Role & responsibilities :
Design and Implement Compensation Programs :
- Design and maintain competitive salary structures and robust pay equity frameworks.
- Lead market research and compensation benchmarking to ensure external competitiveness.
- Oversee annual compensation cycles, including merit increases, incentive plans, and rewards programs.
- Conduct job evaluations to ensure internal equity and role alignment.
- Develop and manage job architecture, including job leveling, career frameworks, and role clarity.
Manage Benefits and Wellness Programs :
- Oversee health insurance, retirement plans, wellness initiatives, and leave policies.
- Negotiate with vendors and manage benefit plan administration.
- Ensure programs are cost-effective and meet employee needs
Data Analysis and Reporting :
- Analyze compensation data and total rewards metrics.
- Prepare reports for leadership on program effectiveness and ROI.
- Monitor industry trends and recommend strategic adjustments.
Strategic Collaboration :
- Partner with HR, Finance, and leadership to align rewards strategy with business goals.
- Support talent retention and engagement through holistic rewards programs
Preferred candidate profile :
- Proven experience designing and managing salary structures, incentive plans, and benefits programs.
- Ability to interpret compensation data, conduct benchmarking, and provide actionable insights.
- Familiarity with labor laws, tax implications, and statutory requirements related to rewards programs.
- Skilled at explaining complex reward concepts to stakeholders and employees in a clear, engaging way.
- Experience with HRIS systems, compensation tools, and Excel for modeling and reporting.
Skills one must have : Presentation Skills, Influencing & Persuasion Skills, Strong command on excel, Written & Verbal, Communication Skills
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