Sr. Manager - Performance & Rewards

Key Responsibilities

Performance Management:

• Design and implement a robust Performance Management System (PMS) that fosters a high-performance culture.
• Partner with business leaders to align individual and team goals with organizational objectives.
• Drive the annual and mid-year performance review processes, ensuring adherence to timelines and quality standards.
• Provide training and guidance to managers and employees on goal setting, feedback, and evaluation processes.

Compensation and Rewards Strategy:

• Develop and manage competitive and equitable compensation structures.
• Conduct benchmarking studies to ensure compensation practices are aligned with industry standards.
• Design reward programs, including incentive plans, recognition initiatives, and retention strategies.
• Partner with finance and leadership teams to manage compensation budgets effectively.

Data Analysis and Insights:

• Analyze performance and compensation data to identify trends and inform strategic decisions.
• Generate reports and dashboards to provide actionable insights to senior management.
• Evaluate the effectiveness of performance and compensation initiatives through data-driven approaches.
• Compliance and Governance:
• Ensure compliance with legal and regulatory requirements related to compensation and performance management.
• Establish and maintain governance processes for approvals and policy adherence.

Collaboration and Stakeholder Management:

• Work closely with HR Business Partners, Finance, and Leadership to align on priorities and deliverables.
• Facilitate workshops and meetings to gather inputs and provide updates on performance and compensation strategies.

Key Skills and Competencies

• Strong analytical and problem-solving skills with a focus on data-driven decision-making.
• In-depth understanding of performance management and compensation frameworks.
• Proficiency in HR systems, preferably HRMS/HRIS tools like Darwinbox.
• Excellent communication and stakeholder management skills.
• Strong attention to detail with the ability to manage multiple priorities.