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Design and execution of compensation and benefits strategies & programs that align with business goals, ensuring market competitiveness and internal equity. This role is pivotal in driving data-led decision-making across the HR functions in GCCs, Plant Operations and Corporate Offices by leveraging analytics skills and platforms
Scope:
Partner with HRBPs / Region/India Leadership to develop compensation programs / solutions that align with organizational goals and talent strategies in a growing organization. Develop appropriate salary structures based on job families to monitor the level and effectiveness of pay to ensure internal equity and external competitiveness.
Conduct market intelligence and analysis to ensure competitive compensation practices for new hires while onboarding and existing talent in annual salary reviews, bonus cycles and promotion processes
Oversee headcount and labor cost reporting. Partner with the Finance function to drive alignment with all budgets and forecasts.
Design & implement employee benefit programs for GCCs, Plants and Corporate offices, including employee insurance for a superior employee experience
HR Analytics: Implement automated reporting and analytics models in HR KPIs, C&B, and other Talent Management KPIs, e.g. Succession Planning, Attrition, Employee Listening, Learning & Development, Career progression, Diversity & Inclusion etc. Prepare and present reports on compensation trends, program effectiveness, and budget impacts
Lead annual budgeting and salary forecasting with HR and Finance.
HRIS: Key contact person and support for SAP SuccessFactors in India. Accountable for data integrity to include quality, accuracy, compliance, and usability of employee data and related interfaces, by implementing adequate controls and audits. Conduct regular SAP SuccessFactors training to ensure end user has the necessary skills and knowledge to fully utilize the system.
Identify opportunities for process improvements and enhancements to compensation and benefits programs.
Ensure compliance with all relevant laws and regulations regarding compensation practices.
Education:
Master’s in HR or Business Management.
Experience:
Total Years of experience of 10 + years including min 5 years in C&B / Total Rewards in global MNCs
Skills:
Strong analytical capabilities, hands-on experience with compensation benchmarking, budgeting, and cycle management, and a deep understanding of total rewards frameworks
Working knowledge of SuccessFactors
Advanced Excel & Presentation skills
Strong analytical and communication abilities
Ability to work independently with a high drive for results and employee-centric approach
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