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Mondelez International

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4.2

based on 1k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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48 Mondelez International Jobs

My Rewards Lead

5-8 years

Mumbai

1 vacancy

My Rewards Lead

Mondelez International

posted 4hr ago

Job Description

You will work with others to ensure that processes are understood and that changes are effectively implemented. To excel in this role, you will keep a close track on actions and issues and ensure they are resolved on a timely basis. In addition, you will be responsible for ensuring that services are provided and measured, including vendor management, contract management and service level agreements, offer suggestions to other stakeholders to enhance the experience strategy, ensure value delivery using performance metrics and analysis, and work with others to achieve operational excellence and continuous improvement to ensure customer-focused delivery of services.
What you will bring
A desire to drive your future and accelerate your career. You will bring experience and knowledge in:
  • Working in a project-driven organization
  • Managing multiple and diverse stakeholders
  • Your specific discipline (in-depth)
  • Change management and governance processes
  • Influencing and communicating with others
  • Presentation skills
  • Compliance and controls (experience in audits or part of programs where compliance is important)
  • Working effectively in a constantly changing environment and using initiative and personal resourcefulness
The objectives and guiding principles for MBS Hire to Retire include:
  • Focus on excellent customer service while providing a great place to work through an outcome based, knowledgeable and engaged HR services organization.
  • Integrate our global scale with simplified and standardized processes and technologies.
  • Promote common ways of working with the positive end user experience in mind.
  • Build a continuous improvement culture.
  • Provide a talent pool for HR.
  • Implement non-negotiable control and compliance standards.
Purpose of the role:
The Compensation Team Lead will provide leadership and direction to the Compensation Analyst to deliver PD Evaluation, Salary Survey participation and YE Planning activities and Compensation Program administration for a specific sub region or business units.
How you will contribute
You will:
  • Accountable in driving the day-to-day operations of IN and ANZJ My Rewards Teams.
  • Manage BU communication and implementation of annual compensation programs (including merit, incentive and equity) as well as compensation and benefits projects supporting business strategic initiatives and alignments.
  • Accountable for the completion of market surveys and analysis of results to recommend annual adjustments to wage structures for markets supported and annual salary structure movement for unique salary ranges. Partner with business leaders, People Leads, and People Experience to develop appropriate communication strategy and materials
  • Review and approve the appropriate salary grade/band for positions primarily using the Hay methodology with consideration given to internal slotting and external market data. Lead development of simple and objective salary grade/band criteria for positions with multi-grades/bands to ensure internal equity and competitiveness with external market.
  • Manage broader compensation projects. Examples include the annual competitive review process, education of managers and HR colleagues on company compensation philosophy and programs, evolution of performance rewards strategy, etc.
  • Partners with Rewards COEs to support overall business unit agenda on top of aligning on annual salary and ad hoc surveys, vendor selection and survey strategy;
  • Accountable for initiating and maintaining contracts with My Rewards vendor
  • Manages ad hoc compensation-related analysis and requests
What you will bring
A desire to drive your future and accelerate your career. You will bring experience and knowledge in:
  • MBA in HR or equivalent qualification
  • Experience - 5-8 years with minimum 3 years relevant exp.
  • Experience with job evaluation (Hay preferred), salary surveys, market pricing and salary range analysis required.
  • Experience with being part of projects and experience vendor relationships.
  • Experience with cost modeling.
  • Deep knowledge and awareness of external trends and can integrate this with business strategy to create actionable insights.
  • Demonstrate strong interpersonal and listening skills and maintain an active network inside/outside the organization .
  • Proven ability dealing with all levels of management and the sensitivity of different cultures, developing formal and information relationships within the organization to assist in goal achievement .
  • Ability to speak concisely and to adapt messages to a range of audiences to inspire action and lead cross-functional to achieve results without direct authority .
  • Broad business acumen and systems thinking, continuous learning approach to the business and strong curiosity to understand others contexts .
  • High level of integrity and dependability with a strong sense of urgency and results-orientation

Employment Type: Full Time, Permanent

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What people at Mondelez International are saying

Lead salary at Mondelez International

reported by 2 employees with 9-15 years exp.
₹60.6 L/yr - ₹66.9 L/yr
337% more than the average Lead Salary in India
View more details

What Mondelez International employees are saying about work life

based on 1k employees
70%
57%
48%
98%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

Mondelez International Benefits

Health Insurance
Job Training
Soft Skill Training
Free Transport
Cafeteria
Team Outings +6 more
View more benefits

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