Every career journey is personal That s why we empower you with the tools and support to create your own success story Be challenged Be heard Be valued Be you be here Job Summary The Senior Manager Total Rewards will lead the strategic planning development and administration of our employee benefit programs in India This includes developing and offering employee benefit plans that are both fiscally responsible and provide excellent coverage by ensuring these programs are competitive compliant with legal requirements and aligned with Bread Financial s goals This role is pivotal in perks strategy budget audit communications and vendor management focusing on enhancing associate well-being and maximizing benefit utilization This position will also be responsible to the analysis design implementation and administration of competitive compensation programs that are innovative compliant and cost-effective to support the organization s business strategy Essential Job FunctionsPartner closely with the U S based Benefits Director and Senior Manager during the annual renewal planning and execution for India benefits Partners with People and Culture teams and other stakeholders to implement program changes and new vendors - 15 Partner closely with the U S based Compensation Senior Director to conduct complex market evaluations provide compensation recommendations and consult on market competitiveness and internal pay equity - 15 Manage ongoing relationships with internal partners external consultants brokers and vendor partners to ensure satisfactory service standards Collaborates with vendor management legal and finance to evaluate - 10 Manage develop and implement a comprehensive benefits strategy that aligns with company goals and enhances employee satisfaction and retention Design access evaluate and modify benefit policies to ensure they are current and market competitive e g associate surveys benchmarking etc - 10 Develop and deliver communications to associates about benefit programs changes and enrollment process Responsible for the execution of Open Enrollment and ongoing enrollment for new hires - 10 Work closely with HR partners and business leaders to understand their needs and provide expert advice on compensation matters - 10 Manage compensation-related projects and initiatives - 10 Leads coaches and mentors a team of compensation and benefit analysts Manages benefit and compensation communications creates presentations and leads the team in delivering efficient and effective services - 10 Advises on employee benefit plans considering cost compliance and quality Ensures legal compliance of benefits offerings - 5 Oversee the creation and maintenance of salary structures ensuring they meet market standards and organizational needs - 5 Minimum QualificationsBachelor s Degree In Human Resources Finance or Business or related field of study or equivalent relevant work experience 10 years experience in Benefits and Compensation 5 years direct leadership experience Preferred QualificationsMaster s Degree In Human Resources Finance or Business Certified Benefits Professional CBP SkillsBenefits Plan Design Benefits Management Benefits Compliance Vendor Management HR Project Management Negotiation People Leadership Compensation Program Design Compensation Structures Compensation Training Incentive Plans Workday Software Reports To Director and above Direct Reports 2 - 5 Work EnvironmentNormal office environment hybrid Other Duties This job description is illustrative of the types of duties typically performed by this job It is not intended to be an exhaustive listing of each and every essential function of the job Because job content may change from time to time the Company reserves the right to add and or delete essential functions from this job at any time About Bread Financial At Bread Financial you ll have the opportunity to grow your career give back to your community and be part of our award-winning culture We ve been consistently recognized as a best place to work nationally and in many markets and we re proud to promote an environment where you feel appreciated accepted valued and fulfilled both personally and professionally Bread Financial supports the overall wellness of our associates with a diverse suite of benefits and offers boundless opportunities for career development and non-traditional career progression Bread Financial NYSE BFH is a tech-forward financial services company that provides simple personalized payment lending and saving solutions to millions of U S consumers Our payment solutions including Bread Financial general purpose credit cards and savings products empower our customers and their passions for a better life Additionally we deliver growth for some of the most recognized brands in travel entertainment health beauty jewelry and specialty apparel through our private label and co-brand credit cards and pay-over-time products providing choice and value to our shared customers To learn more about Bread Financial our global associates and our sustainability commitments visit breadfinancial com or follow us on Instagram and LinkedIn All job offers are contingent upon successful completion of credit and background checks Bread Financial is an Equal Opportunity Employer Job Family Human Resources Job Type Regular
📌 Sr Mgr Total Rewards (Karnataka)
🏢 Bread Financial
📍 Karnataka
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