Senior Specialist, Reward
- Hiring from
- India
- Work type
- Hybrid
- Posted
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Every year, we help hundreds of thousands of people find rewarding jobs in the ever-changing world of work.
We understand the importance of a job in peoples lifes and we want to help them find work that feels good. And we’ll help them continue to grow as their needs and ambitions change.
At Randstad, our value comes from our people and that is why we put them first. We are proud of our learning culture and career architecture framework that encourages ours team to develop both personally and professionally.
We believe that talent grows when presented with opportunity and this is why we encourage our people to think beyond their role. We have created a culture that enables talent to flourish, encouraging entrepreneurship, fostering team spirit, and continually building mutual trust.
Compensation & Benefits Administration
- Assist in the administration of salary structures, bonus schemes, and employee benefits programs.
- Manage the data collection and analysis for salary benchmarking, ensuring the organization remains competitive within the market.
- Support annual salary reviews, bonus allocations, and incentive program processes.
- Prepare and present market data insights to HR leaders and management to inform decision-making on pay and benefits.
Data Analysis & Reporting
- Analyze compensation and benefits data to provide insights into pay equity, trends, and areas for improvement.
- Develop and maintain reports and dashboards on compensation and benefits metrics, ensuring data accuracy.
- Support the preparation of compensation-related communication materials for managers and employees.
- Support the team by maintaining/updating the Reward policy documents.
- Support the team by maintaining/updating the Reward intranet page.
- Reward data management in our HRIS.
- Running reports out of the HRIS for several purposes (e.g. Non-Financial KPIs, Salary Review, etc.)
- Create/maintain supporting material for managers / HR team members with regards to (new) processes.
- Policy & Process Support
- Assist with the development and implementation of compensation policies and processes.
- Ensure compliance with local and international legal regulations, such as tax and labor laws, related to compensation and benefits.
Employee Support & Communication- Provide guidance to employees and managers regarding compensation policies, benefit options, and reward-related queries.
- Act as a liaison for employees on reward-related matters, addressing concerns and helping clarify policy details.
Project Support- Support special compensation and benefits projects, such as implementing new reward programs or upgrading HRIS systems.
- Assist with global mobility and relocation processes when required.
Yearly/recurring processes- Work on yearly Rewards processes: Salary Review and Bonus.
- Monitor progress of the yearly processes.
- Make sure everyone has the correct bonus scheme, bonus percentage and bonus letter (incl. role changes and new joiners).
- Be the first point of contact when questions come in through the ticketing system.
Stakeholder management
Work closely with the HR Data team to ensure correct Reward data of our employees. This data will be used for the yearly processes and therefore it’s crucial that it’s accurate.
- Work closely with the finance team to ensure close alignment between HR and Finance data and to ensure bonus schemes are accurately tracked, and payments are made correctly and on time
- Communicate clearly to different stakeholder groups what is expected from them (e.g. to managers / leaders, all employees, HRBPs, etc.)
- Chase different stakeholder groups when required
Is this the job for you? We would love to hear from you! Please apply directly to the role and we will get in touch with you.
In the accelerating world of work, we offer unparalleled opportunities. Staffing, recruitment, selection, business development, HR, IT, marketing & communications, legal or finance - wherever your talent takes you, you'll find the perfect match in a job at Randstad.
our core values.
To know. To serve. To trust. Striving for perfection. Simultaneous promotion of all interests. Our core values, established in the company's early days, guide our behavior and represent the foundation of our culture.
reward & recognition.
At Randstad, we aim to provide our employees with meaningful rewards and fair remuneration in order to strengthen their ties with the company, while encouraging outperformance. Remuneration is based on real outcomes also taking external market developments into account. We also encourage our employees to participate in Randstad's success via our employee Share Purchase Plan.
equity at randstad.
Randstad is a champion of equity around the world. We believe this helps us build a more agile, productive, and innovative workforce that reflects our talent and client base, and the society in which we work.
career advancement.
We believe in our employees and their ability to become leaders. We provide ample opportunities for employees to further develop their leadership skills, to acquire and build a global mindset, and to effectively manage and leverage cultural differences.