Compensation Specialist - Total Rewards CoE

Career Level: Manager

Location: Hyderabad

At Deloitte, we are known for setting a standard of excellence -- and for the people delivering it! As a Compensation Specialist, the applicant responsible for managing a variety of activities, include supporting function specific compensation programs. These programs should be in line with the business objectives of the allocated service lines/functions and aligned to the overall guidelines and processes of Deloitte USI. The incumbent will also be responsible for implementing new initiatives and communicating the overall total rewards story to our practitioners. The position will support special projects, as needed and introducing them to the unique culture of Deloitte.

At Deloitte, we look at our Talent professionals as advisors to the business, instrumental in driving business growth through their acumen and application of cutting-edge analytics.

Work you- ll do

Provide solutions across target workforce groups and job roles and help organization and business units take a more strategic view of their communication development needs across the organization whilst offering very structured and tangible solutions:

- Support in design, implementation and administration of the function specific compensation programs and activities in line with the Total Rewards philosophy with regards to internal equity and external market competitiveness.

- Manage the market benchmarking process, validate market information and help develop positioning and compensation ranges as per the desired competitiveness.

- Engage with business to provide advisory from a Total Rewards perspective and act as a strategic partner with the FSS's and Service Lines as necessary.

- Cultivate a thorough understanding of the various reward related business requirements through an understanding of the business and their operating model

- Manage the compensation annual revision process and administration processes along with Business Advisors & businesses.

- Drive analytics to provide insights to business leadership on the internal/external trends and movements in compensation.

- Partner with Talent Acquisition team on offer development where ever applicable, create ranges, systems and processes for assisting them in hiring competitively from lateral markets.

- Manage the tools and processes used/followed to carry out the various reward programs and annual compensation exercise.

The team

Talent team offers HR solutions by tapping into the different aspects of HR policies, to ensure every professional's engagement with the organization is meaningful. It is structured into five major organizations: Talent Acquisition, Talent Delivery, Talent Development, Talent Specialties and Talent Operations. As part of the Business Advisory team, you will work with our business leaders, foster change throughout the organization and ensure that Talent strategies are aligned with the firm's culture.

Qualifications

Education: Master's degree

Experience: 8-10 years of relevant experience

Skills:

- Master's degree in Human Resources from any of the reputed HR institutes like XLRI/TISS/IIMs.

- 8-10 years- experience in Compensation/Total Rewards function in IT/ITES/Services firms

- Detail oriented, excellent analytical and communication skills.

- Deep familiarity with MS - EXCEL and Compensation administration systems. Exposure to survey methodologies of Aon Hewitt / Mercer.

- Knowledge of HR ERP modules like SAP / Oracle / People soft.

Location: Hyderabad

Shift Timings: 9 Am - 6 Pm

How you- ll grow

At Deloitte, we- ve invested a great deal to create a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities- including exposure to leaders, sponsors, coaches, and challenging assignments- to help accelerate their careers along the way. No two people learn in exactly the same way. So, we provide a range of resources including live classrooms, team-based learning, and eLearning. DU: The Leadership Centre in India, our state-of-the-art, worldclass learning Centre in the Hyderabad offices is an extension of the Deloitte University (DU) in Westlake, Texas, and represents a tangible symbol of our commitment to our people's growth and development. Explore DU: The Leadership Center in India

Benefits

At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.

Deloitte's culture

Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture that is inclusive, invites authenticity, leverages our diversity, and where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.

Corporate citizenship

Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. Learn more about Deloitte's impact on the world.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (- DTTL- ), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as - Deloitte Global- ) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the - Deloitte- name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

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