29/04 HR
HR at Michael Page

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Head - Compensation & Benefits - Manufacturing (10-12 yrs)

Delhi Job Code: 691852

Industry - Manufacturing

Category - HR

Skills - C&B; Rewards; Performance Management; PMS; Compensation; Benefits

Job Type - Permanent

Job Description :

- Excellent opportunity to steer C&B + PMS for a leading manufacturing player

- Opportunity to work directly with business leadership in Pan India role

Client Details :

Our client is a leading manufacturing player with a base of 2000 employees and global operations. Considering they are growing exponentially in India and globally, they are looking to hire a Head C&B + PMS expert to handle the dynamic business needs

Description :

Reporting into the Group CHRO and with a team size of 1 direct report, your responsibilities will be as follows:

- Manage end to end compensation cycle and performance management cycle for both permanent and contractual workforce

- Designing compensation structure across job families and bands i.e. entry level to CXO level positions

- Real-time partnering with the business to successfully close performance management cycles in alignment to the compensation philosophy

- Design incentive schemes for the organization in line with the job related KRA's for each level

- Exercise internal + external benchmarking to analyse the and collect market leading best practices and work to introduce the same in the organization

- Ensure all relevant market data guidance in support of the mid year/ annual merit increase cycle

- Propose timely initiatives to design or revamp executive compensation structure including E-sops, Stock options, RSU's, LTIPs etc.

- Review and propose changes to compensation packages and components bonuses in line with the market 

- Robust monitoring of Rewards governance framework and adherence to all compliances of the same

- Work closely with the stakeholders and other CoE's like Talent Management, Talent Acquisition etc.

Profile :

- Candidates with 10-12 years of work experience should apply

- Only candidates with Full time MBA (HR) will be considered

- Exposure in manufacturing industry OR a blend of industry and consulting is a must have

- Hands on approach- working closely with the CHRO and Managing Director to design and implement compensation structure

- Ability to work with business leadership to design or redesign and implement policies pertaining to compensation and performance management

- Ability to work in dynamic and aggressively growing work environment

- Ability to mentor and coach a team of Hi potentials

- Excellent communication and interpersonal skills (ability to work in collaboration)

Job Offer :

- Best in industry remuneration

- Leadership opportunity in a rapidly growing and scaling organization

To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Naina Maheshwari on +91 124 452 5482.

Contact - Naina Maheshwari - +91 124 452 5482

The Apply Button will redirect you to website. Please apply there as well.

Women-friendly workplace:

Maternity and Paternity Benefits

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