Specialist, Total Rewards, India

Purpose of the Position

The Specialist is meant for someone who is an excellent multi-tasker and had projects handling experience. We are looking for a high-energy individual who is expert in creating and analyzing reports and presenting the critical information in a professional manner.

Principal Responsibilities

Compensation and Benefit System Management

• Assist in the design, development, and implementation of total rewards programs, including compensation structures, incentive plans, and benefits packages.
• Conduct market research and analysis to ensure the organization's total rewards offerings remain competitive and aligned with industry standards.
• Collaborate with cross-functional teams to support the execution of total rewards initiatives and projects.
• Administer employee compensation and benefits programs, including processing payroll, managing employee inquiries, and ensuring compliance with relevant regulations.
• Support the annual performance review process by providing data analysis and recommendations for merit increases and bonus payouts.
• Prepare reports and presentations on total rewards metrics, trends, and program effectiveness for senior leadership.
• Assist in the communication and education of total rewards programs to employees, including conducting training sessions and developing informational materials.
• Stay informed about changes in legislation and market trends that may impact total rewards programs, and make recommendations for adjustments as needed.
• Handle ad-hoc projects and assignments related to total rewards as assigned by the Total Rewards Manager.

MIS & Reports

• Keep track of metrics on a weekly/monthly basis for reporting to the management.
• Create dashboards using Excel, trend analysis, and ad-hoc reports.
• Generate and Publish BI / Excel reports (Daily/Weekly/Monthly) based on Management requirements.
• Create Templates and reports based on requirements.
• Extract reports from various digital Platforms, creating VBA/Macros.
• Manage and delivery the reports with high accuracy and in a timely manner.
• Timely review of data maintenance and accuracy

C&B Daily Operation Management

• Manage the daily C&B activities such as payroll process, merit increase, bonus, budget, promotion actions and benefits administration etc. to ensure compliance with C&B strategy and support company business needs and meet information security requirements.

Statutory Compliance

• Support team with various projects & initiatives including new legislation in employment law & updating relevant ER policies and practices.
• Review and analyze compliance data; Prepare compliance reports as needed including governmental, internal, and audit compliance reporting.
• Support on all the internal and external audits.

Education Background

Bachelors Required / Masters Preferred (Major - HR)

Working Experience

Minimum 6-9 years

Functional Competencies

• Advanced Knowledge in Excel formulas
• Good functional knowledge Of MS BI tool.
• Good functional knowledge in VBA/Macros, Power Query.
• Ability to normalize complex data
• Strong working knowledge of Workday
• Working knowledge of Statistic. (Additional Adv.)
• Experience of HRIS / Workday implementation (Additional Adv.)