Qualification: - MBA or Equivalent from Tier I B School Experience: - 2-4 years- experience in HR with minimum of 2 years experience in C&amp;B - Exposure of India Compensation and should have handled atleast 1 Merit increase cycle - Good level of understanding of the Statutory laws and general overview benefits - Knowledge of the performance management cycle is an added advantage Knowledge &amp; skills: - High Analytical / numerical ability - Productivity Tools like Flowcharts, Swim lanes, Excel/ Office applications - Basic knowledge of Finance &amp; Accounting principles - Excellent interpersonal and verbal communication skills - Must be able to partner/consult with all levels of management - High degree of results-orientation and ability to execute while multitasking - Ability to partner across HR to deliver effective compensation and benefits solutions - Ability to work across functions and influence stakeholders in other functions like Finance, Tax, Legal and Procurement and external vendors Best Suited for Someone who - Comfortable working with lots of data - Has an eye for detail - Is inquisitive about best practices in C&amp;B - Is creative and likes to ideate - Is keen to work in a specialist role 1 Compensation Strategy &amp; Planning - Drive development of compensation philosophy in alignment with organization's strategy. - Lead assessment of compensation structure, pay mix and market positioning and discuss recommendations with HR leadership. - Design and implement the Flexi Reward Framework across different employee generations ensuring alignment and consistency in rewards policy &amp; framework 2 Compensation Management - Design Pay Ranges based on reward philosophy and qualitative inputs from compensation bench-marking exercise for both Management and Non-Management Levels - Guide team to conduct job matching, bench marking and to develop pay bands. - Lead annual salary reviews across the organization. - Review current variable pay plans, analyse market best practices, conduct cost impact analysis and propose design modifications in alignment with the key imperatives. - Develop monetary and non-monetary employee incentive programs to recognize employee service, safety and special achievements. - Non Sales Long and Short Term Incentives- Designing of the Non Sales Incentive Policies and execution of the same. Responsible for implementation of LTI policy of the company 3 Policy Design and Review - Research and analyse salary components, trends and benefits offered by peer competitors - Responsible for end to end design and management of all employee related benefits and polices - Design, communicate and continuously improve Rewards policies. - Provide advisory support in designing special policies for specific BU or employee segment 4 Vendor &amp; Stakeholder Management - Partner with vendor management to negotiate contracts with various vendors and driving enrollment through the Flexible Benefits Program - Establishes supplier relationships and negotiates competitive service contracts that clearly define performance targets and deliverables. - Effectively partners with HRBP, internal teams, and integrates the plans and materials, during design &amp;implementation stages - Design documentation to socialize proposed changes and obtain buy in from HRBPs and management. - Review, suggest &amp; address any off cycle needs of the HRBP which may be of compensation changes, leveling recommendations, custom market analysis etc. - Responsible for improving awareness and understanding of reward philosophy and programs across the business HRBP, Staffing and Line Manager teams through various communication channels and development of reward communication tools - Compile reports, charts, or graphs that describe and interpret inputs from employees, HRBP &amp; management on various reward interventions

Bangalore

Diageo - Lead - Rewards - XLRI/TISS/FMS/MDI 

Diageo - Lead - Rewards - XLRI/TISS/FMS/MDI  ,Job Description for Diageo - Lead - Rewards - XLRI/TISS/FMS/MDI  in DIAGEO(United Spirits) in  Bangalore for (2-6) years of experience. Apply Now!

Job Description for Diageo - Lead - Rewards - XLRI/TISS/FMS/MDI  in DIAGEO(United Spirits) in  Bangalore for (2-6) years of experience. Apply Now!