Manager-Compensation, Performance & Rewards

This role is a full time role with our global manufacturing client.

Role Purpose: To manage the design, implementation, and administration of compensation, performance management, and benefits programs that attract, motivate, and retain talent while ensuring internal equity and external competitiveness.

Key Responsibilities Compensation Manage annual salary review, increment, and promotion cycles. Conduct salary benchmarking exercises with external market data and support job evaluation. Maintain and update internal compensation structures, pay ranges, and allowance frameworks. Coordinate with HRBPs and finance teams for payroll inputs, compensation letters, and analytics. Ensure compliance with organizational compensation policies and statutory norms.

Performance Management Support implementation of the performance management cycle (goal setting, mid-year and annual reviews). Manage system configurations, timelines, and communications related to performance reviews. Generate analytics on performance ratings, normalization, and trends for management decisions. Facilitate calibration sessions and performance moderation discussions.

Employee Cost Budgeting Partner with Finance and HRBP for preparing annual budgeting . Track actual spend versus budget and provide variance analysis with actionable insights. Provide cost simulations and analysis for compensation proposals or structural changes.

Benefits and R&R Administration Assist in managing employee benefits programs (insurance, wellness, leave policies, etc.). Coordinate with vendors/consultants on the various support taken for R&R, Benefits, Compensation platform Respond to employee queries and ensure smooth benefit operations. Monitor benefits utilization and recommend cost optimization measures without impacting employee experience.

Analytics & Reporting Prepare periodic analysis on compensation and performance metrics. Provide insights on pay positioning, and performance trends. Support audits and governance requirements for total rewards processes.

Key Skills & Competencies Strong analytical and numerical skills. Proficiency in MS Excel and HR systems (SAP / SuccessFactors ). Understanding of compensation and performance management frameworks. Excellent communication, coordination, and stakeholder management skills. Eye for accuracy and data integrity.

Qualification & Experience Education:

MBA / Postgraduate in HR or related field. Experience- Mid-Level (Assistant Manager / Manager): 4–8+ years of relevant experience in total rewards/C&B/PMS or HR operations.

Success Indicators On-time execution of compensation and performance cycles. 100% Accuracy in data and reports. Improved process efficiency and employee experience. Positive feedback from HRBPs and business stakeholders.