Job Description:

Title: Manager /Sr Manager - Rewards & Talent Management Specialist

Reporting to: Head of Total Rewards and Talent Management

Location: Thane

Job Function: HR

Key Responsibilities:

Compensation Management
- Conduct regular benchmarking of compensation structures using market surveys and industry data (Mercer, Aon, Willis Towers Watson)
- Support the annual merit review and salary revision process, ensuring internal equity and external competitiveness
- Analyze pay bands and recommend adjustments aligned with business strategy and budget constraints
- Administer and audit payroll inputs in coordination with the payroll team, ensuring zero-error processing
- Prepare compensation reports for leadership including pay gap analysis

Total Rewards Strategy & Communication
- Support the development and communication of the organization's total rewards philosophy and EVP (Employee Value Proposition)
- Create rewards statements and compensation calculators to improve transparency and employee understanding of their total package




- Partner with Finance to build annual rewards budgets, forecasts, and cost modelling
- Design targeted rewards interventions for critical talent segments, high performers, and hard-to-fill roles

Variable Pay & Incentive Programs
- Administer short-term and long-term incentive plans (STI, LTI, ESOPs) including eligibility, calculation, and payout processing
- Track KPI/OKR performance linkage to variable compensation and ensure timely communication of outcomes to stakeholders
- Partner with business heads to design role-specific incentive structures
- Ensure compliance of all variable pay programs with statutory requirements and internal audit standards

Performance Management
- Support the design and execution of the annual performance appraisal cycle - goal setting, mid-year reviews, and year-end calibration
- Train managers and employees on performance tools, rating scales, and continuous feedback best practices
- Maintain p

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