Total Rewards Specialist
Total Rewards Specialist
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Job Description
Total Rewards Specialist
The Total Rewards Specialist will be responsible for developing and implementing comprehensive compensation and benefits strategies that align with our organizational objectives and work culture. This role involves conducting market research managing compensation surveys supporting HR budgeting processes and ensuring compliance with legal standards. The specialist will also handle employee health benefits global mobility programs and various HR reporting tasks to enhance employee satisfaction and organizational efficiency.
Key Responsibilities:
Compensation Management:
Develop consistent compensation policies in accordance with organizational objectives and work culture.
Conduct ongoing research on emerging market trends and best practices.
Conduct various compensation surveys to determine benefits and pay rates.
Perform job evaluations and review pay ranges through compensation benchmarking analysis.
Conduct job architecture and role/level mapping.
Ensure all procedures concerning promotion transfer and re-designation are carried out as per company policy and within legal boundaries.
Benefits Administration:
Lead the employee health insurance program including renewals raising awareness of health benefits.
Own the global mobility program for India location
Review existing policies against market standards and propose changes to attract and retain talent.
Budgeting and Financial Reporting:
Maintain the manpower cost and budget.
Own the employment cost budget and actual variance reporting process.
Provide support in HR employment cost budgeting and monthly variance analysis.
Report and publish various dashboards and financial reports including HR dashboards cost analysis and cost variance reports.
Analyze and highlight red flags on headcount employment costs and expenses to relevant stakeholders.
Additional Responsibilities:
Being the focal point of contact to provide advice and guidance to local HR and escalation of issues to the right channel.
Build and develop education materials and communication strategies with relevant stakeholders to drive the overall compensation & benefits objectives.
Assist with any other related tasks as assigned by the Head of Department.
Additional Information :
Additional Information for the job
Diversity & Inclusion
LDC is driven by a set of shared values and high ethical standards with diversity and inclusion being part of our DNA. LDC is an equal opportunity employer committed to providing a working environment that embraces and values diversity equity and inclusion.
LDC encourages diversity supports local communities and environmental initiatives. We encourage people of all backgrounds to apply.
Sustainability
Sustainable value is at the heart of our purpose as a company.
We are passionate about creating fair and sustainable value both for our business and for other value chain stakeholders: our people our business partners the communities we touch and the environment around us
What We Offer
We provide a dynamic and stimulating international environment which will stretch and develop your abilities and channel your skills and expertise with outstanding career development opportunities in one of the largest and most solid private companies in the world.
We offer
- A workplace culture that embraces diversity and inclusivity
- Opportunities for Professional Growth and Development
- Employee Recognition Program
- Employee Wellness Programs - Confidential access to certified counselors for employee and eligible family members along with monthly wellness awareness sessions.
- Certified Great Place to Work
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
