Summary
Overview
Work History
Education
Skills
Timeline
Generic

Rahul Menon Konatt

Dubai,

Summary

Results-driven Compensation and Benefits expert with around 15 years of experience in designing and implementing global and country-specific rewards programs. Adept at managing compliance, conducting salary benchmarking, and leading strategic initiatives, including mergers and acquisitions (M&A) integrations. Proven ability to align compensation strategies with organizational goals and drive employee engagement while ensuring regulatory compliance. Skilled in job evaluation frameworks, salary surveys, and creating scalable solutions for total rewards management.

Overview

15
15
years of professional experience

Work History

Manager- Global Compensation

Circor International Inc
10.2021 - Current

Annual Merit Review

  • Plan and coordinate the annual merit review process, including timeline creation, guideline development, and communication planning.
  • Conduct comprehensive data analysis to evaluate performance ratings and their correlation with market data and internal equity.
  • Collaborate with HR business partners and management to provide data-driven compensation recommendations aligned with organizational strategy and budget.
  • Manage the merit review process within the HRIS (SAP – Success Factors), ensuring accuracy and timeliness of data input.
  • Develop and deliver training sessions for managers on merit review tools and best practices.
  • Implement continuous improvements based on post-review analysis and stakeholder feedback.
  • Partner with finance and payroll to ensure the seamless execution of merit adjustments.


External Vendor and internal stakeholder management

  • Conduct comprehensive salary surveys and analyze industry trends to provide data-driven recommendations on compensation structures for multiple locations in accordance with local laws.
  • Assist Global Total Reward in managing relationships with Survey providers (WTW), including contract renewals and addressing any concerns during survey participation.
  • Encourage and support regions in participating in surveys.
  • Handle invoice reconciliation and management related to external vendors.


Compliance

  • Ensure compliance with all relevant labor laws and regulations.
  • Monitor changes in legislation and update programs and policies accordingly.
  • Conduct internal audits to identify and mitigate risks related to compensation.
  • Collaborate with cross-functional teams to ensure data integrity and accuracy in HRIS systems.


Total Reward Other Activities

  • Maintain the job leveling structure and ensure its up-to-date accuracy.
  • Oversee the sales incentives and short-term incentive management process to ensure timely and performance-aligned payments.
  • Support the development of ad hoc leadership reports and analysis, including year-end reviews and pay equity analysis.

Assistant Manager - Total Rewards

EY (Ernst & Young)
03.2015 - 10.2021
  • Coordinate annual Salary review and Bonus process for Middle East & North African Countries (MENA)
  • Overseeing all aspects of Compensation planning and Budgeting
  • Support salary benchmarking process based on Market Intelligence through various consulting vendors
  • Provide Market based Compensation guidelines
  • Ensure existing Rewards and Recognition programs are managed optimally and promoted across the company.
  • Acted as a point of contact for employee inquiries and resolve compensation-related issues promptly
  • Ensure Policy compliance with regards to Compensation & Benefits
  • Communicate service line strategy, principle and guidelines for Rewards & Benefits across MENA
  • Collaborate with finance and accounting teams to ensure accurate and timely processing of payroll-related matters.
  • Oversee the administration of employee benefits programs, optimizing cost-efficiency while enhancing employee satisfaction and engagement
  • Administer Total Reward tool

Assistant Manager - HR

Muthoot Fincorp Ltd.
11.2012 - 03.2015
  • Compensation & Benefits
  • Talent Acquisition
  • Learning & Development
  • Performance Management
  • Issue standard letters and correspondence
  • Policy Designing & Formulation
  • System & Process Designing

Officer - HR & Admin

V-Guard Industries Ltd
09.2011 - 11.2012
  • Managing Industrial Relations
  • Compensation review and analysis
  • Performance Management
  • Talent Acquisition
  • Training and Development
  • Coordinate CSR activities
  • General Administration

Jr. Executive - HR

Geojit BNP Paribas Financial Services Ltd.
03.2010 - 09.2011
  • Recruitment
  • Payroll and Statutory Management
  • Employee engagement
  • General operations

Education

MBA - Finance & Human Resources

DC School of Management & Technology

Bachelor of Commerce - Taxation

Chinmaya Vidyapeet

Skills

  • Total Rewards Strategy Design
  • Global Compensation Frameworks
  • Salary Benchmarking
  • M&A Compensation Integration
  • Compliance & Statutory Audits
  • Job Evaluation (Hay Methodology)
  • Benefits Administration & Optimization
  • Employee Engagement & Retention Strategies

Timeline

Manager- Global Compensation

Circor International Inc
10.2021 - Current

Assistant Manager - Total Rewards

EY (Ernst & Young)
03.2015 - 10.2021

Assistant Manager - HR

Muthoot Fincorp Ltd.
11.2012 - 03.2015

Officer - HR & Admin

V-Guard Industries Ltd
09.2011 - 11.2012

Jr. Executive - HR

Geojit BNP Paribas Financial Services Ltd.
03.2010 - 09.2011

MBA - Finance & Human Resources

DC School of Management & Technology

Bachelor of Commerce - Taxation

Chinmaya Vidyapeet
Rahul Menon Konatt