Key Responsibilities:

Global Compensation, Benefits & Mobility

Define the Global Compensation and Benefits Reward Philosophy in line with overall organizational goals, business objectives and employee needs
Manage the requirements of C&B & local Compliance at international offices
Make offer recommendations for global mobility
Create and administer the companys overall compensation framework for management employees including base pay structures as well as incentive / variable pay programs.
Research and scrutinize to ensure that the compensation structure is cost competitive and provide best benefit to the employees
Facilitate creation of the annual salary and increment budgets in consultation with the senior management, BHRs and key stakeholders
Monitor variance analysis based on actual and budgeted amount for manpower forecasting
Work with external consultants to benchmark data, process and practices to ensure the organizations compensation philosophy remains competitive in the market
Prepare annual wage bill for the company and calculate cost impact for increments and bonuses
Run the annual compensation review process on and off the system ( success factors) and timely process of salaries and bonuses
Periodically review the adequacy, effectiveness and efficiency of the company's reward strategy and plans
Plan and facilitate job analysis to determine appropriate market pricing, review and approve salary increases and advise related stakeholders on compensation actions

Performance Management Design & implementation

To ensure implementation of a transparent Performance Management System
To ensure Goal Setting takes place on time and as per guidelines , ensure stronger P03 implementation
To ensure mid-year review, annual appraisals and post audit calibrations are implemented successfully and within timelines.
To ensure that the detailed action plans for each goal and KPI are prepared and reviews take place at regular intervals
Management and operations of global PMS process on PMS Module on Success Factors

Benefits Administration

Identify, implement and> modify employee benefit schemes like health and life insurance, pension schemes, medical reimbursement programs, etc.
Ensure all benefit programs are cost competitive
Communicate to all employees regarding benefit plans available
Interact with external agencies for provisioning of such benefits, and compliance

Policy

Owner of all HR policies update and relevant to the context
Create appropriate policy manuals and documentation support required for the administration of the compensation programs of the organization

Payroll and Salary Administration

Years of experience - 7 to 12 years in core Compensation, PMS, R&R

Qualification - MBA - Full time from a reputed B-School

Lead - Compensation & Benefits, Performance Management