Job Purpose and Key Accountabilities - Lead the Compensation & Benefits (C&B) function: driving the global design, standardization and implementation of the C&B policies and procedures in order to ensure a competitive position in the global talent market. In this role the incumbent will lead the Total Rewards (Executive Compensation, Payroll, Non- Monetary Rewards & Benefits) for our multiple business entities spread across the Globe. The primary responsibilities of the position are: Total Rewards Plan Formulation & Implementation - Design the C&B plan and policies for the organization. Drive implementation providing support on interpretation and implications as required - Drive & design uniform & business supportive Variable pay and other incentive plans. Roll it out and administer implementation across all entities - Responsible for proposing and executing change concerning C&B policies and guidelines. - Support compensation fitments for new hire offers in partnership with the TA team to ensure internal & external pay parity while hiring from the market & when moving the internal talent to other entities & countries - Transforming existing benefit programs by recommending design changes that would work from Global, local cultural perspective and cutting through a diverse workforce - Develop & Implement Non-Monetary rewards Programs Compensation & Benefits Programs Implementation & Roll out - Work with Consultants & vendors and ensure timely completion of C&B projects/Exercise - Oversee end to end management and communication of C&B policy - Manage multicounty C&B practices for all entities, ensure payroll compliances - Ensure compliance to local laws wrt C&B and ensure timely pay-out of PF/SAF/Gratuity (social security) - Provide C&B scenarios to work on Annual Salary Increments in line with internal budget & Market benchmarks. Ensure its application & administer implementation - Market Intelligence, Research & Inputs for Strategy Development - Drive the Global market benchmarking exercise. Identify suitable comparator basket across regions & entities to present the most comprehensive & accurate information - Present level wise compensation benchmarking & gaps reports to GCHRO, - Leadership and HR team & build consensus to apply the same - Interface with external vendors to participate in C&B surveys to enable benchmarking of company positions - Evaluate and compare existing benefit and recognition programs both local and global to identify key differences and possible areas of alignment. - Bring in industry insights with an outside-in perspective Coordinating with internal & external stakeholders - Partner with finance/tax, legal and local HR payroll teams to ensure compliance with local laws and regulations related to payroll, and compensation & benefits programs. - Develop and maintain strong relationships with external partners, including benefits providers, compensation consultants, and other vendors. - Collaborate with other HR teams to ensure that compensation and benefits programs are integrated with other HR programs and initiatives. Team Development - Design and provide education and training to managers and employees on compensation and benefits programs, merit process, bonus, and other C&B topics. - Attend seminars, exhibitions, and training programs to continuously update knowledge. - Continuously hone up desired competencies to perform exceedingly well in the role - The role will require interactions with various stakeholders such as all regional CEOs, CFOs, Global CXOs, Vendors, Partners, Industry forums and External Consultants. Candidate Profile: - The ideal candidate for this role will be a seasoned and highly qualified person with extensive experience in - Managing Total Rewards / C&B Functions for a large global organization. The individual will need to have strong experience 8-15 years. - S/he should have a strong executive presence, relationship building skills and an ability to make an impact with internal / external stakeholders. Education and Experience Guidelines: - Minimum Degree: MBA /PGDM with minimum 8-15 years from a Tier 1 Management Institute.

Mumbai

TrekW - Head - Compensation & Benefits & Global Mobility - Manufacturing - TISS/XLRI/MDI/FMS 

Job Description for TrekW - Head - Compensation & Benefits & Global Mobility - Manufacturing - TISS/XLRI/MDI/FMS  in TrekW in  Mumbai for (8-15) years of experience. Apply Now!