Sr Executive-HR COE

Job description

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.