Lead - Performance & Rewards - Online/Internet

What is this role all about?

- Designing, Implementing, Controlling and Monitoring Total Rewards & Performance Management.

- Establishing Human Resource Data Management and retrieval System.

- The successful candidate will be responsible for managing end to end compensation and benefits, performance management, HRIS, employee grievance

Responsibilities - What will you do?

- Own and drive total rewards and performance management

- Performs compensation and benefits benchmarking studies by working with consulting partners to submit survey information for compensation programs. Receives survey reports and performs detailed data checks and analysis. Performs data comparisons and insights to support Pay range development process.

- Supports the planning and execution of the annual Merit Planning process. Performs analysis such as Comp Ratio and cost impact analysis to evaluate impact of proposals.

- Be the central custodian of performance management system. Drive the PMS process in collaboration with Business HR

- Works with HRBP teams and business to ensure due delivery of PMS awareness training, implement processes for KRA Setting, Performance Review, and Bell Curve Fitment, ensure line managers comply with feedback/appraisals process, performance plans for all employees etc.

- Ensure timely quarterly performance reviews and prepare their action plans for employees with low ratings, handle appraisal related grievances, post appraisals/increments promotion analysis etc.

- Works with consulting partners and internal stakeholders for timely and accurate submission of data and work on a communication strategy to spread awareness for both Rewards and Performance processes

- Performs analysis of compensation programs and performance management modules. This may include calculating costs and/or value of compensation programs such as base salary structures, Short Term Incentive (STI) and Long Term Incentive (LTI) analysis, health insurance plans, KRA setting and Appraisals Analysis.

- Manage various regulatory compliance in collaboration with Vendors and manage payroll administration

- Responsible for researching, resolving and responding to queries and escalations from employees and management related to compensation policy, benefits programs and performance management.

Job Environment :

- Will work in collaboration with various internal stakeholders & BU heads & will be managing multiple vendors & agencies for the function. Has to work in confidentiality of data & compliance framework

Qualifications, Experience and Characteristics Required:

- MBA/PGDBA in HR (preferably from premier institutes) with 5 to 8 years of relevant experience.

- Organizing & Planning skills

- Adherence to SOP's & Protocols

- Good Analytical skills.

- Should have sound knowledge of PMS and Rewards domain

- Hands on experience in MS office - Power point & Excel

- Confidentiality & Maturity to handle situations & stakeholders.

- Excellent communicator & presenter