Head - Rewards - FMCG/Pharma/Manufacturing

The Head - Rewards will lead the end-to-end Total Rewards agenda for the Consumer Packaged Goods business, ensuring competitive, equitable, and performance-driven compensation and benefits strategies aligned with business goals.

Key Responsibilities:

- Design and execute Total Rewards strategy covering Compensation, Benefits, Incentives, and Recognition.

- Manage annual compensation cycles, salary reviews, bonus planning, and incentive payouts.

- Lead job evaluation, grading, and market benchmarking exercises.

- Design and govern sales incentive and variable pay structures for frontline and leadership roles.

- Act as a strategic advisor to business leaders on rewards governance and policy decisions.

- Manage LTI, retention, and special reward programs.

- Ensure statutory and regulatory compliance related to compensation and benefits.

- Drive analytics, MIS, and dashboards for leadership reviews.

- Support organization-wide initiatives such as restructuring, M&A, and transformation from a rewards perspective.

Key Skills & Competencies:

- Strong expertise in Compensation & Benefits within FMCG / CPG organizations.

- Proven experience in sales incentive design and performance-linked pay.

- Excellent analytical and data interpretation skills.

- Strong stakeholder management and leadership presence.

- Sound understanding of Indian labor laws related to compensation and benefits.

Educational Qualification (Mandatory):

- MBA / PGDM in HR from Tier-1 institutes only (e.g., IIMs, XLRI, TISS, ISB or equivalent premier institutes).