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    Senior Manager - Bengaluru, India - AB InBev India

    AB InBev India
    AB InBev India Bengaluru, India

    11 hours ago

    Default job background
    Description
    Do you want to be a part of the fascinating story of over 500 iconic brands spanning across more than 100 countries?
    Being the best beer company starts with finding the best people. While we have big brands, we have bigger opportunities as well.
    AB InBev India is looking to hire

    Senior Manager - Rewards & Wellbeing

    for its

    People

    Function based out of

    Bangalore.


    Primary Purpose of the role:
    Partner with the key business stakeholders and drive the Rewards Philosophy of ABI for India BU.


    Roles & Responosibilites:

    Rewards:
    Define & Execute the Total Rewards strategy for the Business in India
    Lead the Annual Rewards review for India, including incentive (bonus) payment and merit review processes
    Work with Global team on Job Evaluation and various Global Projects in Rewards
    Benchmark reward structure with other like industries and execute the best practices

    Execute the strategy set by the India Rewards Lead for employee benefits, including (but not limited to) processing of relocation, recognition awards, management of service awards etc.

    Lead the Rewards specific people cycle activities, coordinating with wider team as appropriate to deliver incentive (bonus) payment and merit review processes
    Manage purchase orders and goods receipting against the Rewards budget and provide regular reports to the India Rewards Lead high lighting any risks in a timely manner
    Respond to queries from employees and work to identify solutions to system / user issues in-line with the employee product benefits policy
    Track costs against the Rewards budget and provide regular reports to the Rewards Manager highlighting any risks in a timely manner


    Recognition:
    Own and manage the Reward and Recognition programs while optimizing and maximizing the R&R budget

    Drive, socialize, gain approval for, and implement a multi-faceted safety rewards and recognition pillar within the organisation, serving as the subject matter expert and champion for employee recognition initiatives.


    Payroll:
    Managing regular monitoring of payroll schedule
    Ensuring the audit compliances are met and prepare MIS, Audit reports, Actuarial reports of Gratuity and leave encashment
    Reviewing the monthly payroll input file and incorporation of various inputs which includes variable pay, awards, referral bonus, other allowances, incentives, deductions (travel advance & salary advance, company specific deductions, salary recovery, facilities deduction, Loss of Pay advice etc.)
    Ensure compliance with Payroll statutory norms reporting & Tax Filings as per rules.
    Ensure that all the statutory payments are made on time


    Wellbeing:
    Design and implement inclusive workplace wellbeing programs aligned to organisational objectives of achieving highest standards of employee wellbeing.
    Monitor and evaluate the impact of wellbeing initiatives on employee satisfaction and productivity.
    Stay current on the latest research and trends in workplace health and wellbeing.
    Manage relationships with stakeholders, including senior leaders and teams such as internal communications, and external providers.
    Prepare & maintain the Wellbeing Calendar across all functions and locations in collaboration with all stakeholders.


    Education level /or experience:
    4-6 years of relevant experience
    MBA in HR from a Tier 1 institute B-School or a Business / Related degree
    Excellent MS Excel skills, Data Analysis
    Intermediate MS Word, Office and PowerPoint skills
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