Location: Bangalore,India

Employment Type: Full-time

Industry: FMCG / Beverage Manufacturing

Experience: 10–15 Years

Role Description We are looking for an experienced Head of Rewards to lead the compensation, benefits, and rewards strategy.

The ideal candidate will bring strong expertise in compensation planning, salary benchmarking, employee benefits, performance-linked incentives, and rewards governance.

This is a senior leadership role requiring someone who can develop competitive and sustainable rewards programmes, partner with business leaders, HR and Finance, and drive strategic compensation decisions across diverse employee groups.

Key Responsibilities Compensation & Rewards Strategy

- Develop and implement compensation and perks strategies aligned with business objectives.
- Design salary structures, pay policies, performance-linked incentives, and rewards frameworks.
- Lead compensation benchmarking, job evaluation, and pay-equity assessments.
- Ensure rewards programmes remain competitive, equitable, and financially sustainable.

Salary Reviews & Incentive Management

- Oversee annual compensation reviews, salary revisions, promotions, and incentive cycles.
- Establish compensation budgets, approval processes,



and governance frameworks.
- Analyse market compensation trends and recommend improvements to rewards programmes.
- Partner with Finance to evaluate compensation costs, budget implications, and financial scenarios.

Employee Benefits & Rewards Governance

- Manage employee benefits programmes and relationships with benefits providers.
- Evaluate benefits utilisation, employee needs, vendor performance, and programme costs.
- Ensure consistent implementation of compensation policies across locations and employee groups.
- Strengthen rewards governance, data confidentiality, and internal controls.

Business Partnership & Stakeholder Management

- Partner with senior leadership, HR, and Finance to align rewards strategies with business priorities.
- Advise stakeholders on compensation positioning, critical-talent retention, and pay-related decisions.
- Provide data-driven recommendations on compensation structures and rewards investments.
- Communicate rewards policies and programmes effectively to employees and managers.

Team Leadership & Process Improvement

- Lead and develop the Rewards team.
- Improve compensation

📌 Head of Rewards (Bengaluru)
🏢 Round1 Jobs
📍 Bengaluru