Job Description
Purpose of the role
To develop, implement and maintain compensation programmes and provide advice to resolve any related issues.
Accountabilities
Development (including design and related analysis), implementation and delivery of compensation programmes aligned to the organisation’s strategy and applicable regulations, including the provision of advice throughout the employee lifecycle and during the annual pay review, advising on related services and the resolution of reward and compensation issues from employees, people leaders, or regulators.
Communication and engagement to educate employees and people leaders on the compensation offering and structure including in relation to salary, bonus, and allowances recognition schemes.
Review the competitiveness and relevance of the compensation programmes including salary, bonuses and allowances, as appropriate.
Administration and delivery of compensation services, including the planning of cyclical activities, developing and testing relevant processes and systems,
and managing external vendors/stakeholders and engaging with other HR teams where relevant to ensure effective delivery of these.
Compensation reporting, analytics and forecasting to support management decision-making during compensation programme development and the annual pay review, utilising internal and external data. .
Assistant Vice President Expectations
To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
Lead a team performing complex tasks, using well developed qualified knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
If the position has leadership responsibilities, People Leaders are expected to demonstrate a cl
📌 Reward Specialist (Pune)
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