Senior Manager-Total Rewards

Designation : Senior Manager (Individual Contributor)

Experience : 5-10 Years

Location : Oragadam,Chennai

Responsibilities:

• Develop and execute comprehensive compensation and rewards strategies, policies, and programs to attract, retain, and motivate top talent.
• Conduct market research and analysis to benchmark compensation levels against industry standards and competitors.
• Collaborating with finance and other departments to establish budgets for compensation programs
• Conduct annual compensation review and manage merit increase processes
• Provide guidance and support to HR business partners and managers on compensation-related matters, including job leveling, salary bands, and incentive plans.
• Collaborating with recruitment to develop strategies for attracting and retaining top talent through competitive compensation and rewarding benefits.
• Collaborating with external vendors and consultants who may assist with compensation-related services.
• Analyze compensation data to identify trends, patterns, and areas for improvement, and provide actionable insights to senior management.
• Drive the communication and education of compensation programs, ensuring employees have a clear understanding of the total rewards offerings available to them.
• Develop and execute talent management strategies to support organizational goals
• Develop and implement succession planning strategies to ensure a pipeline of qualified internal candidates for critical roles.
• Develop and deliver training and development programs in liaison with L&D to enhance the skills and capabilities of the workforce, including leadership development programs to identify and develop high-potential employees for future leadership roles.
• Utilize talent analytics to inform decision-making and improve HR practices
• Regularly partner with HR business partners and leaders to drive talent initiatives supporting their business strategy.