Sr Executive-HR COE

Area(s) of responsibility

 

Experience : 3-5 Years

 

Role & responsibilities:

Compensation Management

• Support annual and off‑cycle compensation review cycles, including data validation, analysis, and system uploads.
• Assist in pay range creation, maintenance, and governance, ensuring alignment with market benchmarks and internal parity.
• Support executive compensation analysis, modelling, and documentation as required.

Variable Pay & Incentives

• Manage end‑to‑end VPI (Variable Pay Incentive) processing, including eligibility checks, calculations, validations, and payouts.
• Support VPI plan design and modifications, including performance measures, payout logic, and policy documentation.
• Administer sales incentive plans, ensuring accurate calculations, timely payouts, and clear communication to stakeholders.

Benchmarking & Market Analysis

• Participate in compensation benchmarking exercises using external surveys (e.g., Mercer, Deloitte, Aon, etc.).
• Analyze market data to support pay positioning, offer fitment, and internal equity assessments.
• Prepare insights and presentations for leadership on compensation competitiveness.

Benefits Design & Administration

• Support benefit program design and enhancements, including statutory and non‑statutory benefits.
• Coordinate with vendors, insurers, and internal teams for benefit administration and issue resolution.
• Assist in policy updates and employee communications related to benefits.

Governance, Systems & Compliance

• Ensure accuracy of compensation data in HR systems.
• Support audits, compliance checks, and documentation related to compensation and benefits.
• Maintain SOPs, policies, and process documentation for Total Rewards programs.

Stakeholder Management

• Partner with HRBPs, Payroll, Finance, and Business teams to ensure smooth execution of Total Rewards initiatives.
• Respond to employee and leadership queries related to compensation, incentives, and benefits.