Support total rewards community of excellence globally for the Piramal Group even as we grow organically and inorganically to ensure superlative employees experience
Experience
MBAs from premium institute having 3-6 years of experience into Total Rewards function.
Competencies
Experience in job analysis/evaluation, market pricing, CB policies, year-end annual review cycle etc.
Exposure to managing senior level compensation (possibly with some understanding of stock-option plans), regulatory issues etc.
Exposure to comp interventions like retention, guarantees, buy-back etc. is desirable but not essential.
Experience in Global Mobility Compensation preferred
Look after Compensation, Benefits and Total Rewards for the Piramal Group. Oversee the Total Rewards - Role Evaluation, Job Architecture, Compensation and Benefits for different diversified Businesses.
Design, develop implement Global Rewards solutions for all businesses.
Ensure comprehensive compensation benchmarking and alignment of compensation structures.
Undertake benefits and best practices in rewards benchmarking in India and other countries like US, Canada, UK and European Markets.
Design innovative rewards programme to enhance the Piramal s EVP and instill a Performance culture. Benefits design and roll out in alignment to our compensation philosophy and best practices
Revamping Recognition p rogramme . Sales incentive redesign, retention Plan for top performers and critical talent etc.
Liaise with external agencies such as Aon Hewitt, Mercer, Towers Watson etc. to conduct market assessments / benchmarking and compensation consulting in line with business needs. Responsible for proposing and executing change with respect to CB policies and guidelines
Managing internal departmental queries with regards to ESOPs/LTI
