- Take part in Market Benchmarking exercise with identified partners, design of Pay- Ranges, Reward Philosophy for the group which includes LTI Plans, Incentive Schemes, Mid-Term Correction, Performance Rewards.
- Implement Performance Linked Incentive plan for all group entities and other incentive plans
- Ensure necessary data related to benchmarking exercise is prepared and shared with the partners. Take part in running simulations, management presentations and influencing decision making process.
- Review, analyze and implement any change in law in the areas of Wages, Taxation laws and Statutory Compliances across the group. Ensure implementation of any changes in law through preparing simulations, presentations, management approvals, and implementation.
- Benchmark Directors Remuneration, presentation to NRCs, manage SLT remuneration including GHB and Board Directors to ensure compliance.
- Lead program management of Annual Performance Management Process across the group - Goal Sheet Launch, Mid-Year Reviews, Annual Reviews, drive Roadshows, and ensuring on-time completion.
- Lead annual increment and variable pay cycle for the group through market benchmarking, analysis, preparation of presentations for policy decisions, accurate budget projections, approval and implementation.
- Support in Benchmark & formulation of HR policies & processes, programs and practices in view of new business & statutory requirements.
- Lead automation project of AOP HC and cost across businesses, ensure design of data templates and ensure implementation including data upload.
- Lead system/process improvements in the areas of comp/policies and associated processes in SAP/SF and other means
- Drive Changes in compensation structures, introduction and maintenance of new components, administration and monitoring.
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