13 Aug
|
PI Industries
|
Mumbai
13 Aug
PI Industries
Mumbai
Position Purpose :
To support the design, execution, analytics, and governance of the organizations rewards and performance management frameworks. The role ensures process discipline, accurate data management, timely execution of cycles, and robust stakeholder support across HRBPs, Finance, and Business teams. The position contributes to delivering a fair, competitive, and scalable total rewards strategy and a robust performance culture.
Role & responsibilities :
Strategic Responsibilities
- Support the design and refinement of the organizations rewards philosophy, policies, and governance frameworks.
- Conduct compensation and role-based benchmarking with leading organizations; provide insights for continuous improvement and competitiveness.
- Contribute to development of compensation structures, incentive frameworks, and reward models aligned with business strategy.
- Provide analytical support for manpower budgeting, workforce planning, cost simulations, and long-term rewards interventions.
- Ensure high standards of governance, data accuracy,
and compliance across all compensation and workforce planning workflows.
- Drive adoption of digital tools, analytics platforms, and automation to enhance process efficiency and user experience.
2. Workforce Planning & Budgeting
- Support annual manpower budgeting, workforce cost planning, and cost-to-hire simulations for CHRO/CXO review.
- Prepare headcount analytics, workforce trends, variance reports, and forecasting insights for strategic decisions.
- Maintain workforce planning dashboards and models, ensuring accuracy and alignment with approved budgets.
3. Compensation Analytics & Increment Cycle Support
- Support annual compensation processes including increments, promotions, bonus payouts, off-cycle decisions, ensuring governance and timely delivery.
- Conduct compensation analytics, internal equity studies, and salary structure maintenance (pay ranges, job bands).
- Partner with HRBPs and Finance to validate w
📌 Team Member (Mumbai)
🏢 PI Industries
📍 Mumbai