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13/06 Kaydee
Director at Pinnacle Search Services

Views:1956 Applications:0 Rec. Actions:Recruiter Actions:0

Lead - Compensation & Rewards - Consumer Products (13-16 yrs)

Mumbai Job Code: 709040

Purpose

The role holder will be primarily responsible for designing, overseeing and implementing Compensation and Benefits programs.

The role holder will also monitor salary structures, ESOP structure & payments, annual & performance linked rewards, balance the staffing needs with cost controls and ensure that policies, procedures and programs are in alignment with the organization's overall strategic objectives and HR vision.

Positions reporting : C&B team

Critical Tasks

- Design and lead the Compensation and Benefits policies and practices

- Monitor and design salary structure and benefits provision to ensure a balance between control of costs and attracting and retaining the right talent;

- Research and analyze salary trends,undertake bench marking exercises covering competitive employers within & outside the sector;

- Drive Annual Compensation Surveys, Salary planning, Structuring Incentives, Develop annual variable & pay for performance schemes & ESOP Policies from time to time.

- Design, develop and implement new benefit packages - ensure competitiveness and relevance of salary structures in line with legal and statutory requirements;

- Work closely with Head HR in area of Executive Pay

- Lead various HR Projects/ Interventions

- Train and act as an internal consultant to HR Business Partners and Line Managers on matters related to Job Evaluation and Compensation and Benefits

- Lead the HR Budget process and ensure the same is in sync with Business prerogatives and Plan

Work Experience:

- Having 13 - 16 years of experience in HR and Compensation and Benefits, having led the function in a large corporate set up.

- Excellent written and verbal communication skills and effective interpersonal skills with ability to connect with colleagues at different levels

Industry: Any

Competencies

Business perspective / acumen

- Demonstrates awareness of changing industry, business trends, market and competitive conditions

- Displays cost and financial awareness

Relationship building / Interpersonal skill

- Is assertive, can assert him/her at the same time keeps the relationship on track

- Resolves conflicts effectively

- Initiate and build relationship with all stake holders

Problem solving

- Involves concerned people in decision making process when required

- Anticipates likely implications of decisions on stakeholders and deals with those effectively

- Displays sense of conviction and stands by his / her decisions if it is in the organizational interests

Team work and team building

- Places success of the team ahead of his individual gains

- Proactively helps & supports his / her team members

- Collaborates across levels, functions and businesses

Functional expertise

- Has in depth functional knowledge

- Displays knowledge of related functional / technical / cross functional areas

- Keeps himself / herself abreast of development in his / her functional area

- Applies his / her functional knowledge to improve business results

Execution excellence

- Plans and prioritizes work in line with business goals

- Makes course correction & operational adjustments in the light of changing situations

Leading change

- Welcome - change- and believes that change is necessary for survival and growth

- Can quickly comprehend the need for change

- Implement the - change- in a systematic and planned manner

- Keeps people informed about the change process and enlist their support on a sustained basis

Creativity & innovation

- Challenges established methods and continuously looks for ways to improve upon

- Thinks out of box & comes out with new ideas

- Perseveres to implement new ideas to improve processes and products

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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