03 Nov
|
KNAV APAC
|
Mumbai
About KNAV KNAV is a global professional services firm providing Audit, Tax, Advisory, Digital Transformation, Fund Administration, and Business Consulting services to clients worldwide. KNAV is committed to attracting, retaining, and rewarding high-performing talent while fostering a culture of continuous development and excellence. Position Summary The Senior Manager – Total Rewards & Performance Management will lead KNAV's global compensation, benefits, rewards, recognition, and performance management strategy across locations and business practices. The role will design and implement competitive reward programs, drive performance culture initiatives, support pay equity, and align individual and organizational performance with business objectives. The position requires a strategic HR leader with robust expertise in compensation benchmarking, performance frameworks, rewards governance, HR analytics, and employee value proposition enhancement within a professional services workplace. The position would report into the global CHRO for KNAV.
Key Responsibilities
Total Rewards Strategy
• Develop and implement a comprehensive global total rewards philosophy aligned with KNAV's business objectives and growth strategy.
• Design and manage compensation structures, salary bands, grading frameworks, and career progression models.
• Lead annual compensation reviews, salary increments, promotions, bonus cycles, and market benchmarking exercises.
• Evaluate and recommend reward strategies to attract, motivate, and retain top talent across geographies.
• Ensure pay competitiveness while maintaining internal equity and cost effectiveness. Compensation & Benefits
• Manage compensation benchmarking using leading market survey databases and industry intelligence for each region
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• Review and optimize employee benefits programs (in consultation with regional HR Leads), including insurance, retirement benefits, wellness programs, and flexible benefits.
• Partner with Finance leadership to ensure compensation budgets align with business objectives.
• Lead compensation compliance reviews across regions. Performance Management
• Own and continuously enhance KNAV's performance management framework.
• Drive goal-setting processes aligned with business and individual objectives.
• Lead annual and mid-year performance review cycles.
• Establish calibration methodologies to promote consistency and fairness in performance ratings.
• Drive competency-based performance frameworks and career development plans.
• Drive structured performance improvement initiatives for employees and teams requiring additional support (in consultation with regional HR leads). Talent & Leadership Effectiveness
• Partner with business leaders to identify high-potential talent and succession pipelines.
• Drive recognition programs that reinforce organizational values and high-performance behaviors. HR Analytics & Reporting
• Develop dashboards and metrics related to compensation, rewards, retention, and performance.
• Analyze trends related to attrition,
internal mobility, employee engagement, and reward effectiveness.
• Present actionable insights and recommendations to executive leadership.
• Drive data-based decision-making through predictive workforce and compensation analytics. Governance & Compliance
• Ensure compliance with applicable labor laws, compensation regulations, and global employment practices.
• Establish governance mechanisms for compensation approvals, promotions, and incentive payouts.
• Maintain compensation policies and reward program documentation.
• Partner with Legal, Finance, and leadership teams on compensation-related risk management. Stakeholder Management
• Act as a trusted advisor to business leaders on compensation and performance-related matters.
• Partner with HR Business Partners and Talent Acquisition teams on workforce planning and offer strategy.
• Lead communication and change management initiatives related to rewards and performance programs.
• Manage external consultants, compensation vendors, and survey partners. Qualifications & Experience Education
• MBA or master’s degree in human resources, Business Administration, Finance, or a related discipline. Experience
• 12–15 years of experience in Total Rewards and Performance Management leadership roles.
• Experience managing compensation and rewards across multiple geographies.
• Prior experience in professional services, consulting, Big 4, financial services, or multinational organizations is highly desirable.
• Demonstrated expertise in compensation design, compensation benchmarking, rewards strategy, and performance management frameworks.
📌 Senior Manager Total Rewards (Mumbai)
🏢 KNAV APAC
📍 Mumbai