Total Rewards Professional

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This role requires a deep understanding of total rewards strategies, including compensation, benefits, and recognition programs. The successful candidate will be responsible for planning, designing, implementing, and administering a comprehensive total rewards strategy that aligns with the organization's business objectives.

Total Rewards Management

• The Total Rewards Manager will represent the total rewards team in all compensation matters, such as market midpoint analysis.
• They will advise the organisation on compliance requirements of reward policies, relevant systems, and tools.
• The Total Rewards Manager will support the Senior Management in the development of the reward strategy in line with the business strategy, ensuring market competitive remuneration for colleagues across the organization.
• They will support in identifying business needs/challenges from the Leadership or HR Business Partners (HRBPs) and help to interpret related needs to propose affordable and sustainable reward solutions for the business.
• The Total Rewards Manager will analyze relevant market trends and data for comparison with the organization's remuneration offerings and propose any changes or new reward element, ensuring the organization's remuneration policies remain up-to-date for retention and attraction of desired talent.
• They will collaborate with relevant stakeholders for creating awareness on developed plans and timely/effective communication.
• The Total Rewards Manager will establish the effectiveness of the organization's attraction and retention strategy.
• They will review and evaluate performance of developed framework in line with existing strategies and policies.
• The Total Rewards Manager will manage to analyze financial impact of total rewards program and design core measures to evaluate cost trends.
• They will establish plans using the insights obtained through advanced analytics, while following upon on certain issues such as market competitiveness, internal equity, etc.
• The Total Rewards Manager will partner with Finance and HR Team leaders for the purpose of planning the annual budget process, preparation of budgets, and forecasting from a compensation perspective.
• They will monitors the effectiveness of compensation and benefits programs and recommends modification to reduce costs and improve delivery.
• The Total Rewards Manager will collaborates with other HR functions to contribute to a strategic delivery of total rewards program.

Performance Management

• In collaboration with the Senior Manager Total Reward, the Total Rewards Manager will management of the increment cycle including but not limited to preparation of options for performance rating/promotion wise increment and market adjustment within approved budget.
• They will seek leadership approval of increment options against performance rating, prepare letter formats/data for processing and handling any post-increment queries.

Stakeholder Management

• The Total Rewards Manager will work closely with Human Resources team, advising them on executive and expatriate compensation issues and supporting them in their efforts in communicating with executive team leaders.
• They will support in creating stakeholder acceptance on Reward Projects through providing business case as and when required.
• The Total Rewards Manager will work with Finance/Procurement/IT to conduct a feasibility study of project proposals of the organization.
• They will receive proposal-related queries from concerned stakeholders and its legal implications; brief on the rationale to ensure resolution of identified issues.
• The Total Rewards Manager will guide relevant departments on development of new systems/processes as per requirements to execute Reward projects and ensure all requirements are fulfilled and queries are resolved timely.

Market Data Analysis

• The Total Rewards Manager will participate in and conduct market data surveys in collaboration with relevant consultancies.
• They will conceive and prepare analysis related to compensation & benefits, helping form the business case for Total Reward initiatives.

Qualifications

• Masters degree in Human Resources or Finance.
• A minimum of 5-7 years of experience with an exposure of direct management of Compensation, Incentives, and Total Rewards, of which at least 2 years should pertain to development and maintenance of compensation programs (experience in faculty compensation would be an advantage).
• Proven capabilities as a manager, with a proactive flexible and inclusive management style appropriate to the complexity and diversity of the organization.
• Experience in compensation and incentive plan design and implementation from the ground up.
• Excellent analytical, problem-solving, and financial modelling ability.
• Sound judgment, independent, and creative thinking with an eye for detail and accuracy.
• Solid financial and computation abilities; must be accurate and disciplined in capturing details and maintaining records.
• Ability to proactively develop team dynamics and performance, ensuring quality standards are consistently achieved.
• Ability to build and maintain effective working relationships with all leaders and their HR partners.
• A high level of integrity; widely respected as one who is ethical and trustworthy.

Comprehensive employment reference checks will be conducted.

Job Requirements

• Seniority Level: Mid-Senior Level.
• Employment Type: Full-time.
• Job Function: Analyst, Human Resources, and Strategy/Planning.