Position: - Jersey Shore Association for Human …
Job Description: Senior Director - Rewards, Performance & Productivity COE (North America)
Role Positioning
The position is a senior HR leadership position, responsible for leading the COE - Rewards, Performance Management and Productivity for North America, reporting directly to the Vice President & Head of Global Rewards, Performance & Productivity of Sun Pharma and its subsidiary companies and reporting dotted line to Group VP, Human Resources, North America.
Job Purpose:
Responsible for implementing a Total Rewards, Performance & Productivity Framework & Philosophy, incorporating best industry practices to support corporate strategy across North America. He/ she shall also review and streamline benefits practices/ incentive schemes and implement global innovative recognition programs. The jobholder will also drive the job evaluation system and performance management system for North America.
Key Responsibilities:
Total Rewards Focused:
• Ensure competitiveness of Reward programs: comprehensive compensation, benefits, incentives and LTI benchmarking and alignment of compensation structures. Evolve innovative, cost effective reward and incentive programs, which are relevant to North America’s business needs and complexities.
• Drive the Salary review process in North America. Compensation and benefits benchmarking, assigning salary budgets/ pay ranges and managing rewards execution.
• Design, implement and administer the company's health/welfare and 401(k) benefit programs and ensure that the company is in compliance with all compensation and benefits laws and regulations.
• Develop and implement innovative recognition programs to enhance motivation and productivity of employees.
• Be responsible for the Job Evaluation framework (Grading) for North America
• Manage and negotiate with brokers and third party solution providers.
• Collaborate with HR Business Partners and Business leaders to understand their issues related to compensation and benefits.
• Provide education and counsel to HR Business Partners, Line Managers, and Talent Acquisition regarding compensation issues, evaluating new positions, job bands, grade levels, job descriptions, promotions and transfers.
• Develop and sustain total rewards communication initiatives.
• Reinforce a performance culture with differentiated rewards.
• Support M & A activities as they relate to benefits and compensation.
• Build and sustain collaborative relationships at multiple levels in the company. Work through conflict to achieve resolution. Build trust by including others and by keeping the cross-functional teams focused on the success of the entire company.
• Understand the complexity of business. Embrace cultural and individual differences with empathy.
Performance management And Productivity Focused:
• Implement the new performance management approach for North America. Establish processes and practices of setting, measuring and reviewing objectives and goals at Organization level and individual level.
• Establish a continuous performance and quality improvement effort with the help of a robust monitoring and reporting system. Regularly report the status of performance improvement efforts and impacts.
• Implement strategic workforce planning across North America and dovetail it with the Annual Budgeting and Strategic Planning cycle.
• Benchmark and define productivity KPIS and measures for people and teams across the North America organization.
Requirements:
• Bachelor's Degree required. MBA or MSA preferred.
• 10-15 years of relevant Human Resources experience, with a minimum of 5-8 years in total rewards/ Performance Management.
• Proven ability to gauge effectiveness of the organization's compensation and benefits programs and translate data into solutions to continually improve programs and practices.
• Demonstrated experience in compensation plan design and implementation.
• In depth functional knowledge of contemporary and best HR practices and processes in the area of performance and reward management
• A creative approach to problem solving, with a humble, team oriented and optimistic attitude.
• Ability to think globally, strategically, and objectively. Effectively translates data into actionable insights, strategies and financial plans.
• Leadership skills balanced with a willingness to play a 'hands-on' role with key projects.
• Ability to effectively translate complex information into clear and effective messages.
• Communicates clearly and effectively with associates at all levels.
• Strong verbal and written presentation skills including the ability to communicate complex ideas in a simple way and to tailor key messages and presentation style to multiple audiences.
• Goal oriented and possesses the ability to prioritize on a consistent basis in an ever-changing environment.
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