Manager - Rewards & Talent Management

# Manager /Sr Manager - Rewards & Talent Management Specialist ## Company Overview Not specified. ## Job Summary The Rewards & Talent Management Specialist is a pivotal member of the HR function, responsible for designing, implementing, and continuously improving the organization's total rewards framework and talent management initiatives. This dual-focus role requires both analytical precision and a human-centric approach to attract, retain, and motivate talent. ## Responsibilities ### 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 Employee Value Proposition (EVP). - 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. ### 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 HR Business Partners (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 Learning & Development (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 (Management Trainees, Graduate Engineers Trainees, etc.). ## Qualifications - **Educational Qualifications:** - 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. - **Technical Skills:** - Advanced MS Excel. - Data analytics and rewards reporting (Power BI, Tableau are a plus). - Compensation benchmarking and job evaluation methodologies. - Knowledge of labor laws: ESIC, Gratuity, Income Tax. - Benefits plan design and vendor management. - Payroll software and statutory compliance knowledge. ## Preferred Skills - Strong 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. - Commitment to confidentiality and high professional integrity. ## Experience 4-7 years of progressive HR experience with a strong focus on Compensation & Benefits and/or Total Rewards. ## Environment Not specified. ## Salary Not specified. ## Growth Opportunities Not specified. ## Benefits Not specified.