Manager - Rewards & Compensation - IT/Online (5-10 yrs) - Mumbai, India - iimjobs

    iimjobs
    Iimjobs background
    Full time
    Description

    Position :
    Manager - Rewards & Compensation


    Job Location:
    Mumbai


    Qualification:
    MBA in HR

    Experience - 3 to 8 years experience in Rewards. - Must have managed Rewards with minimum2 appraisal cycles.


    Company Overview - About Us:


    They are one of the leading unicorn organization of India leading in their field in 100+ countries across the world.

    They are one of the most successful startups of the modern era in terms and revenue and growth.

    They are the No.1 Start-up in India, as per the LinkedIn Top Start-ups 2020 list.

    This is the third year in a row that they have been featured as one of the Top Start-ups by LinkedIn after 2018 and 2019.


    Role and responsibilities:

    • Supports the annual compensation review planning process, pay equity implementation and compliance
    • Stay abreast of existing and proposed statutory and legal requirements, and work on appropriate
    course of action as needed

    Validate final payroll inputs relevant to compensation team- data consistency check, corrections and conduct regular audits

    • Support special projects with regards to job role architecture, compensation framework and guidelines. International market pay parity and benefits
    • Benchmarking compensation and incentive programs with our peer group and companies adopting best practices in this space.
    • Accountable for overall performance management, including timely and quality execution.
    • Drive change towards dataled performance management
    • Design and execute a realtime OKR & KPI monitoring framework, publish dashboards and drive closure.
    • Collect, analyse, and interpret data to evaluate performance and identify trends.
    • Partnering with BHRs to understand business specific scenarios and supporting solutioning on performance and rewards.
    • Partner and work closely with stakeholders to manage the delivery of market benchmarking exercises for India and International, total rewards statement updation , salary planning, promotion fitment, offer governance & dashboarding.

    Requirement :

    • Strong analytical mindset, knowledge of quantitative and qualitative research methods and advanced experience in Microsoft excel / PowerPoint tools
    • Certification in compensation / rewards not mandatory but good to have
    • Typically requires 5 10 years of relevant experience with at least 4 or more years of experience within the compensation space