Manager /Sr Manager - Rewards & Talent Management Specialist

Company Overview

Not specified.

Job Summary

The Rewards & Talent Management Specialist is a pivotal member of the HR function, responsible for designing, implementing, and continuously improving the organization's total rewards framework and talent management initiatives. This dual-focus role requires both analytical precision and a human-centric approach to attract, retain, and motivate talent.

Responsibilities

Rewards Responsibilities:

• Compensation Management:

  • Conduct regular benchmarking of compensation structures using market surveys and industry data (Mercer, Aon, Willis Towers Watson).
  • Support the annual merit review and salary revision process, ensuring internal equity and external competitiveness.
  • Analyze pay bands and recommend adjustments aligned with business strategy and budget constraints.
  • Administer and audit payroll inputs in coordination with the payroll team, ensuring zero-error processing.
  • Prepare compensation reports for leadership including pay gap analysis.

• Total Rewards Strategy & Communication:

  • Support the development and communication of the organization's total rewards philosophy and Employee Value Proposition (EVP).
  • Create rewards statements and compensation calculators to improve transparency and employee understanding of their total package.
  • Partner with Finance to build annual rewards budgets, forecasts, and cost modelling.
  • Design targeted rewards interventions for critical talent segments, high performers, and hard-to-fill roles.

• Variable Pay & Incentive Programs:

  • Administer short-term and long-term incentive plans (STI, LTI, ESOPs) including eligibility, calculation, and payout processing.
  • Track KPI/OKR performance linkage to variable compensation and ensure timely communication of outcomes to stakeholders.
  • Partner with business heads to design role-specific incentive structures.
  • Ensure compliance of all variable pay programs with statutory requirements and internal audit standards.

Talent Management Responsibilities:

• Performance Management:

  • Support the design and execution of the annual performance appraisal cycle - goal setting, mid-year reviews, and year-end calibration.
  • Train managers and employees on performance tools, rating scales, and continuous feedback best practices.
  • Maintain performance data integrity in HRIS and generate analytics for identifying high performers and underperformers.
  • Facilitate performance improvement plans (PIPs) in collaboration with HR Business Partners (HRBPs) and line managers.

• Succession Planning & Career Pathing:

  • Support the identification and development of a succession pipeline for critical and key roles across functions.
  • Maintain talent grid data and facilitate 9-box reviews in partnership with senior HR leadership.
  • Collaborate with Learning & Development (L&D) and business leaders to create development plans for high-potential employees (HiPos).
  • Design career lattice frameworks that enable lateral and vertical movement within the organization.
  • Own and drive all early career programs (Management Trainees, Graduate Engineers Trainees, etc.).

Qualifications

• Educational Qualifications:

  • MBA / PGDM with HR specialization.

• Experience:

  • 4-7 years of progressive HR experience with a strong focus on Compensation & Benefits and/or Total Rewards.
  • Demonstrable exposure to talent management processes: performance management, succession planning.
  • Experience in working with compensation benchmarking tools.

• Technical Skills:

  • Advanced MS Excel.
  • Data analytics and rewards reporting (Power BI, Tableau are a plus).
  • Compensation benchmarking and job evaluation methodologies.
  • Knowledge of labor laws: ESIC, Gratuity, Income Tax.
  • Benefits plan design and vendor management.
  • Payroll software and statutory compliance knowledge.

Preferred Skills

• Strong analytical mindset with attention to detail.
• Ability to manage multiple priorities under deadlines.
• Strong stakeholder management and influencing skills.
• Collaborative team player with business acumen.
• Commitment to confidentiality and high professional integrity.

Experience

4-7 years of progressive HR experience with a strong focus on Compensation & Benefits and/or Total Rewards.

Environment

Not specified.

Salary

Not specified.

Growth Opportunities

Not specified.

Benefits

Not specified.