Title: Manager /Sr Manager - Rewards & Talent Management Specialist
Reporting to: Head of Total Rewards and Talent Management
Location: Thane
No of positions: 1
Job Function: HR
Key Responsibilities:
SECTION A: REWARDS RESPONSIBILITIES
Compensation Management
- Conduct regular benchmarking of compensation structures using market surveys and industry data (Mercer, Aon, Willis Towers Watson)
- Support the annual merit review and salary revision process, ensuring internal equity and external competitiveness
- Analyze pay bands and recommend adjustments aligned with business strategy and budget constraints
- Administer and audit payroll inputs in coordination with the payroll team, ensuring zero-error processing
- Prepare compensation reports for leadership including pay gap analysis
Total Rewards Strategy & Communication
- Support the development and communication of the organization's total rewards philosophy and EVP (Employee Value Proposition)
- Create rewards statements and compensation calculators to improve transparency and employee understanding of their total package
- Partner with Finance to build annual rewards budgets, forecasts, and cost modelling
- Design targeted rewards interventions for critical talent segments, high performers, and hard-to-fill roles
Variable Pay & Incentive Programs
- Administer short-term and long-term incentive plans (STI, LTI, ESOPs) including eligibility, calculation, and payout processing
- Track KPI/OKR performance linkage to variable compensation and ensure timely communication of outcomes to stakeholders
- Partner with business heads to design role-specific incentive structures
- Ensure compliance of all variable pay programs with statutory requirements and internal audit standards
SECTION B: TALENT MANAGEMENT RESPONSIBILITIES
Performance Management
- Support the design and execution of the annual performance appraisal cycle - goal setting, mid-year reviews, and year-end calibration
- Train managers and employees on performance tools, rating scales, and continuous feedback best practices
- Maintain performance data integrity in HRIS and generate analytics for identifying high performers and underperformers
- Facilitate performance improvement plans (PIPs) in collaboration with HRBPs and line managers
Succession Planning & Career Pathing
- Support the identification and development of a succession pipeline for critical and key roles across functions
- Maintain talent grid data and facilitate 9-box reviews in partnership with senior HR leadership
- Collaborate with L&D and business leaders to create development plans for high-potential employees (HiPos)
- Design career lattice frameworks that enable lateral and vertical movement within the organization
- Own and drive all early career programs (MT, GET etc)
Requirements, Skills, and Qualification
Education
- MBA / PGDM with HR specialization.
Experience
- 4-7 years of progressive HR experience with a strong focus on Compensation & Benefits and/or Total Rewards
- Demonstrable exposure to talent management processes: performance management, succession planning
- Experience in working with compensation benchmarking tools
SKILLS & COMPETENCIES
Technical Skills
- Advanced MS Excel
- Data analytics and rewards reporting (Power BI, Tableau a plus)
- Compensation benchmarking and job evaluation methodologies
- Knowledge of labour laws: PF, ESIC, Gratuity, Income Tax
- Benefits plan design and vendor management
- Payroll software and statutory compliance knowledge
Behavioural Competencies
- Analytical mindset with attention to detail
- Ability to manage multiple priorities under deadlines
- Strong stakeholder management and influencing skills
- Collaborative team player with business acumen
- Confidentiality and high professional integrity
