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Cochin

    Associate Director - Kochi, India - EY

    EY
    EY Kochi, India

    3 weeks ago

    EY background
    Description

    The opportunity

    The incumbent in this role is expected to manage the Total Rewards portfolio for specific businesses for GDS India. Activities will include supporting the Annual Reward cycle budgeting benchmarking and annual review process. Will include design, conceptualizing and implementing benefits frameworks as well as Policies in line with the cultural nuances of GDS and program managing aspects from design to implementation. He/She will proactively partner with client-facing HR colleagues and local business line management to identify and address compensation issues and evangelize GDN India's total compensation philosophy and strategy to key stakeholders. He/She may be expected to be involved and take a lead on some of the Global solutioning projects.

    Your key responsibilities

  • Responsible for entire life cycle of compensation activities ranging from Compensation benchmarking, budgeting, increase and bonus cycles.
  • Accountable to build and tap existing networks for sources of Market intelligence.
  • Effectively partner with HR colleagues and business clients to manage, consult on compensation and benefit-related issues
  • Provide guidance to the business and develop creative solutions on a variety of total compensation issues including the setting of appropriate fixed pay, variable pay levels.
  • Perform ad hoc analysis for costing, program effectiveness and trend purposes
  • Identify, select and participate in compensation and benefits surveys to analyse the company's competitive market position for each in-country location
  • Conduct custom compensation and benefits surveys with key industry contacts, as needed
  • Proactively look for strategic compensation solutions addressing compensation needs of diverse businesses that impacts the entire with market stakeholders to bring perspectives on how market benchmarking/survey
  • Constantly monitor the policies and recommend changes with a big picture view of impact to budgets, people, process and technology.
  • Conduct focus group discussions leveraging the Talent consultant network to understand what has worked, is working and will work under the benefits area.
  • Leverage technology as much as possible to centralize and cascade benefit programs.
  • Help in the change management process and communicate the same to the larger employees.

    • Skills and attributes for success

  • Comfortable working in a highly matrixed environment.
  • Should be able to understand the nuances of diverse businesses and able to develop solutions that may look customized yet is scalable and can be made consistent
  • Extensive understanding of industry wide Total Rewards programs and how it would work.
  • Problem solving skills and quantitative skills and a track record for planning, doing and auditing work;
  • Significant interaction with senior level members in the Talent team.
  • A self-starter and initative taker
  • Should be able to tap into both Global and local networks to identify Total Rewards program opportunities.
  • An individual who is eager to learn and research on topics.
  • Team player.
  • Work independently. Must be hands-on with high level of energy and professional skills to function effectively and independently in a fast growing environment with diverse stakeholders.
  • Must possess strong verbal, written and interpersonal skills for internal presentations.
  • Ability to seek out information, clearly communicate information and requests and provide quality advice
  • Ability to effectively manage communication and relationships in a highly matrix organization structure
  • Demonstrate the ability to highly network and also look for opportunities to attend external forums.

    • To qualify for the role, you must have

  • Bachelors preferably Post graduate
  • 12-16 years of experience preferably in a similar field.

    • Ideally, you'll also have

  • Good understanding of the principles and practices of compensation and benefits systems and legislation in India
  • Knows basic taxation laws applying to compensation in India
  • Strong analytical, problem solving skills and quantitative skills and a track record for planning, doing and auditing work; able to systematically break down problems or processes into their parts and develop several alternative solutions
  • Highly detail driven with emphasis on accuracy, coupled with the ability to see the broader/big picture.
  • Strong project management skills and ability to manage multiple projects and priorities at once
  • Ability to create tools and models to interpret and analyse data

    • What we look for

  • Be an enabler of high-performance Talent team.
  • Highly detail driven with emphasis on accuracy, coupled with the ability to see the broader/big picture
  • Keen interest to invest time for self-learning, seeking opportunities to work on cross-functional HR projects
  • Working collaboratively in a team environment
  • Comfortable working in a highly matrixed environment

    • What we offer
    EY Global Delivery Services (GDS) is a dynamic and truly global delivery network. We work across six locations – Argentina, China, India, the Philippines, Poland and the UK – and with teams from all EY service lines, geographies and sectors, playing a vital role in the delivery of the EY growth strategy. From accountants to coders to advisory consultants, we offer a wide variety of fulfilling career opportunities that span all business disciplines. In GDS, you will collaborate with EY teams on exciting projects and work with well-known brands from across the globe. We'll introduce you to an ever-expanding ecosystem of people, learning, skills and insights that will stay with you throughout your career.

  • Continuous learning : You'll develop the mindset and skills to navigate whatever comes next.
  • Success as defined by you : We'll provide the tools and flexibility, so you can make a meaningful impact, your way.
  • Transformative leadership: We'll give you the insights, coaching and confidence to be the leader the world needs.
  • Diverse and inclusive culture : You'll be embraced for who you are and empowered to use your voice to help others find theirs.

    • EY | Building a better working world

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