- Formulation of reward recognition and benefits strategies, policies and processes aligned to Micro Finance (MFL) and NBFC business needs and develop and manage related policy and procedures and systems. - Design and develop reward and recognition strategies, policies and processes at SBU level by understanding business requirements, challenges, market positioning and local market/industry practices. - Lead the formulation of reward recognition and benefits strategies aligned to Micro-Finance/ NBFC business needs and develop/ manage related policy, procedures and systems. - Prepare, collates and analyzing market data and competitors pay modelling. - Management of the Reward Team ensuring the delivery of team objectives in delivering timely and 100% error free services. - Resolve policy issues arising from the execution of the Reward Strategy. - Contribute towards the overall development, growth and management of the function in MFL / NBFC by supporting and developing and strengthening Talent Acquisition/ Talent Management Function. - Work in partnership with Group Company HR Team and contribute towards business objectives. - Gain a deep understanding of current and future business drivers and ensure changes arising from the business process reengineering activities are reflected in the Reward structure and strategy. - Ensure fairness and consistency in the operation of reward recognition and benefits strategies and related policy procedures and systems. - Support annual performance review and variable pay processes. - Evaluates and improvise the effectiveness of Reward and Recognition systems, Recruitment Strategies, Training &amp; Development Function and align the same to business requirements. - Develop guidelines for Annual Appraisal/ Increments and Variable Pay (Policy, Process Guidelines, Education, Review, Reporting and Employee Communication) as per budget and recommendation. - Propose various Incentive Program to drive business outcome tailored towards individual business requirements to drive profitability and performance. - Bring alignment in organisation hierarchy structure with parity in Reward, Compensation and Benefits (C&amp;B). - Establishing professional relationships with relevant Institutions and organizations. - Familiar with a variety of the reward and recognition concepts, practices, and procedures. - Lead, direct, guide and mentors the work of reporting hierarchy. - Create awareness of rewards and recognition processes, policies and programs across the organization. - Work closely with IT department to digitize and execute the appropriate technologies to be utilized for rewards and recognition. - Introduce job evaluation to ensure pay as per job value. Create policies, processes to institutionalise the same.

Jaipur

Head - Human Resource - NBFC   

Head - Human Resource - NBFC    ,Job Description for Head - Human Resource - NBFC    in Bay Steeds in  Jaipur for (6-12) years of experience. Apply Now!

Job Description for Head - Human Resource - NBFC    in Bay Steeds in  Jaipur for (6-12) years of experience. Apply Now!