HR Specialist - Rewards & Performance Management

Long Description

Job Summary

The HR Specialist - Rewards & Performance Management, plays a critical role in executing key rewards and performance initiatives, including variable compensation, benefits administration, and performance appraisal processes. This role requires deep functional expertise and strong collaboration skills to drive operational excellence and contribute to a high-performing and engaged workforce.

Job Responsibilities

1.    Variable Compensation Programs:
•    Support the design, implementation, and administration of variable compensation structures, including bonus and incentive plans, ensuring alignment with organizational objectives.
•    Coordinate with Finance and HR Operations to ensure accurate calculation and timely communication of variable pay outcomes.
•    Provide insights and recommendations to improve program efficiency and employee understanding of variable compensation structures.
2.    Performance Management Execution:
•    Drive the end-to-end coordination of the performance appraisal cycle, ensuring timely completion and adherence to organizational standards.
•    Conduct training and provide support to managers and employees on performance management tools and frameworks.
•    Analyze performance data and trends, preparing reports and insights to inform calibration sessions and leadership decisions.
3.    Performance Calibration Sessions:
•    Organize and support calibration meetings, ensuring consistent application of evaluation standards across teams and departments.
•    Prepare pre- and post-calibration data, highlighting key trends and insights for further action by leadership.
4.    Benefits Program Administration:
•    Manage the day-to-day administration of employee benefits, including enrollment, claims processing, and employee communications.
•    Act as the primary point of contact for benefits inquiries, ensuring accurate and timely resolution of employee issues.
•    Monitor and evaluate the effectiveness of benefits programs, providing feedback and recommendations for improvement.
5.    Recognition Program Support:
•    Collaborate with the Senior HR Manager to design and implement recognition programs that align with organizational culture and values.
•    Oversee program logistics, including communications, nominations, and event coordination, to ensure successful execution.
6.    Data Management & Reporting:
•    Maintain and update accurate records of rewards and performance data in HR systems, ensuring integrity and compliance.
•    Generate detailed reports and analytics to evaluate program performance and identify opportunities for improvement.
7.    Policy Implementation & Governance:
•    Support the roll-out and communication of policies related to rewards and performance management, ensuring alignment with organizational objectives.
•    Actively monitor compliance with company policies and regulatory requirements in all rewards and performance-related activities.
 

Candidate Requirements

Education and Experience:
•    Bachelor's degree in Human Resources, Business Administration, or a related field.
•    5 to 7 years of relevant experience in HR or any analytical discipline
Technical Skills:
•    Strong understanding of variable compensation frameworks and performance management processes.
•    Proficiency in data analysis and reporting tools, with expertise in MS Excel.
•    Knowledge of labor laws and regulatory requirements related to compensation.
Interpersonal Skills:
•    Excellent communication and interpersonal skills, with the ability to interact effectively across hierarchical levels.
•    Strong analytical and problem-solving abilities.
•    High level of integrity and professionalism.
Other Competencies:
•    Detail-oriented with strong organizational skills.
•    Ability to handle confidential information with discretion.
•    Collaborative approach with the ability to work effectively in a team environment.

Education