
Dynamic HR leader with extensive experience at Siemens Energy India Ltd., specializing in reward strategy and design. Proven track record in salary benchmarking and compliance management, driving competitive compensation programs. Adept at stakeholder management and leveraging HR technology to enhance employee benefits, fostering a culture of performance and engagement.
Leading the Total Rewards function for Siemens Energy India Ltd. with an employee base
of ~5,000 and growing
Work closely with senior management to define total rewards plans for their various Business Verticals with strong link to performance and alignment with business needs.
Ensure that Compensation and Benefits programs are competitive, sustainable, scalable, and linked to
Organizational philosophy.
Compensation Planning & execution
* Design, Plan and execute the annual merit (increment) cycle in line with business objectives, market dynamics.
* Design and implement short term incentive plans for LoBs, ensuring that they are designed to drive employee performance.
* Deployment of the Annual Performance Bonus for all the Business verticals.
* Design, deploy and communicate Long Term Incentive Plans including ESOPs – administration, vesting schedules, and taxation globally.
* Compensation structure alignments
* Executive Compensation - benchmarking, design, pay mix.
* Tailor made performance and retention plan design for niche BUs, roles and countries.
Benchmarking
* Effectively benchmark compensation practices/offerings to remain competitive as well as legally compliant.
* Partner with HR consulting companies for market insights on compensation & benefits trends via surveys, forums and literature
* Create pay ranges in line with market movement and internal business nuances.
Career Architecture, Job Designing, Integration & Harmonization
* Responsible for creating and rolling out the job architecture framework for new geographies & new businesses.
* Compensation and benefit plan harmonization and rollout
Business Partnership
* Executive hiring and compensation design
* New role /job family pricing
* Integration and Harmonization of acquired, merged companies, business units, BoTs, rebadging.
* Providing inputs with respect to new roles being priced to the client.
* Business reporting in terms of positioning of existing employees as well as fitment of new hires in the pay range
HR Policies & Compliance
* Design HR policies framework aligned with business needs and compliant with legal regulations.
* Review HR policies and processes on regular basis to identify areas of improvement, with respect to efficiencies.
* Publish regular dashboards on policy as well as process compliance to identify areas of concern and work with
* HR and business partners to design action plans
Analysis & Reporting
* Direct and manage the analysis of HR data and metrics on a regular basis, including internal and external comp equity analysis as
well as cost and budget analysis, to provide relevant information to HR and business leadership.
* Cost modelling for new/ revised compensation as well as benefits programs to support business decision making.
Statutory compliance management
* Administer and manage statutory and regulatory compliances like PF, ESI, Gratuity, New Labour code
Benefits Design and Administration
* Benchmark organization benefits against the market to identify areas of opportunity, not only in terms of aligning with the industry,
but staying ahead of the curve
* Analyze, design, and implement benefit programs on an enterprise-wide basis.
* Administer benefits programs, including group insurance plans, flexible benefits, etc., statutory benefits and compliance.
HR Systems & Automation
* Implemented and rollout of HRMS (Workday) and Payroll Alldigi
* Automation of compensation structures and allowances
* Implementation of Ai incl Chatbots to handle L1 queries in both C&B
· Governance and Controlling of all local and global policies related to Incentives and Rewards
· Responsible for Target Setting of Senior Managers of all Siemens entities
· Drive Target Setting for Non Senior Managers - PAN India for SL, STSPL and SFSPL, SLIPL,SPPAPL and Bangaldesh
· Drive Equity related schemes for all Siemens entities in India
· Responsible for designing and execution of Incentive Policies for Sales, Non-sales, PM and Manufacturing
· Responsible for leading the Equity Based scheme for all entities of Siemens in India (LTI,SMP,MIP ,SPS and CEO stock Awards in India
· Part of employee awareness program : GRIP Implementation – Experiential Awards
· Employee Communication for C&B related matters
· Responsible for Managing Siemens Ltd Benefits Trust (PF, Grauity and Superannuation).
· Responsible for Process improvement in Social Benefits area
· Responsible for monthly compliance related to PF and Superannuation Trust for SL, STSPL, SHPL and SWPPL
· Monitoring and controlling administration process of Trust along with GBS
· Ensuring Annual Audits and closure of Auditors remarks
· Monitoring Vendor Process Management ( PF / EPS Transfer in, Transfer out and EPS settlements)
· Providing consultancy to business related Social Benefits
· Plan and Execute Social Benefits related processes in M&A environment
· Monitoring and strict compliance of Govt. policies and guidelines related to Employee Social Benefits
· Employee Communication
· Handled Equity Based Compensation – for Senior level emp.
· Responsible for Payroll SISL ( approx 7000) emp
· Harmonization of Comp. structure - Merger & Acquisition environment
· HR process outsourcing
· Change Management in SAP HR
· Company wide Objective Setting – Policies and guidelines
· Benchmarking position and Compensation Surveys
· Policies and guidelines related to Employee Benefits
· Participation in Industry Surveys and Forums
· Single handedly represented Siemens Ltd and Siemens Information Systems Ltd. for 5 modules of SAP being implemented – Personnel Administration, Organizational Management, Training and Event Management, Payroll and Time Management
· Gathering information and Developing “As-Is” and “To be” process document
· HR Process re-engineering along with SAP Consultants
· Data collection, data Mapping and migration
· Testing HR processes and reports
· End- User Training and User manual documentation
· Ensuring timely “Go-live”
Responsibilities included:
· Manpower Planning/Budgeting and Recruitment for all levels
· Compensation Survey and Review
· Coordinating Performance Appraisals
· Attrition Management
· MIS
· Coordinating Campus Interview
· Database Management
· Appreciation / Reward Management
· Creation and maintenance of the Human Resource Intranet site
· Co-coordinating with SAP Technical Team for Development of the System and upload of all India data
· Policy research, analysis (MIS), documentation
· Process definition and improvements for all Human Resource Activities
· Participating in Surveys and Analyzing results
Analytical Skills
Reward Strategy & Design ,Salary Benchmarking & Market Analysis
HR Policies and Process Design and implementation
Salary Structure Design
Statutory & Compliance Knowledge
HR Systems & Technology Knowledge (SAP HR / SAP SuccessFactors, Workday, HRIS Management,Payroll Systems)
Employee Benefits Expertise ( Medical Insurance, Term Life, Meal Cards, Car Lease, Wellness and Retirement Benefits, EAP
Stakeholder Management
· SHRM Award for Excellence in L&D
· InspireOne: Winner of The Excellence in L&D Award
· Economic Times : Golden award for Excellence in Creating a Culture of Continuous Learning and Upskilling
· Most Promising Beginners Award in P&O offsite : Digital Learning for Blue Collars
· Global Recognition for Digi Access Project
· Recognition for DI Shakti Career transformation program
Certified Reward and Recognition Professional through AON