Manager- Corporate Rewards & Productivity

Job Title: Manager/DGM Corporate Rewards & Productivity

Job Type: Permanent, Full-time

Function: Corporate Human Resources

Business: Godrej Industries Group

Location: Mumbai, Maharashtra, India

About Godrej Industries Group (GIG)

At the Godrej Industries Group, we are privileged to serve over 1.1 billion consumers globally through our businesses with market leadership positions in the consumer products, real estate, agriculture, financial services and chemicals industries.

About the role

This role is part of the group rewards team and will work on rewards program supporting multiple businesses across 5 sectors and 4 continents.

The role will have two levels of impact

• Business as usual part of the role will focus on running the rewards cycle in co-ordination with businesses in a seamless, efficient, tech enabled and group-aligned manner
• Strategic rewards management will focus on mid to long term initiatives, enhancements and projects around various aspects of compensation and benefits

Key Responsibilities:

Rewards Cycle Management: Frame guidelines for Annual Compensation review. Work with business counterparts on curating the increment and bonus proposals. Review the proposals and facilitate rollout.

Executive Compensation Management: End to end ownership of rewards cycle for senior executives across group companies. This includes market benchmarking, offer design for new hires, annual increment proposals, managing NRC/Board related processes, transfer/exit related actions.

Strategic Rewards

• Strengthen articulation and rollout of group rewards philosophy
• Review current status of various bonus and long term incentive plans
• Suggest changes to bonus plans during annual reviews
• Prepare new long term incentive plans as and when needed
• Periodically review various benefits and policies and ensure that they stay ahead of the curve
• Develop frameworks to assess fairness, efficiency and effectiveness of group rewards programs
• Use the framework to identify improvement areas and associated actions
• Drive special projects focusing on areas like gender pay parity, total rewards communication, productivity deep-dives, etc

Technology Enhancement: Identify opportunities to enhance and automate data and dashboard systems to improve efficiency, accuracy, and accessibility. Manage projects from start to finish, including scoping, planning, testing, and deployment.

Data Analytics & Insights: . Conduct an analysis of workforce data to identify areas for improvement in productivity and effectiveness of rewards strategy

Stakeholder Management: Engage with business to provide advice from a Total Rewards perspective and act as a strategic partner with the Business as necessary. Drive analytics to provide insights to business leadership on the internal/external trends regarding the competitiveness of pay and movements in compensation.

Who are we looking for?

Education:

• Masters degree preferably in HR or business from a Tier 1 institute

Experience:

• 5+ years of relevant experience in total rewards (Compensation and Benefits, long term incentives, executive compensation) including experience building financial/compensation models
• Advanced knowledge of Excel, Powerpoint and HRIS

Good to Have:

• Knowledge of executive compensation and benefits regulations, taxation regulations

Skills:

• Excellent communication (written and verbal) and influencing ability
• Excellent analytical skills, attention to detail, problem solving skills and logical thinking ability
• Financial and business acumen
• Project management
• Ability to respond very well to the dynamic atmosphere with a high level of maturity and an acute sense of audience to determine the best approach
• Manage confidential and sensitive employee information and adheres to strict data privacy standards

Whats in it for you?

Be an equal parent

Childcare benefits for the birthing parent, commissioning parent (in case of surrogacy) or adoptive parent, and their partners

• 6 months of paid leave for primary caregivers, flexible work options on return for primary caregivers
• 2 months paid leave for secondary caregivers
• Caregiver travel for primary caregivers to bring a caregiver and children under a year old, on work travel

Coverage for childbirth and fertility treatment

No place for discrimination at Godrej

Gender-neutral anti-harassment policy

Same sex partner benefits at par with married spouses

Coverage for gender reassignment surgery and hormone replacement therapy

Community partnerships and advocacy

Persons with Disability (PwD) care

We are selfish about your wellness

Comprehensive health insurance plans, as well as accident coverage for you and your family, with top-up options

Elder care for those who might need to extend support to senior family members

Preventative healthcare support

Outpatient Department (OPD) coverage, including vaccinations, dental, vision, etc.

Uncapped sick leave

Flexible work options, including remote working and part-time work

Mental wellness and self-care programmes, resources and counselling

Celebrating wins, the Godrej Way

Structured recognition platforms for individual, team and business-level achievements

Digital and offline instant recognition platforms

An inclusive Godrej

Before you go, there is something important we want to highlight. There is no place for discrimination at Godrej. Diversity is the philosophy of who we are as a company. And has been for over a century. Its not just in our DNA and nice to do. Being more diverse - especially having our team members reflect the diversity of our businesses and communities - helps us innovate better and grow faster. We hope this resonates with you.

We take pride in being an equal opportunities employer. We recognise merit and encourage diversity. We do not tolerate any form of discrimination on the basis of nationality, race, colour, religion, caste, gender identity or expression, sexual orientation, disability, age, or marital status and ensure equal opportunities for all our team members.

If this sounds like a role for you, apply now!

We look forward to meeting you.