Manager - Total Rewards Management - Auto/BFS/BPO/FMCG/IT

Good work experience in Total Rewards management

The incumbent will manage end to end total rewards program and processes that includes compensation planning, managing variable pay plans and long-term incentives.

Design & execute the Design Salary Range, VPI Payouts, promotions, increments, ESOP scheme, salary fitment, shadow increment etc.

The role will cover : -

1) Manage annual salary review process : Conduct compensation benchmark study, Propose various approaches for annual salary review process.

2) Salary fitments : Be custodian of salary fitments process and salary ranges, Revise salary ranges to keep it current on periodic basis. Manage exceptions and senior level fitments

3) Variable Pay : Manage variable pay program of the company in terms of budgeting, provisions, structure and calculations.Participate in review of sales incentive programs design, provide recommendations for improvement

4) Long term incentives : Keep records of grants and vesting for all schemes

5) Benefits : Design, recommend and be custodian of benefits related policies. Spot opportunities to enhance benefit offerings to cater to employee needs and become industry best

6) Audit and compliance