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Manager - Total Rewards

2.00 to 0.00 Years   Mumbai City   09 Jun, 2021
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryManufacturing
Functional AreaSales / BD
EmploymentTypeFull-time

Job Description

*Compensation & Benefits:

  • Support the PMS, Compensation, Benefits and Total Rewards efforts for the Piramal Group.
  • Facilitate, design, develop & implement Global Rewards solutions for all businesses.
  • Undertake benefits and best practices in rewards benchmarking in India and other countries like US, Canada, UK and European Markets.
  • Revamping Recognition Programme. Sales incentive redesign, retention Plan for top performers and critical talent etc
  • Liaise with external agencies such as Aon Hewitt, Mercer, Towers Watson etc. to conduct market assessments / benchmarking and compensation consulting in line with business needs. Responsible for proposing and executing change with respect to C&B policies and guidelines
Performance Management:
  • Responsible for managing the KRA setting process, mid-year review and year-end annual review cycle as process custodian, working closely with Business HR to ensure that process standardization and timeline adherence is achieved.
  • Publish the Goals & STI Setting Calendar. Facilitate Quality Audit of Goals & STIs Sheets within timelines
  • Planning and implementing Corporate Training Calendar with respect to PMS implementation and guidelines. And the requisite cascades/communication is as per plan
  • Process Champion for the Online Performance Appraisal process of the organization. Responsibilities include inducting employees on the appraisal process, developing an online system, assisting managers with implementation of the process, conducting calibration meetings with HODs and handling employees queries and anxieties
  • Creating Competency framework and responsible for job analysis/evaluation as and when required for new positions / promotions / ungraded roles etc.
  • Partner with Business HR and Business Heads for initial diagnosis assessment existing Organization Structure & grades; Analysis of job roles (Job Analysis), design new or modify existing structures / grades to align with business needs. Identification of critical resources.
, *
  • 2-Year Full Time MBA or equivalent course
  • Strong experience of at least 2 years in a similar role within a corporate; large conglomerates, organizations.
  • Experience in job analysis/evaluation, market pricing, C&B policies, year-end annual review cycle etc.
  • Experience in Global Mobility & Compensation preferred

Keyskills :
quality auditbusiness hrperformance appraisalcorporate trainingmarket pricingmarket assessmentsexternal agenciesperformance appraisal processglobal mobility

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