About the job:

Are you a change agent and disruptor in Total Rewards? Want to join a new-age HR consulting firm where your expertise will help organizations reimagine their Employee Rewards & Performance Management and drive organizational success?

What will you do?

We are seeking a highly skilled and experienced Rewards professional to join our Rewards and Performance Management Consulting firm, TalentMonk. As a consultant, you will be responsible for assisting clients in developing and implementing effective total rewards and performance management strategies.

Key Responsibilities:

1. Client Engagement: Collaborate with clients to understand their unique needs, challenges, and goals related to rewards and performance management. Conduct comprehensive assessments of their current practices, policies, and programs.

2. Strategy Development: Develop tailored rewards and performance management strategies that align with the client’s objectives and industry best practices. Design and implement innovative and sustainable solutions to improve employee motivation, engagement, and productivity.

3. Compensation and Benefits Analysis: Conduct thorough analyses of clients’ compensation and benefits structures to ensure market competitiveness and equity. Provide recommendations for adjustments and improvements, taking into consideration industry benchmarks, legal compliance, and budgetary constraints.

4. Data Analysis: Utilize data analytics and reporting tools to evaluate the effectiveness of rewards and performance programs. Identify trends, patterns, and areas for improvement, and provide actionable insights to clients.

5. Performance Management: Design and implement performance management frameworks, including goal-setting processes, performance evaluations, and feedback mechanisms. Advise clients on effective performance measurement methodologies, performance improvement plans, and talent development initiatives.

6. Change Management: Support clients in navigating organizational change related to rewards and performance management initiatives. Develop change management strategies, communications plans, and training materials to ensure successful adoption and implementation.

7. Thought Leadership: Stay abreast of industry trends, emerging practices, and regulatory changes related to rewards and performance management. Contribute to the development of thought leadership content, including white papers, articles, and presentations, to enhance the firm’s reputation and expertise.

You will be a great fit if you have:

1. Master’s degree in human resources, business administration, organizational psychology, or a related field. Professional certifications in rewards management, performance management, or related areas are a plus.

2. Proven experience as a rewards and performance management consultant or in a similar role, preferably within a consulting firm.

3. Strong knowledge of compensation and benefits strategies, performance management frameworks, and incentive program design.

4. Familiarity with relevant regulations, laws, and industry standards related to rewards and performance management.

5. Exceptional analytical skills, with the ability to interpret complex data and provide actionable insights.

6. Excellent communication and presentation skills, with the ability to articulate and simplify complex concepts to diverse stakeholders.

7. Strong project management capabilities, with the ability to manage multiple client engagements simultaneously.

8. Demonstrated problem-solving and decision-making abilities, with a proactive and client-focused approach.

Why should you join us?

Join our dynamic and tight-knit team where your ideas and skills matter! You will have the best-in-class learning and delivery experience that will make a significant impact on an organisation’s success by optimizing its rewards and performance management strategies.

If this sounds like your kind of gig, send us your resume and a cover letter at connect@talentmonk.com. Make sure to mention ” Rewards Consultant ” in the subject line. We are excited to hear from you!

Annexure

Your scope of work would include, but not be limited to, the following TalentMonk essential services. We are experimenting, expanding, and growing in India, and APAC, and our services will be fine-tuned with a client-centric philosophy as a guiding principle.

1. Running Perf and Rewards Office: Managing annual appraisal cycles, and consistent stakeholder management. Building Rewards and Performance Culture. Work towards employer of choice. Internal Rewards education. Manpower planning & Budget Management

2. Total Rewards Strategy: Determination of Pay philosophy, competitive market positioning, pay mix, rectification requirements, and road maps.

3. Benefits, Bonus & Incentive Strategy, Design & Implementation: Market benchmarking, gap analysis, policy formalization, budget analysis & projection, program rollouts and efficiency reporting

4. Long-term Incentives / ESOPs Management: Design of LTI vehicles i.e. ESOPs, RSUs, Performance grants, Benchmarking of practices, determination of Pool and Plan. Implementation and management of LTI programs

5. Executive Compensation and Board Governance: Pay management for the C-Suite, CEOs & Founders. Board and Compensation Committee Management

6. One-time Projects: Pre-Post Merger Integration of People / Mergers and Acquisitions, IPO Readiness. Establishing HR practices in India and international locations.

7. Work with Knowledge Partners: Help companies determine study scope for Job Evaluation and market benchmarking of salaries, benefits, and practices. Determine best-fit consultants and vendors. Execute study findings till the last mile.

8. Launching & managing curated performance management programs & Its linkage to rewards: Launching goals / OKRs, feedback, review& PIP process, rating mechanism, 360* feedback and linking perf to rewards.

About the job

Hey there! Want to join a new-age HR consulting firm that helps organisations reimagine their Employee Rewards & Performance?

What will you do?

We are on the lookout for a rockstar HR/Total Rewards Data Analyst to join our high-growth team! Your main gig will be to dig into data, crunch numbers, and make sure our solutions are spot-on. Your key responsibilities will be to:

A) conduct data analysis providing critical insights for the tailored client solutions

b) Lead data modelling, forecasting, budgeting, etc.

c) research industry trends and benchmarks.

You will be a great fit if you have:

a) bachelors degree with 4-5 years of experience in data analysis and reporting

b) excellent knowledge of MS Excel or Google Sheets

c) fair understanding of compensation and benefits, total rewards, and performance management concepts

d) Do not accept GOOD as a status & challenge the status quo.

e) Provide a solution-oriented mindset with a keen attention to details

f) Can handle confidential information

Why should you join us?

· Be part of a tight-knit team where your ideas and skills really matter!

· Dive into the world of Total Rewards and HR analytics. It is an opportunity to level up your skills, work on cool projects, and pick up new tricks from smart folks.

· Expect a friendly vibe, a collaborative work environment

· We are big on supporting your growth and well-being. From flexible hours to learning opportunities, we have your back.

· Be a part of a high-growth company where you will have a white canvas to innovate and experiment with data.

If this sounds like your kind of opportunity, send us your resume and a cover letter at connect@talentmonk.com. Make sure to mention the HR Data Analyst Application in the subject line. We are excited to hear from you!