Reward Manager, India

Role Title: Reward Manager, India

Work Location: Mumbai HO

ABOUT UNILEVER

With 3.4 billion people in over 190 countries using our products every day, Unilever is a business that makes a real impact on the world. Work on brands that are loved and improve the lives of our consumers and the communities around us. We are driven by our purpose: to make sustainable living commonplace, and it is our belief that doing business the right way drives superior performance. At the heart of what we do is our people – we believe that when our people work with purpose, we will create a better business and a better world.

At Unilever, your career will be a unique journey, grounded in our inclusive, collaborative, and flexible working environment. We don’t believe in the ‘one size fits all’ approach and instead we will equip you with the tools you need to shape your own future.

FUNCTION INTRODUCTION

Human resource is a strategic function that facilitates effective people management practices. It helps organizations optimize their human capital to achieve their goals and objectives.

JOB PURPOSE:

The Reward Manager plays a crucial role in designing, implementing, and managing the compensation and benefits programs for employees within Unilever South Asia. This role ensures that the company's reward strategies are competitive, aligned with business goals, and compliant with local regulations. 

JOB RESPONSIBILITIES:

KeyAccountabilities:

1) Business partnering on reward strategy and initiatives. 

• Provide primary interface for HRBP and key providers (People Experience HR, country HR, regional HR, and Leadership teams) on all compensation and benefits-related matters. 

• Provide necessary advisory expertise on reward principles for business units and functions, balancing local specifics with global guidelines. 

• Design country reward roadmap and recommend country reward strategy and initiatives. 

2) Benefit Policy formulation, review, and implementation (which includes Pension / Retirement plans) 

• Works closely with procurement and in-house medical consultant on all medical and insurance related benefits 

• Manage execution and on-going policies benefit plans in India (i.e., HUL share plan, Provident Fund) 

3) To conduct and lead market intelligence analysis through salary benchmarking. 

• Manage external provider, i.e., Aon, Mercer, Korn Ferry, etc. 

• Understand organization structure and roles. 

• Conduct accurate job mapping / matching for input in survey data collection. 

• Update / review cost to company overheads. 

• Prepare salary projection template. 

• Prepare and propose new pay scales and salary increase budget ranges. 

4) To advise HRBPs on job evaluation exercise while ensuring internal equity across BUs 

• Role expansion 

• Promotion 

• Organization structure 

5) Complete reward management pay review cycle and reward differentiation. 

• Lead and implement Pay Review process. 

• Ensure data within Annual Pay Review is validated with each business. 

• Working closely with HRBPs and ensure completion of proposals for merit increase, VPA. 

6) Lead NRC governance & approvals related to compensation of key management professionals, senior leadership personnel 

7) Lead and cascade Reward Communications sessions to the employees (periodical reward cascade sessions) and build capability within the team and among HR community through rolling out of Reward programs 

• Reward philosophy. 

• Job Evaluation 

8) To provide the technical expertise in assisting as needed in Global Agile Squad. 

What you’ll need to succeed 

• Individual must be highly organized, have strong communication and relationship building skills, and a good analytical eye for detail. 

• Comfortable and competent working with multiple tools, have strong analytical and good project management skills. 

• High degree of Problem Solving. The Role is often faced with making decisions which must ensure fairness both to business and to individual. Partnering across different businesses under Unilever would require different understanding to provide consistent fair reward treatment, while at the same time be flexible in line with the business environment. 

• High degree of change. The role will drive changes through effective and constant communication to the main stakeholders including the local HR team, global and regional reward team. The incumbent will be required to build in an excellent external reward network and maintained market intelligence. 

• Negotiates and liaises with key external consultants, i.e., Mercer/ Aon, etc. on benchmarking engagement work. 

• Negotiates and liaises with Insurance benefit broker. 

• Negotiates and liaises with Pension Administrator.

 Desirable:

• Strong experience in expertise roles (or) proven experience of partnering senior stakeholders on strategy and business priority agenda. 

• Managing senior stakeholders, internal and external and delivery through others 

• Demonstrated strong organisational awareness and business understanding. 

EXPERIENCES AND QUALIFICATIONS

• Essential Experience – 10+ years of experience

• Educational Qualification- Post Graduate Diploma or equivalent in Personnel Management/ Human Resource Management.

KEY SKILLS REQUIRED Salary Benchmarking, Market insights, Benefit management, Rewards understanding

LEADERSHIP

• You are energized by delivering fantastic results. You are an example to others – both your results and your resilience. You are constantly on the lookout for better ways to do things, engaging and collaborating with others along the way.

• As an individual you are the one responsible for your own wellbeing and delivering high standards of work. You must also focus on the Consumer and what they need. You are humble and have your head up, looking around to interpret evidence and data smartly, spot issues and opportunities to make things better.

Critical SOL (Standards of Leadership) Behaviors

• PERSONAL MASTERY: Sets high standards for themselves. Has emotional intelligence to take feedback, manage mood and motivations, and build empathy for others.

• PASSION FOR HIGH PERFORMANCE: Generates intensity and focus to motivate people to deliver results at speed. Takes personal responsibility and accountability for execution and results.

• TALENT CATALYST: Invests in people – coaches individuals and teams to realize their full potential. Creates an inclusive climate, empowering everyone to be at their best.

• PURPOSE & SERVICE: Has humility, understanding that leadership is service to others, inside and outside Unilever.

• CONSUMER LOVE: Invests time inside and outside to understand the needs of consumers.

• BUSINESS ACUMEN: Creates sustainable growth with purpose, engaging different partners across the system for change.

Our commitment to Equality, Diversity & Inclusion 

Unilever embraces diversity and encourages applicants from all walks of life! This means giving full and fair consideration to all applicants and continuing development of all employees regardless of age, disability, gender reassignment, race, religion or belief, sex, sexual orientation, marriage and civil partnership, and pregnancy and maternity.