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Compensation Strategy & Design: - Develop, implement, and manage compensation structures (fixed, variable, incentives, retention plans) aligned with business objectives and market competitiveness. - Conduct benchmarking, salary surveys, and market analysis to ensure internal equity and external competitiveness. Benefits Administration: - Design and manage employee benefits programs (health, insurance, retirement, wellness, etc.). - Evaluate effectiveness of benefits and recommend changes in line with employee needs and cost optimization. Performance & Rewards: - Drive annual compensation review cycles (increments, promotions, and bonus payouts). - Partner with business leaders and HRBPs to ensure fair, transparent, and performance-driven reward systems. Policy & Compliance: - Ensure compliance with statutory requirements, labor laws, and company policies. - Maintain governance and documentation for compensation & benefits programs. Analytics & Reporting: - Create dashboards, reports, and insights on compensation, benefits utilization, and workforce cost analysis. - Provide recommendations to leadership for strategic decision-making. Employee Engagement & Communication: - Communicate reward policies, benefits, and compensation philosophy effectively to employees. - Act as a subject matter expert for employee queries related to pay, benefits, and rewards. Special Projects: - Support M&A integration, organization restructuring, and mobility programs from a rewards perspective. - Partner with global/region teams to drive consistency in Total Rewards programs.

Mumbai

Total Rewards Manager - FMCG/Agri 

Job Description for Total Rewards Manager - FMCG/Agri  in Winfort Services Pvt ltd in  Mumbai for (1-5) years of experience. Apply Now!