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    Job · 16483705

    Caterpillar Inc logo

    Senior Manager of Total Rewards

    Caterpillar Inc · Bengaluru · onsite · Posted 44d ago

    Not disclosed15–24 yrsfulltimeSourced fromFoundit

    About a minute. You'll make an account on the way through.

    About this role

    Role Definition

    The Senior Manager of Total Rewards with responsibility for Global COE provides Total Rewards services to internal global customers for Annual Compensation Planning, Global Survey Submissions process, Competitive Compensation Studies, Workday related Compensation practices. The role acts as the functional expert in Compensation and manages a team of Total Rewards Partners and Senior Partners. The role also seeks to leverage digital tools to drive efficiencies, define and develop standardization in our processes across the globe to drive in consistent practices and ensure homogeneous communication and stakeholder management. The role manages and leads projects and solves complex Total Reward challenges.

    What You Will Do:

    • Ensure the Compensation Competitiveness enhance our ability to recruit and retain employees
    • Review existing programs, propose modification to existing programs or design of new programs to ensure the achievement of a competitive market position aligned with our business and talent objectives
    • Lead the design and implementation of Annual Compensation Planning including project management, communication, change management and vendor management
    • Lead relationships with Consultants like Mercer, Aon, WTW and govern contract negotiations, service metrics and ensures timely deliverables
    • Collaborate with regional stakeholders, global process owners, e.g. job Evaluation to implement and govern standard practices
    • Lead global Total Reward practices and continually drive efficiencies in line with business needs
    • Lead Annual Compensation budgeting process and work with internal teams like accounting driving timely submissions
    • Lead collaboration with technology partners like PayScale to drive tool usage both by COE and regional teams, and own governance and compliance requirements
    • Support/Lead special compensation related studies

    What You Have:

    • Compensation Management: Knowledge of compensation structure, and regulations and policies related to compensation; ability to design, implement and evaluate compensation programs, policies and processes within an organization. Knowledge of varied practices among consultants and ability to converge and compare in line with the internal needs
    • Analytical Thinking: Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems.
    • Influencing: Knowledge of effective influencing tactics and strategies; ability to impact decisions within and outside own organization.
    • Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.
    • Program Management: Knowledge of the policies and techniques to manage a set of related projects within a program; ability to plan, organize, monitor, and control the set of projects, ensuring efficient utilization of technical and administrative resources to achieve program objectives.
    • Interpersonal Relationships: Knowledge of the techniques and the ability to work with a variety of individuals and groups in a constructive and collaborative manner.
    • Bachelors degree or equivalent experience desired.

    Additional Information:

    • Preferred location: Bangalore, India. Remote work is not acceptable.
    • Work across time zones.
    • Travel: 10%
    • Domestic Relocation is available for this role

    Sourced from foundit

    Skills

    Compensation Management

    About Caterpillar Inc

    Caterpillar Inc logo

    Caterpillar Inc

    Industrial Machinery

    7.3k+

    employees

    1925

    101 years old

    Bangalore / Bengaluru, Karnataka

    India

    ₹14L PA avg

    Avg at Caterpillar Inc

    About

    Caterpillar Inc is a global leader in manufacturing construction and mining equipment, engines, and turbines, addressing industry needs for efficient, sustainable solutions.

    Industries

    Industrial MachineryEngineering & Construction

    Employee ratings

    10 reviews

    4.1/ 5

    Culture

    3.7

    Career growth

    3.1

    Work-life

    3.6

    Employees rate it well for

    Company Culture41Work-Life Balance41

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