a senior resource providing guidance to less experienced team members.

- Develops and shares knowledge capital in the compensation area.

- Help in toolset implementation for the compensation function in respective area.

Education & Experience :

Education : Graduation, post graduation in business administration or Human Resources.

Experience : 7 to 10 years of experience in Total Rewards Function prefer exposure to Consulting organisations or BFSI sector

Women-friendly workplace:

Maternity and Paternity Benefits

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