Total Rewards Specialist
Tata Consultancy Services · Mumbai Suburban, Maharashtra, India
Tata Consultancy Services · Mumbai Suburban, Maharashtra, India
**Job Description** ***Total Rewards Manager*** *is responsible for designing and managing compensation, rewards, and recognition programs while ensuring competitiveness, compliance, cost effectiveness, and alignment with business strategy.* **Key Responsibilities** - Develop and manage compensation and reward strategies, policies, and frameworks. - Lead salary review processes including increments, promotions, salary corrections, and pay-fitment recommendations. - Drive annual budgeting, forecasting, cost analysis, and compensation reporting. - Monitor compensation budgets and partner with Finance on provisioning, reconciliations, and financial planning. - Conduct market benchmarking and provide insights on pay competitiveness and internal parity. - Lead HR analytics, dashboards, trend analysis, and management reporting to support decision-making. - Ensure compliance with compensation policies, audits, statutory requirements, and governance standards. - Drive digitization, automation, and process-improvement initiatives across Total Rewards programs. - Partner with HR Business Partners, Finance, Talent teams, and business leaders on reward-related interventions and special projects. - Lead and mentor Total Rewards team members while managing stakeholder queries and day-to-day operations. **Qualification & Experience** - Post Graduation in Human Resources (MBA/PGDM in HR or equivalent). - Minimum 57 years of experience in Compensation & Benefits, Total Rewards, HR Analytics, or related HR functions. - Strong aptitude for numbers with excellent analytical and problem-solving skills. - Proven experience in handling and analyzing large volumes of HR and compensation data. - Advanced proficiency in Microsoft Excel, Word, PowerPoint, and other reporting/analytics tools. - Strong conceptual understanding of Compensation & Benefits, salary structures, job evaluation, benchmarking, budgeting, incentive programs, and rewards administration. - Ability to interpret data trends and provide actionable insights to support business and HR decision-making. **Key Skills** - Compensation & Benefits expertise - HR Analytics and Reporting - Budgeting and Financial Acumen - Market Benchmarking - Policy Design and Governance - Stakeholder Management - Process Excellence and Digitization - Advanced Excel and data analysis skills