Internal Firm Services - Total Rewards - Senior Associate

PWC

5 - 10 years

Bengaluru, Kolkata

Posted: 27/02/2025

Job Description

Line of Service

Internal Firm Services

Industry/Sector

Not Applicable

Specialism

IFS - Human Capital (HC)

Management Level

Senior Associate

Job Description & Summary

At PwC, our people in people strategy focus on developing and implementing long-term strategies to align the organisation's human capital with its overall business objectives. This involves analysing workforce trends, applying the latest HR strategy, long-term workforce planning and improving overall employee experience.

Those in total rewards at PwC will design and implement compensation and benefits programmes to attract and retain top talent. Your work will focus on making sure employees are rewarded fairly and competitively for their contributions to the Firm.

Enhancing your leadership style, you motivate, develop and inspire others to deliver quality. You are responsible for coaching, leveraging team member’s unique strengths, and managing performance to deliver on client expectations. With your growing knowledge of how business works, you play an important role in identifying opportunities that contribute to the success of our Firm. You are expected to lead with integrity and authenticity, articulating our purpose and values in a meaningful way. You embrace technology and innovation to enhance your delivery and encourage others to do the same.

Examples of the skills, knowledge, and experiences you need to lead and deliver value at this level include but are not limited to:

  • Analyse and identify the linkages and interactions between the component parts of an entire system.
  • Take ownership of projects, ensuring their successful planning, budgeting, execution, and completion.
  • Partner with team leadership to ensure collective ownership of quality, timelines, and deliverables.
  • Develop skills outside your comfort zone, and encourage others to do the same.
  • Effectively mentor others.
  • Use the review of work as an opportunity to deepen the expertise of team members.
  • Address conflicts or issues, engaging in difficult conversations with clients, team members and other stakeholders, escalating where appropriate.
  • Uphold and reinforce professional and technical standards (e.g. refer to specific PwC tax and audit guidance), the Firm's code of conduct, and independence requirements.

Preferred Knowledge/Skills:

  • Support the development and design of compensation packages and benefit policies aligned with the organization's strategy, including the regular monitoring, reporting and budget management
  • Coordinates C&B processes like the salary planning, bonus planning, new benefits introduction, etc.
  • Facilitate annual salary review process and annual incentive plan processes in liaison with market, involving budgeting, communication, roll-out, implementation/ change management
  • Work with a benefits team to benchmark and monitor the efficiency of current programs, Be a source of expertise on all projects/initiatives with a reward, benefits, or recognition impact.
  • Keep track to ensure alignment of all compensation systems to general conditions on the labor market as well as on legal regulations
  • Work with managers to help develop market competitive reward programs and support setting up of related processes
  • Keep abreast with emerging trends, issues and best practices and look for opportunities to incorporate them into the organization’s compensation and benefits program
  • Preparation of regular audits and reports for information storage reasons.
  • Perform C&B Analytics that provide insights to business and leadership teams and assist them in decision making
  • Participates as a the team member in strategic projects and initiatives
  • Partner closely with the business and with HR colleagues, building strong relationships to understand and respond to their reward requirements, ensuring all activities are aligned with the overall HR Strategy and Reward philosophy
  • Review salary ranges annually in conjunction with the Reward Program team to ensure our pay structure remains competitive
  • Support and work closely with the Talent Acquisition for bespoke offers and salary benchmarks
  • Benefits - Review, design, implement and communicate benefits programs and activities through robust analysis of market data, trends and participation in relevant market surveys.
  • Monitor utilization of benefits and prevent cost escalation.
  • MBA in Human Resources / Business Administration or similar relevant field
  • Previous working experience as a compensation and benefits specialist
  • Prior experience in HR operations and knowledge of best practices
  • Familiarity with current employment rules and regulations
  • Hands on experience with quantitative and qualitative research
  • Strong interpersonal and communication skills

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required:

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Optional Skills

Accepting Feedback, Accepting Feedback, Active Listening, Analytical Thinking, Benchmarking Studies, Benefits Administration, Benefits Program Design, Bonus Program Design, Co-Creation, Communication, Compensation Strategy, Compensation Structuring, Compliance Awareness, Conducting Research, Creativity, Data Analysis, Data Analytics, Data-Driven Decision Making (DIDM), Data-Driven Insights, Data Storytelling, Embracing Change, Emotional Regulation, Empathy, Employee Compensation and Benefits, Employee Recognition {+ 27 more}

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

No

Job Posting End Date

About Company

PricewaterhouseCoopers (PwC) is a global professional services firm providing audit, tax, and consulting services. PwC helps organizations manage financial risks, comply with regulations, and improve performance through its expertise in industries like finance, healthcare, and technology.

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