Director, Total Rewards

Morningstar; Navi Mumbai; On-site; INR 3,500,000 - 5,200,000; Full time

Benefits offered by this job

Hybrid work model

Flexible benefits

Equal opportunity employer

Job summary

Morningstar India Private Ltd. in Navi Mumbai seeks a Director Total Rewards to lead and transform the Total Rewards team, shaping India-specific reward programs and ensuring competitive market positioning.

You will design, implement and consult on compensation and benefits strategies in collaboration with local and global P&C leaders. You will mentor the team, drive benchmarking, training, and processes through automation, and partner with Global Rewards to align initiatives with overall

Qualifications

• Graduate in HR, Finance, or related field.
• 15+ years of work experience, with 10+ years in Compensation and Benefits.
• Extensive experience in salary surveys, comp reviews, and benefits management.
• Proactive, fast learner, and flexible in approach.
• Strong consultation and coaching skills across all employee levels.
• Excellent analytical and strategic problem-solving skills.
• Ability to manage multiple projects and think strategically.
• Strong communication and influencing skills.
• Proficient in Microsoft Word, Excel, PowerPoint, and HR tools like Workday, HRMS.
• Energetic, self-directed, detail-oriented with a positive attitude.

Responsibilities

• Advocate Morningstar Total Rewards Philosophy across the organization.
• Serve as the primary contact for Total Rewards management in India.
• Research, analyze, and evaluate compensation and benefits practices.
• Benchmark compensation and recommend changes to ensure fairness.
• Design and conduct training sessions on compensation topics.
• Mentor and strengthen the local Rewards team.
• Transform processes via automation or streamlining.
• Collaborate with Global Rewards team on initiatives and budgeting.
• Drive and support compensation review processes and communication.
• Establish and support job leveling, benchmarking, and manager education.
• Oversee and innovate benefits programs to build a best-in-class employee experience.

Job description

Role: Director Total Rewards

Location: Vashi (Navi Mumbai)

The Team:

The Compensation and Total Rewards team, within the broader People & Culture function, supports strategic and operational direction and execution for P & C's compensation and benefit programs/activities. The team is responsible for ensuring competitive market positioning while ensuring fair and equitable practices. Supports and participates in global decision-making for current and future programs and requirements.

The Role:

Lead and transform the Total Rewards team in India. Responsible for the design, implementation, and consultation on reward programs. Work closely with global and local P & C leaders across domains. Ensure India-specific employee benefits are competitive. Actively participate in global initiatives to improve processes and enhance employee experience.

Responsibilities:

• Advocate Morningstar Total Rewards Philosophy across the organization.
• Serve as the primary contact for Total Rewards management in India.
• Research, analyze, and evaluate compensation and benefits practices.
• Benchmark compensation and recommend changes to ensure fairness.
• Design and conduct training sessions on compensation topics.
• Mentor and strengthen the local Rewards team.
• Transform processes via automation or streamlining.
• Collaborate with Global Rewards team on initiatives and budgeting.
• Drive and support compensation review processes and communication.
• Establish and support job leveling, benchmarking, and manager education.
• Oversee and innovate benefits programs to build a best-in-class employee experience.

Requirements:

• Graduate in HR, Finance, or related field.
• 15+ years of work experience, with 10+ years in Compensation and Benefits.
• Extensive experience in salary surveys, comp reviews, and benefits management.
• Proactive, fast learner, and flexible in approach.
• Strong consultation and coaching skills across all employee levels.
• Excellent analytical and strategic problem-solving skills.
• Ability to manage multiple projects and think strategically.
• Strong communication and influencing skills.
• Proficient in Microsoft Word, Excel, PowerPoint, and HR tools like Workday, HRMS.
• Energetic, self-directed, detail-oriented with a positive attitude.

Legal Entity:

I10_MstarIndiaPvtLtd Morningstar India Private Ltd. (Delhi)

Work Environment:

Morningstar's hybrid environment allows remote work and regular in-person collaboration (typically three days a week). Flexible benefits and resources are available to stay engaged with global colleagues.

Morningstar is an equal opportunity employer.