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questW

Manager-Compensation, Performance & Rewards

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Job Description

This role is a full time role with our global manufacturing client.

Role Purpose:

To manage the design, implementation, and administration of compensation, performance management, and benefits programs that attract, motivate, and retain talent while ensuring internal equity and external competitiveness.

Key Responsibilities

Compensation

  • Manage annual salary review, increment, and promotion cycles.
  • Conduct salary benchmarking exercises with external market data and support job evaluation.
  • Maintain and update internal compensation structures, pay ranges, and allowance frameworks.
  • Coordinate with HRBPs and finance teams for payroll inputs, compensation letters, and analytics.
  • Ensure compliance with organizational compensation policies and statutory norms.

Performance Management

  • Support implementation of the performance management cycle (goal setting, mid-year and annual reviews).
  • Manage system configurations, timelines, and communications related to performance reviews.
  • Generate analytics on performance ratings, normalization, and trends for management decisions.
  • Facilitate calibration sessions and performance moderation discussions.

Employee Cost Budgeting

  • Partner with Finance and HRBP for preparing annual budgeting .
  • Track actual spend versus budget and provide variance analysis with actionable insights.
  • Provide cost simulations and analysis for compensation proposals or structural changes.

Benefits and R&R Administration

  • Assist in managing employee benefits programs (insurance, wellness, leave policies, etc.).
  • Coordinate with vendors/consultants on the various support taken for R&R, Benefits, Compensation platform
  • Respond to employee queries and ensure smooth benefit operations.
  • Monitor benefits utilization and recommend cost optimization measures without impacting employee experience.

Analytics & Reporting

  • Prepare periodic analysis on compensation and performance metrics.
  • Provide insights on pay positioning, and performance trends.
  • Support audits and governance requirements for total rewards processes.

Key Skills & Competencies

  • Strong analytical and numerical skills.
  • Proficiency in MS Excel and HR systems (SAP / SuccessFactors ).
  • Understanding of compensation and performance management frameworks.
  • Excellent communication, coordination, and stakeholder management skills.
  • Eye for accuracy and data integrity.

Qualification & Experience

  • Education: MBA / Postgraduate in HR or related field.
  • Experience- Mid-Level (Assistant Manager / Manager): 48+ years of relevant experience in total rewards/C&B/PMS or HR operations.

Success Indicators

  • On-time execution of compensation and performance cycles.
  • 100% Accuracy in data and reports.
  • Improved process efficiency and employee experience.
  • Positive feedback from HRBPs and business stakeholders.

More Info

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About Company

Job ID: 136355855