HR Professional - Compensation & Benefits/Total Rewards - IT

Kindly go through the below brief for the role for HR Professional- Talent Management, C&B & Total Rewards:

- Design, develop, and implement Total Rewards strategies.

- Conduct internal and external benchmarking to ensure competitiveness and internal parity.

- Manage budgeting, forecasting, and affordability of rewards strategies across different organizational levels.

- Develop and oversee Incentive Programs, including Key Talent Retention and Long-Term Incentive (LTI) plans.

- Lead the Annual Compensation Review process, ensuring fairness and alignment with organizational goals.

- Implement Goal Setting, Frequent Feedback, and Performance Management practices.

- Manage Leadership Key Performance Indicators (KPIs) to track and enhance leadership performance.

- Lead Succession Planning initiatives, including 360-Degree Assessment of current incumbents, successors,and potential future leaders.

- Utilize workforce planning and targeting through data analytics and predictive analysis.

- Implement Job Architecture & Position Evaluation using methodologies like Mercer IPE (Internal Position Evaluation) to ensure equitable compensation structures.

- Oversee executive promotions based on position evaluation outcomes and organizational needs.

- Provide data-driven insights and inputs to higher management regarding Total Rewards, Performance, and Talent Management strategies.

This role involves a comprehensive approach to compensation and talent management, encompassing strategic planning, data-driven decision-making, and a focus on nurturing and retaining top talent within the organization.