Shruti Sood
Compensation And Rewards
Gurgaon
Summary
Enthusiastic Leader willing to work in the area of Human Resource Management with a reputed organization that believes in rewarding talent and provides an environment conducive for work, growth and learning. Dynamic & result-oriented HR professional with 20+ years of rich & extensive experience in managing and leading various HR functions with a core specialization in Compensation & Benefits Management, HR Operations and HR Technology transformation. Adept at leading and managing Talent Retention and Performance Management Areas of Expertise Compensation & Benefits HR Operations, Policies and Processes Employee Retention and Engagement Change Management and Communication Performance Management HR Analytics
Overview
25
25
years of professional experience
Work History
Director
Wipro Ltd
Gurgaon
11.2019 - Current
- Total rewards and compensation leader. Leads Compensation for India, Bangladesh and Africa region. Technology and Operations businesses.
- My role involves overseeing and managing strategic projects related to employees compensation and benefits.
- Total Rewards Strategy: Manages and leads a comprehensive and competitive total rewards strategy that aligns with the organization's overall goals and values
- Executive Compensation: Designing executive compensation packages that attract and retain top talent while aligning with corporate performance and shareholder interests.
- Compensation Analysis and Benchmarking: Conducts and manages regular analysis of compensation data to ensure competitiveness within the industry and comparing the organization's compensation packages against market benchmarks.
- Benefits Optimization: Reviews and optimises the organization's benefits programs to ensure they meet the diverse needs of employees while managing costs effectively.
- Incentive and Bonus Programs: Creates and drives performance-based incentive and bonus programs that drive employee engagement and support business objectives.
- Equity and Pay Fairness: Ensures pay equity and fairness across the organization by conducting pay audits and addressing any disparities.
- Merger and Acquisition Integration: Manages and leads compensation and benefits integration during mergers and acquisitions to ensure a smooth transition for employees.
- Compliance and Legal Matters: Ensures relevant labor laws and regulations related to compensation and benefits, and ensuring the organization's practices are compliant.
- Employee Communication: Develops clear and transparent communication strategies to educate employees about compensation and benefits programs.
- HR Analytics: data and analytics to make informed decisions and measure the effectiveness of compensation and benefits initiatives.
- Collaborates closely with HR leaders, executives, and other stakeholders to support the organization's overall talent management strategy.
Head HR
Wipro HR Services, Formerly Alight Solutions, Aon
Gurgaon
10.2018 - 10.2019
- Heading a team of HR professionals- providing HR support for an employee base of 9000+ across various locations in India
- Strategic advisor to the Business Leaders on Talent Management, Organization design, Employee
- Relations, Policies and Retention Programs
- Responsible for Change management programs with a specific focus on organization culture and
- Employee engagement
- Ensuring robust HR operations, processes and systems
- Leading Performance and Pay framework for the organization
- Ensuring compliance with all legal and statutory requirements
Director – HR
Alight Solutions
04.2015 - 09.2018
- Gurgaon (Aon Hewitt)
- Mergers & Acquisition
- Leading the HR team on due diligence and integration activities from the People aspect for various transactions
- Actively lead the Compensation & Benefits/Policy harmonization, communication and change management at various stages of transaction
- HR Business Partner – Shared Services & Cloud Deployment Services (APAC)
- Leading a team of HR professionals to provide Business HR support on Talent Management Strategies on Hiring, Employee Relations, Employee Benefits, Compensation, Policies and Retention across APAC
- Achievements
- Have been instrumental in the past divestitures of Aon in the space of business process outsourcing
- Was actively leading the recent acquisition of Alight by Wipro
- Have partnered with business to set up operations across APAC in a short span of 6 months
Director
Aon Hewitt
Gurgaon
08.2012 - 09.2018
- Act as a trusted advisor on Rewards to regional Business Leaders and HR Business partners in APAC
- Focus on building and implementing Reward and Benefits Programs for various Business Segments across the region
- Sensitivity: Internal & Restricted
- Keep up to date with market practice and use the market analysis for shaping the reward strategy in
- India and Asia Pacific
- Lead the communication and education of Reward strategy and Benefit programs
- Responsible for Job evaluation and aligning roles in the overall career framework
- Achievements
- Designed a consistent Pay structure across different business segments and geographies
- Automated Performance and Compensation Management
- Designed a Long-Range Incentive Plan for Critical Talent
- Lead a structured Wellbeing agenda
Sr Manager/Group Manager
Rewards / Hewitt Associates
Gurgaon
01.2007 - 07.2012
- Set up the Total Rewards Function both for Operations and Technology arm of the organization
- Responsible for Job evaluation and creating a band/level structure as per market practice
- Devising a Compensation strategy aligning to the organization stage of maturity and the external factors
- Creating the Benefits structure and Policies; managing the Benefits administration
- Lead the Shared Services for various tool/technology deployment
Manager
IDBI Bank
Mumbai
03.2002 - 01.2007
- Annual Compensation Review and Implementation– Increments and Incentives
- Benefits Administration and Management
- Rewards and Recognition Schemes
- Compensation and Benefits Benchmarking Surveys
- Policy formulation and implementation
- ESOP Management
- Retiral Trust Management - PF/SA/Gratuity
- Responsible for Payroll & Taxation, Salary Audits
Asst. Manager
Staffing Solutions
New Delhi
09.1999 - 03.2002
- Retirement plan management
- Payroll Processing
- Financial accounting & reconciliation of Retirement and Employment Benefit Schemes of US companies
- Allocation of gains/benefits according to US Laws
- Filing of Tax Returns for the Retirement Plan
- Sensitivity: Internal & Restricted
Education
PGDBA - undefined
ICFAI Business School
New, DelhiB. Com (Hons) - undefined
Jesus & Mary College, Delhi University
CBSE – 12th - undefined
Delhi Public School
Diploma - Business Finance
Institute of Chartered Financial Analysts
of India
Skills
Negotiation
Additional Information
- Activities & Interests Travelling Reading Physical Fitness
Timeline
Director
Wipro Ltd
11.2019 - Current
Head HR
Wipro HR Services, Formerly Alight Solutions, Aon
10.2018 - 10.2019
Director – HR
Alight Solutions
04.2015 - 09.2018
Director
Aon Hewitt
08.2012 - 09.2018
Sr Manager/Group Manager
Rewards / Hewitt Associates
01.2007 - 07.2012
Manager
IDBI Bank
03.2002 - 01.2007
Asst. Manager
Staffing Solutions
09.1999 - 03.2002
PGDBA - undefined
ICFAI Business School
B. Com (Hons) - undefined
Jesus & Mary College, Delhi University
CBSE – 12th - undefined
Delhi Public School
Diploma - Business Finance
Institute of Chartered Financial Analysts
of India
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