01 Oct
|
Acuity Knowledge Partners
|
Bengaluru
01 Oct
Acuity Knowledge Partners
Bengaluru
Basic information
Position Title
Assistant Director
Experience Level
10+ years
Department
Human Resources – Total Rewards
Location
Gurgaon/Bangalore
Organizational relationships
Position reports to
Head of Rewards & Performance
Job purpose The Assistant Director - Total Rewards will be responsible for designing and managing compensation frameworks, performance management processes, incentive programs, long-term rewards, statutory compliance, and workforce analytics across global locations. The role requires deep expertise in compensation strategy, labour regulations, pay transparency regulations, and executive reporting, coupled with strong analytical and stakeholder management capabilities.
Key responsibilities
Compensation Strategy & Design
- Design, review, and govern global compensation structures, salary ranges, job architecture, pay positioning, and reward frameworks.
- Lead annual compensation review processes including merit increases, promotions, market adjustments, and incentive planning.
- Drive compensation benchmarking through participation in global salary surveys and compensation databases.
- Evaluate pay competitiveness, compensation mix, internal equity, and market positioning across geographies.
Performance Management
- Own and govern the organization's performance management framework.
- Manage annual and mid-year appraisal cycles, goal-setting processes, calibration exercises, and performance evaluations.
- Partner with HR and business leaders to ensure consistency, fairness, and effectiveness of performance outcomes.
- Drive continuous enhancements to the performance management philosophy and systems.
Incentive Design & Performance Rewards
- Design and implement incentive structures including short-term incentives, variable pay plans, sales incentives, LTIP
- Establish performance-linked reward mechanisms that drive employee engagement and business outcomes
- Evaluate and optimize incentive effectiveness through market insights and analyticsGlobal Rewards
Mobility and Global Programs
- Design mobility solutions for global assignments, ensuring alignment with organizational objectives.
- Manage the implementation of global incentive plans and long-term rewards programs.
Compliance & Governance
- Ensure compliance with applicable compensation and benefits regulations across India, US, UK, Europe, China, and Sri Lanka.
- Monitor developments in global pay transparency regulations, equal pay requirements, wage reporting obligations, and reward-related statutory requirements.
- Possess strong working knowledge of Indian labour laws, wage legislation, social security regulations, and evolving Labour Codes.
- Partner with Legal and external advisors to ensure regulatory compliance and mitigate reward-related risks.
Analytics, Reporting & Insights
- Develop executive dashboards and workforce analytics for senior leadership and HR stakeholders.
- Analyze trends related to compensation, performance, attrition, diversity, pay equity, and rewards effectiveness.
- Deliver data-driven insights and recommendations to support strategic workforce decisions.
- Prepare presentations and reports for Executive Committee, Board members, and senior management.
- Drive automation and digitization of rewards analytics and reporting.
Key competencies
- Experience: 10+ years of progressive experience in Total Rewards within Financial Services, Analytics, Technology organizations, Global Capability Centers (GCCs), or multinational environments. Experience supporting multiple geographies and managing global compensation programs is highly preferred.
- Educational qualification: Master's degree in HR from a reputed institute
- Technical skills:
- Deep understanding of global compensation design and governance, alary structures and pay ranges, variable pay and incentive programs, bonus design and administration, advantages strategy and governance, LTIPs and ESOP administration, pay equity and pay transparency principles, job evaluation and job architecture
- Strong knowledge of Indian Labour Codes and labour legislation, wage and social security regulations, Statutory benefits and compensation compliance, Global pay transparency regulations, reward and compensation governance requirements across major international markets
- Soft skills:
- Excellent stakeholder management and influencing skills, ability to engage effectively with senior executives and business leaders, excellent written and verbal communication skills
Job Snapshot
Job ID
JOB_8540
Department
Human Resources
Location
ETV -SEZ1, Bengaluru, Karnataka, India ..+ 1
Experience
10 - 15 Years
Employee Type
Permanent
Employee Sub Type
Full Time
📌 Assistant Director - Total Rewards (Bengaluru)
🏢 Acuity Knowledge Partners
📍 Bengaluru