Gm - Rewards & Recognition - Mumbai, India - Vodafone Idea

Vodafone Idea

Verified Company

Mumbai, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job Req ID:

Location: Mumbai, IN- Function: Other- About:

Role General Manager
Rewards & Recognition CoE

Function Corporate HR

Sub function Rewards

-
Job Purpose

To analyse, develop & partner in implementing Compensation & Benefits practices and Recognition framework for VIL
Lead Rewards CoE for VIL subsidiaries
To manage International Mobility and related initiatives and support the CHRO in Headcount Reporting & Cost Analytics nationally across all functions and bands at VIL.

Key Accountabilities

To develop and lead the framework for national Rewards & Recognition at VIL, towards building a culture of encouragement for excellence and driving desired behaviours:

Designing, implementing and driving a national recognition framework
Creating effective communication plan and awareness around the R&R framework
Governance of the R&R program
Digitization of R&R to enable a consistent and enhanced employee experience

OE Portfolio:

Headcount & Cost Analytics and Reporting:

Managing and assisting with CHRO and business/internal stakeholders for tracking, governance and analysis of function and band wise cost efficiencies
Leading the Manpower Planning & Cost Budgeting exercise for VIL and its subsidiaries
Responsible for Headcount Reporting and tracking of Synergy Savings
Rewards Analytics and Insights

International Mobility Management:

Partnering with Central IM team and IM Champions from other Vodafone locations for supporting assignment related movements/benefits/costs, and all other initiatives pertaining to assignees
Managing Annual Variable Pay payouts and SBU reviews for assignees

Lead Rewards CoE for other entities and subsidiaries of VIL:

Manage CoE activities for VIL subsidiaries such as VISSL, YBB, etc.
Set up and review Rewards framework for VISSL and Senior Leadership at YBB and support other legal entities for similar scope.
Responsible for ensuring alignment of Rewards and Policies during inter entity movements/transitions
Liaison with subsidiaries management team for milestone Rewards deliverables
5.

Rewards & Benefits Benchmarking, Market Study and Analysis:

Coowning and partnering with both internal and external stakeholders in sourcing & analysis of industry/market data to aid in Rewards decision making and policy development. Partnering with external consultants on salary benchmarking surveys etc. to gather market competitive data
6. Study, Develop and Review defined Compensation and benefits Processes Partnering in designing & implementation of Annual Pay Review Cycle, Promotion cycles, LTIP/STIP Plans
Monitoring and providing design support to Consumer & Enterprise HRBPs to make the SIP framework effective with changing market dynamics
Building Digital Rewards and driving the Digital Rewards Agenda for the CoE
Drive, Monitor and provide Guidance to Cluster Rewards SPOCs for effective reach and implementation of various national Rewards Processes as well as employee policies
Develop and drive Rewards Capability Building initiatives for Cluster Rewards SPOCs to enhance Domain knowledge and building internal talent pool.

Core Competencies/ Skills/knowledge