Lead - Compensation & Benefits / PMS - Telecom

Exceed Consulting
  • Mumbai
  • 10-20 lakh
  • 10-12 years
  • 167 Views
  • 30 Jun 2015
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  • HR/ Human Resources

  • IT/ Technology - Telecom Software
Job Description

Job Purpose:

- This position will be responsible for the design, analysis, implementation, and communication of all Performance Management and Total Rewards programs for the organization.

Key Deliverables:

- Setup and implement the strong Performance management & Reward practice and lead a team towards ensuring the alignment with the strategic objectives of the organization.

- Design, implement and manage Compensation Programs including periodic Salary Benchmarking and Review to ensure business competitiveness

- Design and implement online Performance Management system and introduce key performance metrics that ensures regular performance measurement against the assigned goals

- Collaborate with business and function to understand reward & recognition needs and translating them into an executable reward & retention (monetary / non-monetary) policies which is also aligned with organization's values, goals and external competitiveness.

- Accountable for driving end-to-end performance management & reward system including managing related budgets in a most cost effective manner

- Effectively educate, communicate and market employee compensation and benefit programs for improved employee attraction, retention and for maximized utilization

- Provide expertise and guidance to other members of the HR team; advice HR and Managers on pay decisions, policy and guideline interpretations, job evaluations, organizational design and provide creative solutions to complex problems.

- Lead the benchmarking of incentives programs and drive the design and implementation of the company's compensation philosophy for achieving higher productivity.

- Develop annual fiscal year benefits budget based on plan design changes and pricing / claims projections.
Desired Skills & Expertise:

- Strong leader with the ability to work with and influence others effectively - within HR, at the executive level and cross-functionally.

- Strong knowledge of various performance management models.

- Outstanding organizational skills, attention to detail and time-management skills necessary.

- Demonstrated effective verbal and written communication skills; strong interpersonal and customer service skills in dealing with top management, all levels of employees and cross-functional teams.

- Expert level analytical and creative problem solving skills including statistical analysis and modeling skills

- Expert-level total rewards program design skills including: competitive rewards practices and delivery models, job architectures and development of job profiles and sales incentive plan design.

- Strong knowledge of legislation that may affect compensation and benefits policies.

Required Competencies:

- Achievement Oriented

- Strong Interpersonal Skills

- Leadership Skills

- Innovative

- Strategizing and Analytical

- Communications

Linkages:

External:

- Benchmarking Agencies & Consultants

Internal:

- Group HR

- Taxation

- Commercial

- Audit

- HR Business Partners

- Business Heads / Teams

Years of Experience:

- 10-12 years of relevant work experience, ideally having HR Consultancy experience

- Educational Qualification:

- MBA in HR / PMIR from Premier B School


Competencies/Skill sets for this job

Performance Management Compensation Analytical Monetary Modeling

Job Posted By

About Organisation

Exceed Consulting