Manager-Compensation, Performance & Rewards

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 ResponsibilitiesCompensation- 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): 4–8+ 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.

Apply Now