Head - Total Rewards & Performance Management - Shipping/Logistics/Manufacturing/Ship Management Firm

Head of Total Rewards and Performance Management

Job Description - Opportunity to build and implement a total rewards and performance management strategy for the entire organisation

Client Details: Our client is global Ship Management MNC

Description:

We are seeking a highly skilled and experienced Total Rewards and Performance Management Specialist to join our client, a Global Ship Management MNC. In this role, you will be responsible for shaping the entire total rewards framework for the organization, restructuring salary and tax efficiency, and establishing a new performance management system. The ideal candidate will have a deep understanding of global compensation and benefits structures, taxation laws, and performance management methodologies, along with a strategic mindset to drive organizational success.

Key Responsibilities:

Total Rewards Framework:

- Develop and implement a comprehensive total rewards strategy aligned with the organization's business objectives and industry standards.

- Analyze market trends and conduct benchmarking studies to ensure competitive compensation and benefits packages.

- Restructure salary components and benefits packages to attract, retain, and motivate top talent.

- Ensure compliance with local and international regulations related to compensation and benefits.

Tax Efficiency:

- Collaborate with finance and legal teams to optimize tax efficiency in compensation structures.

- Stay updated on global tax laws and regulations to ensure compliance and minimize tax liabilities for the organization and employees.

Performance Management System:

- Design and implement a new performance management system that aligns with the organization's goals and fosters a culture of continuous improvement.

- Develop clear performance metrics, key performance indicators (KPIs), and competency frameworks for different roles within the organization.

- Provide guidance and training to managers and employees on the new performance management processes.

Data Analysis and Reporting:

- Utilize data analytics tools to gather and analyze data related to compensation, benefits, and performance metrics.

- Generate reports and insights to support data-driven decision-making processes within the HR and leadership teams.

Stakeholder Collaboration:

- Collaborate effectively with HR, finance, legal, and business leaders to align total rewards and performance management initiatives with organizational objectives.

- Provide expert advice and recommendations to senior management regarding compensation and benefits strategies.

Profile:

- 10 to 15 years of experience in Total Rewards for shipping/logistics/Manufacturing/Ship Management organisations

- Master's in HR from a reputed college will be preferred

- Experience in setting up total rewards framework from the scratch will be highly favoured

- Experience is ideating perfromance managent process would be a huge plus

- Excellent communication and interpersonal skills to effectively collaborate with diverse teams and stakeholders.

- Demonstrated ability to lead and drive change initiatives related to total rewards and performance management.

Job Offer:

Opportunity to shape the future of the organisation by setting up a total rewards framework and performance management process from scratch

To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Souvick Gupta on +91 80 6826 6833

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