Your key responsibilities
- Will support the assigned lead in the entire life cycle of compensation activities ranging from Compensation benchmarking, budgeting, increase and bonus cycles.
- Accountable to build and tap existing networks for sources of Market intelligence.
- Effectively partner with HR colleagues and business clients to manage, consult on compensation and benefit-related issues
- Provide guidance to the business and develop creative solutions on a variety of total compensation issues including the setting of appropriate fixed pay, variable pay levels.
- Build strong network and be able to assess the pulse of Recruitment and Talent retention data points and be able to support with Root cause analysis, findings and recommendations for a program.
- Perform ad hoc analysis for costing, program effectiveness and trend purposes
- Identify, select and participate in compensation and benefits surveys to analyse the company’s competitive market position for each in-country location
- Conduct custom compensation and benefits surveys with key industry contacts, as needed
- Should be able to think through Rewards and recognition policies and articulate management proposals on the same for new changes
- Look for opportunities to do Technology transformation in process areas and steps.
- Ensure deep dive analysis, ROI of all compensation interventions.
- Help in the change management process and communicate the same to the larger employees.
- Partnering with Procurement and Risk management as and when necessary when new service providers are signed up for.
- Ensure prompt and accurate compliance.
- Has to be fiscally responsible for the program budgets.
- Will be accountable for the judicious use of budgets towards program
Skills and attributes for success
- A self-starter and initative taker
- Should be able to tap into local networks to identify Total Rewards program opportunities.
- An individual who is eager to learn and research on topics.
- Team player.
- Work independently. Must be hands-on with high level of energy and professional skills to function effectively and independently in a fast growing environment with diverse stakeholders.
- Must possess strong verbal, written and interpersonal skills for internal presentations.
- Ability to seek out information, clearly communicate information and requests and provide quality advice
- Ability to effectively manage communication and relationships in a highly matrix organization structure
- Demonstrate the ability to highly network and also look for opportunities to attend external forums.
To qualify for the role, you must have
- Bachelors preferably Post graduate
- 8-10 years of experience preferably in a similar field of Total Rewards and someone who is preferably at an Assistant Manager level in the industry.
Ideally, you’ll also have
- Good understanding of the principles and practices of compensation and benefits systems and legislation in India
- Knows basic taxation laws applying to compensation in India
- Strong analytical, problem solving skills and quantitative skills and a track record for planning, doing and auditing work; able to systematically break down problems or processes into their parts and develop several alternative solutions
- Strong project management skills and ability to manage multiple projects and priorities at once
- Ability to create tools and models to interpret and analyse data
- Should be able to understand the nuances of diverse businesses and able to develop solutions that may look customized yet is scalable and can be made consistent
- Extensive understanding of industry wide Total Rewards programs and how it would work.
- Problem solving skills and quantitative skills and a track record for planning, doing and auditing work;
- Significant interaction with senior level members in the Talent team
What we look for
- Be an enabler of high-performance Talent team.
- Highly detail driven with emphasis on accuracy, coupled with the ability to see the broader/big picture
- Keen interest to invest time for self-learning, seeking opportunities to work on cross-functional HR projects
- Working collaboratively in a team environment
- Comfortable working in a highly matrixed environment
What we offer
EY Global Delivery Services (GDS) is a dynamic and truly global delivery network. We work across six locations – Argentina, China, India, the Philippines, Poland and the UK – and with teams from all EY service lines, geographies and sectors, playing a vital role in the delivery of the EY growth strategy. From accountants to coders to advisory consultants, we offer a wide variety of fulfilling career opportunities that span all business disciplines. In GDS, you will collaborate with EY teams on exciting projects and work with well-known brands from across the globe. We’ll introduce you to an ever-expanding ecosystem of people, learning, skills and insights that will stay with you throughout your career.
- Continuous learning : You’ll develop the mindset and skills to navigate whatever comes next.
- Success as defined by you : We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
- Transformative leadership : We’ll give you the insights, coaching and confidence to be the leader the world needs.
- Diverse and inclusive culture : You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.