Manager Total Rewards

Industry / Sector / Domain

Information Technology & Services

Location

Gurugram, Haryana, India

Experience Range

8+ years

Position Summary

Catenon India’s Client: A leading software products company.

Responsibilities

1) Incentive Program design:

  • Review current Incentive pay plans (Sales, Solutions, Labs, Annual Bonus), analyse market best practices, understand effectiveness of the current plans
  • Conduct cost benefit analysis and propose design modifications in alignment with company’s key success parameters.
  • Present the findings and proposal to the Total Rewards Lead and CPO.
  • Create new Incentive plans for critical roles/business; that drive business outcomes.
  • Ensure drafting, designing and implementation of all Incentive plans in collaboration with the Sales governance team and Finance team.

2) ESOP program design and implementation:

  • Responsible to review and design the existing ESOP reward framework.
  • Create a reward framework that retains and attracts key talent.
  • Implement all new grants and/or renewed grants.
  • Create budgets for upcoming grants in line with the hiring plan and share the same with the Finance team.
  • Ensure ESOP portal is updated along with Scheme document, FAQs.
  • Upload fresh grants from time to time and handle employee queries.
  • Provide ESOP data (no. of Options outstanding, granted, vested) for Board approval.

3) Policy design & Review:

  • Lead review and revision of existing policies from time to time such as Leave policy, Insurance policies, fringe benefits for international locations, mobile reimbursement, etc.
  • Analyse market best practices, conduct external benchmarking and review cost benefit analysis to propose revisions of policies.
  • Provide consultative support in designing special policies for specific business/function/region need.
  • Ensure consistency of benefits across all GO locations.
  • Understand and liase with vendors or globalization partners for Benefits in different geographies”
  • Operating Network
  • Key External Vendors, Partners, Compensation consultants
  • Key Internal Other Units/Function Leads and People Operations team

Qualifications

  • Minimum Qualification & Experience
  • Graduate in any stream, post-graduation is preferred with minimum 8 years of relevant work experience in People Operations/HR function, including 4 years of experience in compensation and benefits design and execution in a global organization.
  • Other Skills/Knowledge Cross cultural sensitivity and competence, interpersonal skills, communication skills and analytical mindset.

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