Manager Total Rewards

AB InBev GCC was incorporated in 2014 as a strategic partner for Anheuser-Busch InBev. The center leverages the power of data and analytics to drive growth for critical business functions such as operations, finance, people, and technology. The teams are transforming Operations through Tech and Analytics.

Do You Dream Big?

We Need You.

Job Title: Manager - Total Rewards

Location: Bangalore

Reporting to: Senior Manager - Total Rewards

1. PURPOSE OF ROLE

AB In Bev GCC is a 1800 strong organization comprising three broad verticals: Operations, Technology and Analytics

The Manager Total Rewards will primarily be responsible for leading the development, implementation, and management of total rewards programs including designing and executing competitive compensation, benefits, and recognition strategies to attract, retain, and motivate top talent while ensuring alignment with company's objectives and culture.

2. KEY TASKS AND ACCOUNTABILITIES

• Develop and maintain a comprehensive total rewards strategy aligned with the organization's overall goals and objectives. This includes compensation, benefits, recognition, and performance management programs.
• Oversee the design and execution of competitive and equitable compensation structures, ensuring alignment with industry benchmarks and internal equity.
• Conduct regular market analyses to ensure the organization's compensation packages remain competitive.
• Lead efforts locally from India to plan all Compensation cycle activities – including merit, bonus and off cycle corrections.
• Lead the design, evaluation, negotiation of employee benefits programs, such as health and wellness plans, retirement savings, and other employee welfare initiatives.
• Continuously assess the effectiveness of existing benefits and wellbeing programs and propose improvements as needed.
• Collaborate with HR leadership to design and implement effective employee recognition programs that foster a culture of excellence, employee engagement, and continuous improvement.
• Stay abreast of relevant laws and regulations related to compensation and benefits, ensuring the organization's total rewards practices are compliant with all applicable laws and standards.
• Manage the total rewards budget, working closely with finance and HR leadership to allocate resources effectively and optimize ROI on compensation and benefits expenditures.
• Lead evaluation of new roles to propose appropriate fitment of the new role in the existing job hierarchy.
• Develop and deliver clear, effective, and engaging communication strategies to educate employees about the organization's total rewards programs, ensuring they understand the value and benefits available to them.
• Evaluate and negotiate contracts with third-party vendors, consultants, and benefit providers to ensure cost-effective and high-quality services.
• Utilize data analytics and relevant metrics to assess the effectiveness of total rewards programs, identify trends, and make data-driven recommendations for improvement.
• Manage and mentor a team of total rewards professionals, fostering a culture of collaboration, innovation, and excellence within the function.

3. QUALIFICATIONS, EXPERIENCE, SKILLS

• Level of educational attainment required:

○ Bachelor's Degree in any discipline

○ MBA in Human Resource Management from a Tier 1 B-school preferred

• Previous work experience

○ 7-8 years of work experience, including at least 4-5 years in Total Rewards

○ Prior design experience in Total Rewards offerings essential

• Language skills required.

○ Strong verbal and written English language skills required.

○ Strong presentation skills desirable

And above all of this, an undying love for beer! We dream big to create future with more cheers