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27/05 Dilnavaz
Recruitment Manager at Merrin & Associates

Views:402 Applications:118 Rec. Actions:Recruiter Actions:2

Lead - Global Compensation & Benefits - Automotive (13-18 yrs)

Bangalore Job Code: 930197

Key Job Responsibilities:

- Develop, execute and implement the company's global Compensation & Benefits (C&B) strategy and programs in alignment with Company's strategic priorities and business performance.

- Design, develop and implement compensation, variable pay and incentive strategies in accordance with the principles of internal equity, external competitiveness and performance differentiation.

- Benchmark and apply best-in-class approach in determining pay mix, rewards and benefit plans to ensure that role & performance mandates, also capabilities and behaviors drive achievement of organizational outcomes.

- Ensure long term incentive plans support multi-year strategic performance goals for the business.

- Identify and nurture partnerships with experts (including external partners) to ensure that our solutions & practices continue to be relevant and benchmarked with best-in-class practices globally.

- Ensure timely design and implementation of annual compensation review process, also policy & process enhancements.

- Drive global implementation of C&B initiatives as per annual functional plan and budgets, delivering it at affordable and sustainable cost.

- Drive audit compliance and operational excellence in the management of functional deliverables.

- Ensure process standardization, integration and automation of C&B systems with HR & Payroll systems.

- Align C&B deliverables with statutory & governance frameworks, to drive integration and compliance across geographies.

- Partner and collaborate with diverse stakeholders on organization design, job evaluation, competency framework design to ensure that C&B policies support our efforts at attracting and retaining talent in a competitive marketplace.

- Coach and guide a lean team to execute on Functional priorities, also drive internal partnerships with extended HR and business teams.

Key Performance Metrics (Year 1 & 2) :

- Execution on planned goals of annual compensation review, policy and process design

- Payroll and C&B systems integration with HR, Recruitment, Finance and Business processes

- Optimum utilization of budgets, resources (including people)

- Team leadership metrics to ensure performance accountability and impact

- Process & audit compliance metrics

Capabilities and Attributes :

- C&B design and policy knowhow, including deep functional experience preferably in similar tech business environments (15+ years post qualification)

- Ability to collaborate, network and work in a matrixed environment, and build cross team partnerships

- Ability to influence with impact across levels, with an analytical and decisive mindset

- Planning & organizing, and program management skills

- Learning agility and curiosity, including ability to learn & implement best practices

- Ability to work beyond boundaries, integrate own efforts with broader people and business strategies

- Strong communication and interaction skills

Women-friendly workplace:

Maternity and Paternity Benefits

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