Manager-Compensation, Performance & Rewards

This role is a full time role with our global manufacturing client.

Role Purpose:

To manage the design, implementation, and administration of compensation, performance management, and benefits programs that attract, motivate, and retain talent while ensuring internal equity and external competitiveness.

Key Responsibilities

Compensation

• Manage annual salary review, increment, and promotion cycles.
• Conduct salary benchmarking exercises with external market data and support job evaluation.
• Maintain and update internal compensation structures, pay ranges, and allowance frameworks.
• Coordinate with HRBPs and finance teams for payroll inputs, compensation letters, and analytics.
• Ensure compliance with organizational compensation policies and statutory norms.

Performance Management

• Support implementation of the performance management cycle (goal setting, mid-year and annual reviews).
• Manage system configurations, timelines, and communications related to performance reviews.
• Generate analytics on performance ratings, normalization, and trends for management decisions.
• Facilitate calibration sessions and performance moderation discussions.

Employee Cost Budgeting

• Partner with Finance and HRBP for preparing annual budgeting .
• Track actual spend versus budget and provide variance analysis with actionable insights.
• Provide cost simulations and analysis for compensation proposals or structural changes.

Benefits and R&R Administration

• Assist in managing employee benefits programs (insurance, wellness, leave policies, etc.).
• Coordinate with vendors/consultants on the various support taken for R&R, Benefits, Compensation platform
• Respond to employee queries and ensure smooth benefit operations.
• Monitor benefits utilization and recommend cost optimization measures without impacting employee experience.

Analytics & Reporting

• Prepare periodic analysis on compensation and performance metrics.
• Provide insights on pay positioning, and performance trends.
• Support audits and governance requirements for total rewards processes.

Key Skills & Competencies

• Strong analytical and numerical skills.
• Proficiency in MS Excel and HR systems (SAP / SuccessFactors ).
• Understanding of compensation and performance management frameworks.
• Excellent communication, coordination, and stakeholder management skills.
• Eye for accuracy and data integrity.

Qualification & Experience

• Education: MBA / Postgraduate in HR or related field.
• Experience- Mid-Level (Assistant Manager / Manager): 48+ years of relevant experience in total rewards/C&B/PMS or HR operations.

Success Indicators

• On-time execution of compensation and performance cycles.
• 100% Accuracy in data and reports.
• Improved process efficiency and employee experience.
• Positive feedback from HRBPs and business stakeholders.