Urgent-MNC-Assistant Manager – HR (Rewards)– C&B (Global) MUMBAI

From 6 to 10 year(s) of experience
₹ Not Disclosed by Recruiter

Job Description

Roles and Responsibilities


Role has key responsibility for managing Total Rewards deliverables for Capita; Support and execute rewards strategy across all geographies; define compensation guidelines for local units; lead benchmarking effort with consulting partner and manage the annual compensation process The role also significant level of reporting and compensation data analysis for executive review


Academic:

Post Graduation / Graduation (any discipline)

Experience:

6+ years in HR with Global total rewards domain exposure

Experience in the services sector / rewards consulting is preferred

Experience in dashboard management tools (e.g. Tableau, Power BI) preferred

Knowledge of SAP, Workday

Excellent MS Office tools capability with advanced knowledge of Excel


Working Relationships

Internal:

Business lines, functions

Support Functions

External:

Compensation Consulting partners, service providers, auditors

Primary Responsibilities

  • Manage end-to-end spectrum of Compensation processes, incl. and not limited to commissioning of surveys/benchmarking studies, budgeting exercises, salary planning, bonus roll outs and Retention plans.
  • Provide expertise and ideas within the Rewards space
  • Support in aligning business and people strategies through appropriate advice / interventions in areas of Rewards
  • Commission the annual benchmarking survey for all roles across Capita and ensure delivery at 100% of coverage
  • Drive the annual payrise cycle across business verticals – data model for framework-level options, Cost workings, dissemination of guidelines for divisions/business units, communication design and closure of cycle
  • Manage post increment activities like creating slide decks, post increment analysis
  • Managing the administration of annual bonus payouts for staff – data modelling for options, and submissions to divisions/business units for roll out
  • Analyze market benchmarking to ensure external competitiveness, internal equity. Participate in C&B surveys & conduct salary information analysis to provide proposals to the leadership team.
  • Support for Salary fitments for senior staff
  • Work with various stakeholders (Finance, local/divisional rewards teams, business leads
  • Support Long Term Incentive plan design and manage cost/charge models. Feed to finance
  • Manage reward governance as defined – be conversant with remuneration committee / board resolution process
  • Career Path Framework– support in implementation of the career path framework across Capita; collaborate with business partners and stakeholders and ensure alignment of principles and appropriate level mapping as per WTW framework
  • Global Mobility– Develop and lead the implementation of global mobility related policies and procedures to support growth aspirations of capita employees and businesses [Preferred, not Mandatory]
  • Supporting in Performance Management Cycle, creating executive dashboards
  • Analyze compensation and benefits data, identify key trends, projections
  • Manage the Performance Management Process – system prep, initiating and administering cycles, liaising with stakeholders, driving coverage and completion, supporting executive reviews.
  • Reward compliance – statutory, and Group guidelines
  • Management of payroll inputs, readiness for system uploads and controlling risks around processes
  • Provide Rewards related inputs for Workday central teams, collaborate with GPOs, Consultants for Reward design principles
  • Knowledge of dashboarding tools like Tableau, Power BI, etc. preferred
  • Knowledge of Workday and SAP (HR & Payroll Modules) will be good to have
  • Excellent knowledge of Microsoft Office products; needs to be an advanced user of Excel

Key Result Areas

  • Consistent and accurate compensation analysis
  • Compliance with norms and regulations
  • Adherence to TAT
  • Zero processing error
  • On time, accurate processing of compensation inputs

TCF Competence

TCF is about putting yourself in the place of the customer and considering whether you would regard yourself as having been treated fairly on the basis of a Firm’s actions.

The consumer outcomes are:

Outcome 1:Consumers can be confident that they are dealing with firms where the fair treatment of customers is central to the corporate culture.

Outcome 2:Products and services marketed and sold in the retail market are designed to meet the needs of identified consumer groups and are targeted accordingly
Outcome 3:Consumers are provided with clear information and are kept appropriately informed before, during and after the point of sale
Outcome 4:Where consumers receive advice, the advice is suitable and takes account of their circumstances
Outcome 5:Consumers are provided with products that perform as firms have led them to expect, and the associated service is both of an acceptable standard and as they have been led to expect
Outcome 6:Consumers do not face unreasonable post-sale barriers imposed by firms to change product, switch provider, submit a claim or make a complaint




Role:C & B Management

Salary: Not Disclosed by Recruiter

Industry:IT Services & Consulting

Functional Area:Human Resources

Role Category:Compensation & Benefits

Employment Type:Full Time, Permanent

Education

UG:Any Graduate

PG:Any Postgraduate

Company Profile

Navayuga Consultancy Service

NAVAYUGA provides innovative recruitment and training solutions to the Information technology and general sectors with both permanent and contract staff and to create a partnership based relationship with our clients that foster long term business relationship that will provide customized staffing solutions that embrace their expectations culture and vision and talent need.
THIS IS WHAT WE ARE ALL ABOUT.
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Recruiter Name:Sandhiya

Contact Company:Navayuga Consultancy Service

Telephone:9843699455

Website:http://jobs.navayuga-india.com