Manager Total Rewards

HRassistance; Mumbai; On-site; INR 1,500,000 - 2,200,000; Full time

Benefits offered by this job

Learning platforms access 24/7

Mentorship and guidance

Inclusive work environment

Job summary

HRassistance is seeking a senior HR professional for a US MNC client in Mumbai to lead compensation, rewards and benefits programs. You will design salary structures, manage benchmarking, and oversee annual cycles and merit processes, while aligning rewards with business goals.

You will also analyze data, report ROI to leadership, and collaborate with HR, Finance and management to drive total rewards strategy in a dynamic, global environment.

Qualifications

• MBA in HR or equivalent with relevant specialization.
• Five to eight years of post-MBA HR experience.
• Experience designing salary structures, incentives, and benefits.

Responsibilities

• Design and maintain competitive salary structures and pay equity frameworks.
• Lead market research and compensation benchmarking to stay externally competitive.
• Oversee annual compensation cycles, merit increases, incentive plans and rewards programs.
• Conduct job evaluations to ensure internal equity and role alignment.
• Develop and manage job architecture, including leveling and career frameworks.
• Oversee health insurance, retirement plans, wellness initiatives, and leave policies.
• Negotiate with vendors and manage benefit plan administration.
• Analyze compensation data and total rewards metrics; report ROI to leadership.
• Partner with HR, Finance, and leadership to align rewards strategy with business goals.

Skills

Presentation Skills

Influencing & Persuasion Skills

Excel

Written & Verbal Communication

Communication Skills

Education

MBA- HR

Job description

Our client a US MNC is a 500,000+ people strong around the world. The work it does comes down to one purpose: to provide its customers with outstanding experiences as it connects the world to what's next.

Department: Human Resource

Job Type: Full-time

Education: MBA- HR

Experience: Relevant and Post MBA 5 years to 8 years.

What you will do

You will act as a technical expert on complex and specialist subject(s). You will support management with the analysis, interpretation and application of complex information, contributing to the achievement of divisional and corporate goals. Supports or leads projects by applying area of expertise.

Job Specific Responsibilities

Design and Implement Compensation Programs

• Design and maintain competitive salary structures and robust pay equity frameworks.
• Lead market research and compensation benchmarking to ensure external competitiveness.
• Oversee annual compensation cycles, including merit increases, incentive plans, and rewards programs.
• Conduct job evaluations to ensure internal equity and role alignment.
• Develop and manage job architecture, including job leveling, career frameworks, and role clarity.

Manage Benefits and Wellness Programs

• Oversee health insurance, retirement plans, wellness initiatives, and leave policies.
• Negotiate with vendors and manage benefit plan administration.
• Ensure programs are cost-effective and meet employee needs

Data Analysis and Reporting

• Analyze compensation data and total rewards metrics.
• Prepare reports for leadership on program effectiveness and ROI.
• Monitor industry trends and recommend strategic adjustments.

Strategic Collaboration

• Partner with HR, Finance, and leadership to align rewards strategy with business goals.
• Support talent retention and engagement through holistic rewards programs

You will be a great fit if you

• Proven experience designing and managing salary structures, incentive plans, and benefits programs.
• Ability to interpret compensation data, conduct benchmarking, and provide actionable insights.
• Familiarity with labor laws, tax implications, and statutory requirements related to rewards programs.
• Skilled at explaining complex reward concepts to stakeholders and employees in a clear, engaging way.
• Experience with HRIS systems, compensation tools, and Excel for modeling and reporting.

Skills one must have: Presentation Skills, Influencing & Persuasion Skills, Strong command on excel, Written & Verbal, Communication Skills

What you can expect

• Attractive remuneration package
• Spread your wings and take ownership of your career with opportunities to network and connect with professionals in your field and involvement in cross-functional projects
• A supportive and inclusive work environment.
• Mentorship and guidance from industry professionals.
• Valuable skills and experience to enhance your resume.
• Complimentary 24/7 access to our learning platforms to support you in becoming who you want to be