COE Lead - Compensation & Benefits

Company:

Mahindra & Mahindra Ltd Responsibilities & Key Deliverables
The Lead COE for Compensation and Benefits is responsible for designing, implementing, and managing compensation and benefits programs that align with the organization's strategic objectives, ensuring internal equity, external competitiveness, and compliance with relevant laws and regulations. This role collaborates with HR Shared Services, business leaders, and external agencies to deliver a seamless experience in compensation and benefits management. Additionally, the role focuses on optimizing benefit administration, cost reduction initiatives, accurate organizational data management, and enhancing employee experience through collaboration and simplification initiatives. Key Responsibilities:
Define and implement a forward-looking total rewards strategy, encompassing external benchmarking, competitive pay structures, and long-term incentive (LTI) programs to attract, retain, and motivate ...