AGM/DGM - Performance Management - Mfg

Profile Brief:

Performance Management:

- Implement and manage the Performance Management System (tools, automation)

- Facilitate BSC/ goal setting for all L0 and L1s

- Provide People Manager training for BUs

- Drive adherence to PMS process timelines (goal-setting to final appraisals) across BUs

- Monitor quality of goals, reviews across levels

- Define Increment grid for the year

- Drive Moderation and Normalization across BUs

- Manage increments of all CXOs

- Manage promotion process of all GM and above

Total Reward Management:

- Define pay philosophy/ structure for Electric

- Design benefits package for Electric

- Complete compensation benchmarking

- Define level-wise Pay ranges for Electric

- Design and implement Variable Pay plan

- Design Incentive plans for BUs

- Design high impact R&R programs

- Tie up/ manage outsourced Payroll partner

- Run payroll for Corporate office employees

Evaluation Matrix:

- Quality of Performance System and practices at Electric

- Adherence to the PMS across BUs

- Adherence to Group norms (PMS Guidelines, PMS Survey)

- Employee engagement and retention at GM and above level

- Maturity of C&B practices at Electric

- Manpower costs for Electric