drjobs Internal Firm Services - Total Rewards - Senior Associate

Internal Firm Services - Total Rewards - Senior Associate

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1 Vacancy
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Job Location drjobs

Kolkata - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Line of Service

Internal Firm Services

Industry/Sector

Not Applicable

Specialism

IFS Human Capital (HC)

Management Level

Senior Associate

Job Description & Summary

At PwC our people in people strategy focus on developing and implementing longterm strategies to align the organisations human capital with its overall business objectives. This involves analysing workforce trends applying the latest HR strategy longterm workforce planning and improving overall employee experience.

Those in total rewards at PwC will design and implement compensation and benefits programmes to attract and retain top talent. Your work will focus on making sure employees are rewarded fairly and competitively for their contributions to the Firm.

Focused on relationships you are building meaningful client connections and learning how to manage and inspire others. Navigating increasingly complex situations you are growing your personal brand deepening technical expertise and awareness of your strengths. You are expected to anticipate the needs of your teams and clients and to deliver quality. Embracing increased ambiguity you are comfortable when the path forward isnt clear you ask questions and you use these moments as opportunities to grow.

Examples of the skills knowledge and experiences you need to lead and deliver value at this level include but are not limited to:

  • Respond effectively to the diverse perspectives needs and feelings of others.
  • Use a broad range of tools methodologies and techniques to generate new ideas and solve problems.
  • Use critical thinking to break down complex concepts.
  • Understand the broader objectives of your project or role and how your work fits into the overall strategy.
  • Develop a deeper understanding of the business context and how it is changing.
  • Use reflection to develop self awareness enhance strengths and address development areas.
  • Interpret data to inform insights and recommendations.
  • Uphold and reinforce professional and technical standards (e.g. refer to specific PwC tax and audit guidance) the Firms code of conduct and independence requirements.

    • Support the development and design of compensation packages and benefit policies aligned with the organizations strategy including the regular monitoring reporting and budget management
    • Coordinates C&B processes like the salary planning bonus planning new benefits introduction etc.
    • Facilitate annual salary review process and annual incentive plan processes in liaison with market involving budgeting communication rollout implementation/ change management
    • Work with a benefits team to benchmark and monitor the efficiency of current programs Be a source of expertise on all projects/initiatives with a reward benefits or recognition impact.
    • Keep track to ensure alignment of all compensation systems to general conditions on the labor market as well as on legal regulations
    • Work with managers to help develop market competitive reward programs and support setting up of related processes
    • Keep abreast with emerging trends issues and best practices and look for opportunities to incorporate them into the organizations compensation and benefits program
    • Preparation of regular audits and reports for information storage reasons.
    • Perform C&B Analytics that provide insights to business and leadership teams and assist them in decision making
    • Participates as a the team member in strategic projects and initiatives
    • Partner closely with the business and with HR colleagues building strong relationships to understand and respond to their reward requirements ensuring all activities are aligned with the overall HR Strategy and Reward philosophy
    • Review salary ranges annually in conjunction with the Reward Program team to ensure our pay structure remains competitive
    • Support and work closely with the Talent Acquisition for bespoke offers and salary benchmarks
    • Benefits Review design implement and communicate benefits programs and activities through robust analysis of market data trends and participation in relevant market surveys.
    • Monitor utilization of benefits and prevent cost escalation.
    • MBA in Human Resources / Business Administration or similar relevant field
    • Previous working experience as a compensation and benefits specialist
    • Prior experience in HR operations and knowledge of best practices
    • Familiarity with current employment rules and regulations
    • Hands on experience with quantitative and qualitative research
    • Strong interpersonal and communication skills

Attachments

Education (if blank degree and/or field of study not specified)

Degrees/Field of Study required:

Degrees/Field of Study preferred:

Certifications (if blank certifications not specified)

Required Skills

Optional Skills

Accepting Feedback Accepting Feedback Active Listening Analytical Thinking Benchmarking Studies Benefits Administration Benefits Program Design Bonus Program Design CoCreation Communication Compensation Strategy Compensation Structuring Compliance Awareness Conducting Research Creativity Data Analysis Data Analytics DataDriven Decision Making (DIDM) DataDriven Insights Data Storytelling Embracing Change Emotional Regulation Empathy Employee Compensation and Benefits Employee Recognition 27 more

Desired Languages (If blank desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship

No

Government Clearance Required

No

Job Posting End Date


Required Experience:

Senior IC

Employment Type

Full-Time

Company Industry

About Company

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