03 Aug
|
Tata Consultancy Services
|
Mumbai Suburban
03 Aug
Tata Consultancy Services
Mumbai Suburban
Total Rewards Manager is responsible for designing and managing compensation, rewards, and recognition programs while ensuring competitiveness, compliance, cost effectiveness, and alignment with business strategy.
Key Responsibilities
Develop and manage compensation and reward strategies, policies, and frameworks.
Lead salary review processes including increments, promotions, salary corrections, and pay-fitment recommendations.
Drive annual budgeting, forecasting, cost analysis, and compensation reporting.
Monitor compensation budgets and partner with Finance on provisioning, reconciliations, and financial planning.
Conduct market benchmarking and provide insights on pay competitiveness and internal parity.
Lead HR analytics, dashboards, trend analysis, and management reporting to support decision-making.
Ensure compliance with compensation policies, audits, statutory requirements, and governance standards.
Drive digitization, automation, and process-improvement initiatives across Total Rewards programs.
Partner with HR Business Partners, Finance, Talent teams, and business leaders on reward-related interventions and special projects.
Lead and mentor Total Rewards team members while managing stakeholder queries and day-to-day operations.
Qualification & Experience
Post Graduation in Human Resources (MBA/PGDM in HR or equivalent).
Minimum 57 years of experience in Compensation & Perks, Total Rewards, HR Analytics, or related HR functions.
Strong aptitude for numbers with excellent analytical and problem-solving skills.
Proven experience in handling and analyzing large volumes of HR and compensation data.
Advanced proficiency in Microsoft Excel, Word, PowerPoint, and other reporting/analytics tools.
Robust conceptual understanding of Compensation & Benefits, salary structures, job evaluation, benchmarking, budgeting, incentive programs, and rewards administration.
Ability to interpret data trends and provide actionable insights to support business and HR decision-making.
Key Skills
Compensation &
Perks expertise
HR Analytics and Reporting
Budgeting and Financial Acumen
Market Benchmarking
Policy Design and Governance
Stakeholder Management
Process Excellence and Digitization
Advanced Excel and data analysis skills
📌 Total Rewards Specialist Mumbai Suburban
🏢 Tata Consultancy Services
📍 Mumbai Suburban