Planning and Strategizing:
- Understand business needs and strategy of the organisation to incorporate the same in the performance management process.
- Develop the Performance philosophy of the organisation and plan revamping or improving of the performance management system from time to time
- Develop the Performance philosophy of the organisation and plan revamping or improving of the performance management system from time to time
- Develop the Performance philosophy of the organisation and plan revamping or improving of the performance management system from time to time; Develop the Performance philosophy of the organisation and plan revamping or improving of the performance management system from time to time
- Recognize and monitor external marketplace trends and adjust overall PMS strategy to ensure the continued ability for talent retention and business partnering.
- Spearheading the entire gamut of C&B benchmarking; formulating functional strategies as well as preparing budgets/policies & procedures to support C&B infrastructure. Conceptualize & Implement various
- Rewards & Benefits programs such as Base pay, Incentive pay STI & LTI, Joining or Retention Bonus Schemes, Health and Retirement Benefits etc, that are suitable for organization. Participate in Compensation & Benefiting survey in India, analyses survey results and updating CEO on the trends in salary structure.
Policy and Process Design, Implementation and Review
- Plan, design and implement new and innovative performance management processes - technology, metrics, feedback, capability building etc. for ensuring the best performance
- Lead the performance management agenda by driving Performance Management, reward program associated with the process. Design Annual Performance and Development Review and Rewards programs and policies, including governance and metrics design
- Design Annual Performance and Development Review and Rewards programs and policies, including governance and metrics design Design Annual Performance and Development Review and Rewards programs and policies, including governance and metrics design
- Design Annual Performance and Development Review and Rewards programs and policies, including governance and metrics design.
- Project manage the performance assessment including liaising with other HR teams where necessary, ensuring all deadlines are met and activities are completed on time Project manage the performance assessment, rewards and promotion processes across entities, including liaising with other HR teams where necessary, ensuring all deadlines are met and activities are completed on time Project manage the performance assessment, rewards and promotion processes across entities, including liaising with other HR teams where necessary
- Ensuring all deadlines are met and activities are completed on time Project manage the performance assessment, rewards and promotion processes across entities, including liaising with other HR teams where necessary, ensuring all deadlines are met and activities are completed on time.
- Create career paths for all unique positions from time to time, ensure that career paths are aligned to employee value proposition and industry best practice. Prepare Proposals to Remuneration(REM) Committee upon Annual Merit Increase, Pay reviews, Market Corrections and Promotion Recommendations.
- Implement Various employee benefits programs such as Company Car, Medical, Gift Cards with all tax saving tools for tax optimization and benefit maximization. Plan and kick start Annual Merit Increase cycle along with the HR Operations team. Conduct Job evaluation, Job/Role mapping, Salary Banding exercise.
Coordination, Interface, Imparting Training to Internal and External entities:
Act as a subject matter expert on performance management within and outside the organisation, answering employee queries on PMS. Ensure that business is kept up to date on PMS status and reviews. Act as a subject matter expert on performance management / C&B, evaluate emerging trends, technological advancements and best practices Act as a subject matter expert and single point of contact in performance management and rewards
- Monitor legal developments, evaluate emerging trends, technological advancements and best practices Act as a subject matter expert and single point of contact in performance management and rewards
- Monitor legal developments, evaluate emerging trends, technological advancements and best practices Act as a subject matter expert and single point of contact in performance management and rewards
- Monitor legal developments, evaluate emerging trends, technological advancements and best practices
- Maintain Internal & External Pay Parity, Avoid outliers and maintain Rewards program's operational excellency.
Infrastructure and Technology Investment and Management:
- Work with the implementation partner to roll out the Human Resource Management System (HRMS) for hosting the PMS
Key Operational tasks:
- Develop & manage performance tools, processes, programs and projects to evaluate, measure and improve employee performance.
- Assess and develop appropriate KPI and performance goals for specific positions and departments globally.
- Analyze the impact of employee performance interventions on organizational performance and provide reports on the same.
- Design and evaluate performance appraisal and tracking systems
- Evaluate the goal sheets of all employees to ensure goals are set in line with the organizational expectations.
- Awareness and timely execution of year end review process.
- Design and deliver the framework for enhancing successor rediness and customized IDPs
- Responsible for creating a culture that fosters high performance, innovation and customer focus.
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