HR Business Partner - Compensation & Benefits - FMCG/FMCD - IIM/XLRI/MDI/TISS/SCMHRD

Description:

HR Business Partner and C&B

Purpose of the Role:

Act as a strategic HR Business Partner to the marketing vertical, designing and implementing reward programs and employee policies to drive competitive, fair, and compliant practices. This high-impact role offers significant leadership growth potential in a dynamic organization.

Key Roles and Responsibilities:

HR Business Partnering:

- Partner with business leaders to align organizational priorities with HR strategies.

- Lead workforce planning, talent management, organizational development, and succession planning.

- Serve as a trusted advisor to leadership and employees on HR and rewards matters.

- Ensure full compliance with statutory requirements and internal policies.

Performance, Rewards & Compensation:

- Manage annual compensation reviews, bonus cycles, and incentive programs in collaboration with the BCOE Rewards team.

- Design compensation structures benchmarked against market data and internal equity.

- Oversee performance assessments, job evaluations, and grading frameworks.

Analytics & Reporting:

- Deliver actionable insights via HR metrics, dashboards, and trend analysis.

- Monitor compensation trends and recommend adjustments for sustained competitiveness.

Structure and Stakeholders:

Key Collaborations: HR BCOEs, functional heads, zonal business stakeholders, and corporate HR teams across verticals.

Qualifications and Skills:

Education and Experience:

- MBA/PGDM in HR from a Tier-1 institute (IIM/XLRI preferred).

- 12-15 years total experience in HRBP and HR Operations, including 8-10 years as a C&B Specialist and 5-7 years in team leadership.

- Preferred: Experience managing cross-functional, multi-locational teams in a large manufacturing setup.

Technical Competencies:

- Advanced proficiency in MS Excel, HRIS systems, and emerging digital HR tools.

- Expertise in compensation benchmarking, ESOPs, and LTIP schemes.

- Strong knowledge of Shop & Establishment Act, labor laws, and tax regulations.

Behavioral Competencies:

- Strategic business acumen with exceptional problem-solving and influencing skills.

- High integrity, people management expertise, and outstanding communication/stakeholder management abilities.

What We Offer: Competitive compensation, leadership development opportunities, and a collaborative environment in a leading [FMCG/Consumer Durables] organization.