Assistant Vice President - Performance, Rewards And Systems Job in Sterlite Power
Assistant Vice President - Performance, Rewards And Systems
Sterlite Power
4+ weeks ago
- New Delhi, NCT
- Not Disclosed
- Full-time
- Permanent
Job Summary
Position Demands
- Demonstrated experience in HR leadership roles for a min of 5 years in C&B domain.
- Total experience of a min 10 years in HR and related fields.
- In depth subject matter know how in the field of C&B.
- Knowledge of different compensation and benefits practices around pay, incentive systems, long term
- incentive plans.
- Knowledge of compensation and benefit practices of India as per Indian IT act and labour laws.
Key Accountabilities / Responsibilities
Strategic:
- Design, develop and implement interventions around job sizing, competitive compensation and benefits.
- system, HR operations, and managed shared services.
- Use digital systems to digitise employee data, C&B processes, generate measures and insights to inform and shape people and org interventions.
- expats solutions within and outside of India, solutions towards long term incentive plans, and HR and payroll shared services.
- Analyse compensation policies, government regulations, and prevailing wage rates.
- Develop competitive compensation plan. For India and other regions (LATAM) and other as per business needs.
Financial Management:
- Track and manage budgets and cost benefits analysis of different solutions and interventions in this domain.
Operational:
- Design, evaluate and re-engineer benefits policies to ensure that programs are current, competitive, and in compliance with legal requirements. Continuously enhance the Value proposition for attraction & retention of Talent.
- Fulfil all reporting requirements of all relevant government rules and regulations, including the Employee Retirement Programs including NPS and so on.
- Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies.
- Administer the six-monthly performance management process cycle for the group starting from goal setting to goal assessment to pay-out of variable pay.
- Manage the budgeting process for the group HR functions and monitor and track spend and optimal usage of HR budgets.
People Management:
- Change manages org wide program roll outs.
Experience Required :
Minimum 5 Years
Vacancy :
2 - 4 Hires
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