Position: Lead- Rewards

ROLES & RESPONSIBILITIES:

- Support the design and execution of reward interventions for executive employees, including base compensation, benefits, and long- term incentive (LTI) programs

- Design new incentive plans and periodically review existing long- term incentive frameworks in line with market benchmarks and evolving business needs. Provide advisory support to management on both stock- based and non- stock incentive plans such as ESOPs, SARs, and performance- linked cash plans

- Develop and present data- driven dashboards, management presentations, and detailed proposal notes for the Leadership, Board and the Nomination & Remuneration Committee (NRC)

- Act as a strategic advisor to the Head of Total Rewards & Analytics on matters related to total rewards strategy, design, and governance

- To exercise internal and external benchmarking to analyze and collect market leading best practices and work to introduce the same in the organization

- Provide insights and recommendations to HR and Total Rewards Head regarding non-standard / tailored compensation & benefits packages, based on research and data analysis

- Provide insights to compensation & benefits strategy ; to provide insights and observations based on total rewards surveys and market practices analysis and recommend on related rewards policies

- To support the annual salary review processes

- Work on understanding the organizational structure & context to create relevant Salary Grids & new structures

- Support with developing, managing, and delivering rewards-related training and communication for various stakeholder and leadership teams.

- To identify and implement improvements in the existing processes and policies to increase overall effectiveness

- Manage and ensure compliance with corporate governance, compensation & benefit-related laws.

ADDITIONAL SKILLS:

- Mandatory experience in the administration and management of ESOP plans

- Experience in the design and structuring of long- term incentive (LTI) plans is highly preferred

- Should possess strong knowledge of market trends, best practices and technology

- Strong consulting and facilitation skills

- Strong analytical skills

- Systematic understanding of total rewards, as well as other HR functions

Education Qualification:

- MBA in HR preferably from Tier 1/ Tier 2

Work Experience - 7 to 10 Years of relevant exp