Head PMS & Total Rewards-Corporate

Role & responsibilities

• Design and execute a comprehensive performance management strategy that aligns with the companys vision, mission and strategic goals.
• Develop and maintain performance management policies, procedures, and tools to ensure consistent application across all Locations.
• Implement goal setting, mid-year reviews, and annual appraisals.
• Collaborate with HR heads from all locations to ensure top-down approach for establishing Key Performance Indicators.
• Periodically review the performance system and ensure its effective, fair, and aligned with industry best practices.
• Review and develop the total rewards strategy, including salary structure, bonuses, incentives, and long-term reward plans for the organization.
• Conduct regular compensation benchmarking and market analysis to ensure the company's offerings are competitive.
• Implement performance driven compensation structure and incentive programs that reward high performance, high potential meeting organizational objectives.
• Partner with IT and external vendors to ensure systems are user-friendly, efficient, and meet organizational needs.
• Ensure compliance with all relevant legal, regulatory, and internal standards related to performance management.
• Prepare and present regular reports to senior management on performance metrics, trends, and insights.
• Develop and maintain company-wide compensation and benefits policies, ensuring they are communicated clearly to all employees.
• Ensure consistent application of compensation frameworks and manage any exceptions in line with policy.
• Benchmarking with industrial best practices and execute digital framework.

Functional Competencies:

• Experience of designing & implementing performance management system.
• Hands on experience in devising total rewards strategy at organization level with industrial best practices.
• Excellent analytical skills with the ability to use data for decision-making.

Ability to collaborate with senior leadership and influence organizational change.

Behavioral & Managerial Competencies:

• Leadership ability with experience managing teams.
• Planning and organization ability.
• Strong project management and communication skills.
• Strategic Mindset and conflict resolution skill.