Senior Lead - Compensation & Benefits

- Should take part in Market Benchmarking exercise with identified partners, design of Pay-Ranges, Reward Philosophy for the group which includes LTI Plans, Incentive Schemes, Mid-Term Correction, Performance Rewards.

- Act as a Custodian of C&B data employee/business/sector level across the group.

- Lead program management of Annual Performance Management Process across the group - Goal Sheet Launch, Mid-Year Reviews, Annual Reviews, drive Roadshows, and ensuring on-time completion.

- Digital Tool (Success Factors) Management for PMP, Promotions, Compensation Planning Module, release of letters on the tool and overall administration of the process.

- Implement new policies like Car Lease Policy, implementation of NPS, changes to PF contributions, etc. Provide policy related clarifications as SME, manage policies on the portal, etc.

- Annual Operating Plans : Compute Cost Projections for regular, consultants and outsourced staff across the group.

- Work closely with Business HRs on budget planning and end-of-the year actuals and consolidation.

- Monthly Payroll inputs : Ensuring compliance related to salary corrections, promotions, special incentives and other payouts.

- Lead and implement special projects like Covid Death Benefit Policy, Changes to PL policy, Severance Pay Package design, Salary Restructuring for more cash-in hand for lower level staff, etc.