Rewards Specialist
NXP
Bangalore
6d ago

NXP Semiconductors N.V. enables secure connections for a smarter world, advancing solutions that make lives easier, better, and safer.

As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the automotive, industrial & IoT, mobile, and communication infrastructure markets.

Built on more than 60 years of combined experience and expertise, the company has approximately 30,000 employees in more than 30 countries and posted revenue of $9.41 billion in 2018.

Job Title : India Rewards Specialist

Location : Noida, India

Direct report Head C&B India

Dotted line report Head India Country HR

Department Description

India Rewards, Human Resources responsible for India compensation & benefits strategies and operations

Scope of Responsibilities / Expectations

The job holder will be an Individual Contributor working with the India Rewards Head and helping to managing and providing total Rewards solutions to business organization in India

  • Monitor market trend / government regulations on pay and benefits, and highlight need for appropriate policy / program changes;
  • Drive implementation and communicate to employees on new or revised compensation and benefits programs
  • Operate as a consultant with the HR team and Managers
  • Help to manage rewards programs & processes for India, including but not limited to market survey participation, annual insurance renewal for medical / life / pa insurance and benefits vendor management
  • Work on salary benchmarking and market data analysis to ensure internal and external equity
  • Help to design and deliver Rewards training / communication package to all levels in the corporation;
  • Provides support in Country HR / Rewards projects and participates into regional / global HR / Rewards activities along with the Country Rewards
  • Prepare detailed analysis and reports such as compensation analysis info, annual benefits cost, organization and flow charts and career pathway reports for management’s review
  • Specific Knowledge / Skills

  • University degree in human resources, MIS, business, management or related areas; A MBA will be an added advantage (Bachelor degree in HR / Management / Sc)
  • 3-6 years of C&B experience in a multinational company, semiconductor industry experience preferred, or a consulting company with excellent knowledge of local laws
  • Possess knowledge in C&B areas like market pricing, C&B systems and / or process development, job evaluation, pay planning, benefits program design & administration
  • Possess excellent communication skills and effectively interacts at all levels
  • Should be able to work without ambiguity, be independent and willing to take initiatives, challenges and responsibilities;
  • Advanced analytical skills;
  • Fluent in written and spoken English
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