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Sr Manager Rewards & Talent Management Specialist


Job Location:

Mumbai - India

Monthly Salary: Not provided by the employer
Posted: 29 May 2026 (30+ days ago)
Application Deadline: 26 August 2026
Vacancies: 1 Vacancy
The job posting is outdated and position may be filled

Job Summary

Job Description:

  • Compensation Management

  • Conduct regular benchmarking of compensation structures using market surveys and industry data (Mercer Aon Willis Towers Watson)

  • Support the annual merit review and salary revision process ensuring internal equity and external competitiveness

  • Analyze pay bands and recommend adjustments aligned with business strategy and budget constraints

  • Administer and audit payroll inputs in coordination with the payroll team ensuring zero-error processing

  • Prepare compensation reports for leadership including pay gap analysis

  • Total Rewards Strategy & Communication

  • Support the development and communication of the organizations total rewards philosophy and EVP (Employee Value Proposition)

  • Create rewards statements and compensation calculators to improve transparency and employee understanding of their total package

  • Partner with Finance to build annual rewards budgets forecasts and cost modelling

  • Design targeted rewards interventions for critical talent segments high performers and hard-to-fill roles Variable Pay & Incentive Programs

  • Administer short-term and long-term incentive plans (STI LTI ESOPs) including eligibility calculation and payout processing

  • Track KPI/OKR performance linkage to variable compensation and ensure timely communication of outcomes to stakeholders

  • Partner with business heads to design role-specific incentive structures

  • Ensure compliance of all variable pay programs with statutory requirements and internal audit standards