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Job Views:  
516
Applications:  141
Recruiter Actions:  54

Posted in

HR & IR

Job Code

1699239

Head - Total Rewards - Financial Services Firm - IIM/XLRI/SCMHRD/TISS

Saaki, Argus & Averil Consulting.10 - 15 yrs.Chennai
Posted 2 months ago
Posted 2 months ago

Client: A leading financial services organization.

Role: Head - Total Rewards

Location: Chennai

Experience: 10 -15 Years

Education: Post graduate degree from premier institutions or equivalent

Role Overview:

The Head - Total Rewards will lead the organization's Total rewards strategy across a large and diverse employee population. The role requires a strategic and execution-focused leader with strong expertise in enterprise total rewards, variable pay structures, sales incentive programs, rewards governance, and large-scale Total rewards operations.

The incumbent should have prior experience managing Total rewards frameworks for organizations with massive employee strength across multiple functions and workforce segments.

Key Responsibilities:

Total Rewards Strategy & Design:

- Design and drive enterprise-wide towards rewards strategy aligned to business objectives.

- Develop scalable total rewards frameworks across multiple employee categories including:

a. Sales

b. Technology

c. Operations

d. Marketing

e. Corporate Functions

f. Field Force

- Lead annual review cycles, salary benchmarking, and market competitiveness initiatives.

- Design and optimize variable pay and incentive structures across business functions.

- Develop sales incentive plans for large distributed sales teams.

Rewards Governance:

- Establish robust governance frameworks for Total rewards planning and rewards administration.

- Ensure consistency, fairness, and compliance across Total rewards practices.

- Partner with leadership teams on executive Total rewards and critical talent retention initiatives.

- Drive job evaluation, grading structures, broadbanding, and job architecture initiatives.

Analytics & Transformation:

- Leverage HR analytics and Total rewards data insights to support strategic decision-making.

- Drive digitization and automation initiatives within the Total Rewards function.

- Continuously evaluate market trends and emerging Total rewards practices.

Stakeholder Management:

- Partner closely with Business Heads, HR Leadership, Finance, and senior leadership teams.

- Act as a trusted advisor on Total rewards strategy, rewards optimization, and talent competitiveness.

Candidate Profile:

Mandatory Experience:

- 10-15 years of HR experience with significant exposure to Total rewards & Benefits.

- Must have managed Total rewards for large organizations with workforce scale of 30,000+ employees across Tier 1 and Tier 2 cities.

- Strong experience in enterprise Total rewards design across diverse workforce categories.

- Proven expertise in variable pay and sales incentive design.

- Experience handling Total rewards structures ranging from junior workforce levels to senior leadership pay structures.

- Strong exposure to large-scale annual Total rewards planning and governance.

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Job Views:  
516
Applications:  141
Recruiter Actions:  54

Posted in

HR & IR

Job Code

1699239

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