Rewards, Executive Compensation & C&B Specialist

Mumbai

Role Overview:

This pivotal role is at the forefront of designing, implementing, and managing comprehensive compensation and benefits programs, with a strong emphasis on executive compensation, incentive design, and equity plans. You will be instrumental in shaping our total rewards philosophy, ensuring our compensation structures are competitive, equitable, and strategically aligned to attract, retain, and motivate top-tier talent. Working closely with senior leadership, HR Business Partners, Finance, and external consultants, you will provide expert guidance and analytical insights to drive business performance and foster a high-performance culture. Your contributions will directly impact our ability to achieve strategic objectives by ensuring our rewards framework effectively supports our talent strategy and overall organizational success.

Key Responsibilities:

- Develop and manage sophisticated executive compensation frameworks, including base pay, short-term incentives (STI), and long-term incentives (LTI), to align with business strategy and shareholder interests.

- Design and refine innovative variable pay programs, such as sales incentives and performance bonuses, that effectively motivate employees and drive the achievement of critical organizational goals.

- Administer and optimize equity-based compensation plans (e.g., ESOPs, RSUs), ensuring compliance, effective communication, and alignment with market best practices to enhance employee ownership and retention.

- Conduct comprehensive market benchmarking studies to assess the competitiveness of compensation structures, identify emerging trends, and recommend strategic adjustments to maintain market parity and attract premium talent.

- Contribute to the formulation and execution of the overall compensation strategy, ensuring it robustly supports talent acquisition, retention, and performance management objectives across the organization.

- Oversee the holistic Total Rewards philosophy, integrating compensation, benefits, recognition, and well-being initiatives to create a compelling employee value proposition.

- Collaborate with performance management teams to ensure compensation programs effectively differentiate and reward high performance, fostering a culture of meritocracy.

- Manage day-to-day compensation and benefits operations, including annual salary reviews, benefits administration, and policy interpretation, ensuring accuracy and compliance.

Required Skillset:

- Deep expertise in executive compensation design, incentive plan development, equity compensation administration, and comprehensive compensation benchmarking methodologies.

- Strong analytical capabilities for complex data interpretation, financial modeling, and the ability to translate insights into strategic, actionable recommendations.

- Exceptional communication and presentation skills, enabling the articulation of complex compensation concepts to diverse stakeholders, including senior leadership, board members, and employee groups.

- Proven ability to influence and collaborate effectively with cross-functional teams, fostering strong relationships with HR Business Partners, Finance, Legal, and external partners.

- A postgraduate degree in Human Resources, Business Administration, Finance, or a related field from a premier institution is highly preferred.

- Ability to thrive in a dynamic, fast-paced environment, managing multiple priorities and adapting to evolving business needs while based in our Mumbai office.