Reward Manager, Executive Compensation

Role Overview: You will be responsible for leading and managing the performance management and compensation functions within the organization. Your role will involve developing and implementing performance management systems, overseeing compensation strategies, and ensuring alignment with organizational goals. Key Responsibilities: - Design, implement, and manage the performance management system to ensure alignment with organizational goals and best practices. - Develop and administer performance evaluation processes, including goal setting, mid-year reviews, and annual appraisals. - Manage the promotion process, ensuring it is fair, transparent, and aligned with performance outcomes and career development plans. - Develop and execute compensation strategies and programs to ensure competitive and equitable compensation practices. - Oversee salary reviews, compensation benchmarking, and the development of compensation structures. - Manage design & implementation of compensation-related processes, including incentive programs, bonuses, and merit increases. - Prepare and present required data for Nomination and Remuneration Committee Board Meetings. - Ensure that performance management and compensation policies comply with legal and regulatory requirements. - Analyze performance and compensation data to provide insights and recommendations to senior leadership. - Collaborate with senior management to align performance and compensation strategies with business objectives. Qualification Required: - MBA degree in Human Resources, Business Administration, or a related field. - Minimum of 5 years of experience, with at least 2 years in performance & compensation roles. - Advanced skills in MS Excel. - Strong leadership and team management skills, with the ability to influence and drive change. - Advanced analytical skills with experience in performance and compensation data analysis. We look forward to reviewing your application and welcoming you to Tata AIG, where your skills and ambitions can thrive. Role Overview: You will be responsible for leading and managing the performance management and compensation functions within the organization. Your role will involve developing and implementing performance management systems, overseeing compensation strategies, and ensuring alignment with organizational goals. Key Responsibilities: - Design, implement, and manage the performance management system to ensure alignment with organizational goals and best practices. - Develop and administer performance evaluation processes, including goal setting, mid-year reviews, and annual appraisals. - Manage the promotion process, ensuring it is fair, transparent, and aligned with performance outcomes and career development plans. - Develop and execute compensation strategies and programs to ensure competitive and equitable compensation practices. - Oversee salary reviews, compensation benchmarking, and the development of compensation structures. - Manage design & implementation of compensation-related processes, including incentive programs, bonuses, and merit increases. - Prepare and present required data for Nomination and Remuneration Committee Board Meetings. - Ensure that performance management and compensation policies comply with legal and regulatory requirements. - Analyze performance and compensation data to provide insights and recommendations to senior leadership. - Collaborate with senior management to align performance and compensation strategies with business objectives. Qualification Required: - MBA degree in Human Resources, Business Administration, or a related field. - Minimum of 5 years of experience, with at least 2 years in performance & compensation roles. - Advanced skills in MS Excel. - Strong leadership and team management skills, with the ability to influence and drive change. - Advanced analytical skills with experience in performance and compensation data analysis. We look forward to reviewing your application and welcoming you to Tata AIG, where your skills and ambitions can thrive.