Industry : Banking / Financial Services / Broking
Our Client is looking to hire a Total Rewards Head to look after entire portfolio Compensation, Benefits, Rewards, and PMS.
- Conduct regular market benchmarking and salary surveys to ensure competitiveness.
- Oversee the job evaluation process and manage job grading and salary structures.
- Administer salary increase processes, including merit increases, promotions, and market adjustments.
- Evaluate the effectiveness of current benefits programs and recommend enhancements.
- Ensure compliance with all legal and regulatory requirements related to benefits
- Implement employee recognition programs to promote engagement and motivation.
- Monitor and evaluate the effectiveness of recognition programs and make improvements as needed.
- Prepare and present reports on compensation and benefits metrics to senior management.
- Provide insights and recommendations based on data analysis.
- Conduct training sessions and workshops to ensure understanding and engagement with rewards programs.
- Negotiate contracts and agreements with service providers to ensure cost-effectiveness and quality.
Years of Experience : 10 to 12 Years with core experience of 5 to 6 years into Total Rewards
Industry preference : BFSI, Legacy Companies, FMCG, Pharma, Auto, (with headcount of 15-20K and above)
Must have : Team management experience, should have maturity and capability to handle senior stakeholders, all aspects of Comp, Ben, Rewards, PMS.
Location : Mumbai
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