Job Description

Overview

KPMG is a global network of professional firms providing Audit, Tax and Advisory services.

KPMG in India, a professional services firm, is the Indian member firm of KPMG International Cooperative (&;ldquo;KPMG International.&;rdquo;) was established in September 1993. As members of a cohesive business unit they respond to a client service environment by leveraging the resources of a global network of firms, providing detailed knowledge of local laws, regulations, markets and competition.

Team Overview

The position in discussion is with the Total Rewards team at KPMG India. Currently comprising 4 members, the team drives and supports the Rewards and Benefits Strategy and Philosophy across all entities and business units of KPMG India.

Location - Open (Mumbai/Bangalore/Hyderabad/Noida/Gurgaon/Pune/Kolkata)

As a part of the Rewards team, the individual would be responsible for providing on-going end to end support for all activities related to the Total Reward program of the firm. The key responsibilities will include the following:

• Support in driving various compensation programs including merit increase, pay for performance programs and compensation planning, market benchmarking etc. for diverse job profiles.
• Support in designing skill-based hiring ranges based on internal and external market inputs.
• Supporting the annual increment process, modeling the final increments, incorporating various scenarios as per budgetary requirements.
• Provide support in participating in flagship industry benchmarking surveys conducted by external vendors and maintaining a systematic database of various reports.
• Utilizing the market data for deriving valuable inputs during increment proposal stage.
• Maintaining and publishing dashboards and reporting on the compensation interventions and related ROI
• Maintain industry networks to understand market trends and gather intelligence.
• Seamless roll out of revised salaries with 100% accurate pay roll inputs, generating and issuing revised compensation letters to employees.
• Liaise with Talent Acquisition/ HR Business Partners to address Talent attraction and retention issues/adapt to new demands of the business
• Guide HR Business Partners on the compensation philosophy of the organization, salary structure, variable pay, allowances and increments
• Liase with other functions such as Finance, Payroll and Legal team for a smooth administration of existing and new Total Rewards programs.
• Extend support in all internal and external audits and manage processes to ensure there are no red flags
• Ensure compliance with existing and new Statutory Compliances.

• Minimum 4-5 years of experience across different facets of Total Rewards covering Compensation and Benefits operations, designing rewards programs and solutions that align with unique needs of business.
• Proficiency in working with MS Excel and strong hold on analysis of data.
• Excellent verbal and written communication skills
• Experience in managing compensation through systems (SAP, Workday or in-house tools) and an understanding of automation of comp module will be an added advantage.
• Ability to collaborate and work with stakeholders across levels and teams.
• Ability to work in a complex business environment.