04 Nov
|
Egis Group
|
Bengaluru
04 Nov
Egis Group
Bengaluru
Job Description
Role Purpose
Act as the analytical engine and trusted deputy to the Regional Head of Total Rewards, driving the design, delivery and governance of competitive, cost-effective and compliant Compensation & Benefits programmes across MESA. The role combines strong technical reward expertise with strong hands-on analytics and partnering with HR, Finance, Group Reward and business leaders as necessary.
Key Responsibilities – Compensation
- Job Architecture: Maintain job families, levelling and grade/title mapping; support job evaluation and consistent role governance across countries.
- Pay Bands & Structures: Build and refresh salary ranges (min/mid/max, spreads, midpoint progression); monitor compa-ratios and range penetration.
- Market Benchmarking: Manage salary survey participation (e.g., Mercer, Aon, Korn ferry) and job matching; deliver market positioning analysis by country, sector and level.
- Harmonization: Lead pay and grade harmonization for M&A;, restructuring and legacy entities, including gap analysis, cost modelling and transition plans.
- Annual Salary Review & Incentives: Run ASR/merit cycles, budget modelling and merit matrices; support STI/bonus design, payouts.
- Pay Equity, Offers & Allowances: Conduct internal equity reviews; advise on offers, promotions and salary corrections; govern allowance and expat/mobility packages.
Key Responsibilities – Benefits & Insurance
- Insurance Programmes: Manage group medical,
life and personal accident policies; lead annual renewals with brokers and insurers (RFPs, negotiations, plan design options).
- Claims & Cost Analytics: Analyse claims experience, loss ratios and utilisation trends; project renewal costs and recommend cost-containment levers.
- Statutory & Retirement Benefits: Ensure compliance with country requirements (e.g., End-of-service benefits, GOSI/pension schemes, mandatory health cover etc).
- Benchmarking, Wellbeing & Vendors: Benchmark perks against market practice; support wellbeing and flexible benefits; manage broker/TPA SLAs, employee communications.
Key Responsibilities – Governance, Analytics & Partnering
- Policy & Governance: Draft and maintain reward policies, approval matrices and audit-ready documentation; ensure alignment with Regional & Group Reward frameworks.
- Reward Analytics: Build dashboards, cost models and scenario analyses; ensure HCM/HRIS reward data accuracy and integrity.
- Operations & Shared Services Partnership: As policy owner, partner with Operations and Shared Services teams who execute reward transactions; define clear process guidelines, controls and checks to ensure accurate, compliant and consistent delivery and data integrity.
- Partnering & Deputising: Prepare leadership-ready decks and approval notes; act as first point of contact for HRBPs and Finance, and deputise for the Regional Head when required.
📌 Lead Total Rewards Partner (Bengaluru)
🏢 Egis Group
📍 Bengaluru