Total Rewards Analyst - Greater Bengaluru Area, India - United Breweries Ltd.

Description

Role Title: Total Rewards Analyst.

Education guidelines :Minimum Qualification: MBA in Human Resource Management.

Desired experience : 1 to 3 years of experience

Broad knowledge of multiple HR disciplines including compensation practices, benefits administration and management.

Key Accountabilities :

Rewards management

Drive design and implementation of Rewards policies for the organization.

• with the Regional Rewards for market benchmarks and providing inputs for the annual compensation benchmarking survey.
• compensation fitments for new hire offers in partnership with the TA team to ensure internal and market pay parity while hiring from the market.
• with annual year-end process and implementation of incentive plans.
• end-to-end insurance management from renewal, communication of policy benefits, collation and sharing of data to liaising with vendors for resolution of issues.
• Provide expertise to the HR team to leverage C&B as a differentiator to enhance UBL's ability to attract, retain and motivate top talent.
• Drive adherence to declared calendar and timelines. Facilitate decision making on promotions, increments and salary corrections.
• Ensure timely action on the Equal Pay assessment and Fair Wage assessment in the organization to support the global rewards agenda.

Policy design and review

• benchmarking and update operating frameworks, policies and procedures for HR processes based on business priorities.
• implementation of defined policies and procedures across the plants/ units and monitor adherence to them.
• appropriate communication on policies & processes to all employees.
• as Centre of Excellence for HR; Provide guidance, review and update HR policies and guidelines to support HR teams in delivering HR agenda.
• as a consultant to managers and staff regarding policies and procedures.

Audits & Compliance

• Support the internal, external and global audit of HR processes pertaining to benefits and related processes by providing requested data/ process details in a timely manner.
• Review HR compliance related reports and respond to audit queries by auditors/ regulators to ensure compliance.
• Ensure timely testing of internal financial controls pertaining to Rewards.

Support to Global Mobility and Expats

• required process and documentation support to the assignees to UBL on LTA or STA in coordination with the Global Mobility team and vendors.
• timely prior approval for the Global mobility invoices in alignment with the assignment terms and payments against the same.
• compliance of tax guidelines and processes laid down by the Government for the remuneration and benefits provide to the Expats.