Key accountabilities and decision ownership
Monitor and analyze benchmark data, trend information, and economic projections to ensure the organization’s total remuneration and benefits strategy has a competitive and market position and is responsive to the business needs.Build and test relevant performance and reward management model to ensure appropriate benchmarks ensuring application across the organization.Responsible for monitoring Remuneration & Benefit Practices and Policies and ensure best is practice applied as per local legal conditions, statutory & tax requirements.Ensure consistency within the organization remuneration strategy. Consult, develop, and review local Remuneration & Benefit practices in the organization.Assistance with Remuneration practices, annual reward review; Short term incentives, and long-term incentive schemes.Contributes to specific initiatives which are Reward & Recog...