Get AmbitionBox App
Faster and better experience!
AmbitionBox
Search
Jobs
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Add office photos
Engaged Employer
i
This company page is being actively managed by
Equiniti Team. If you also belong to the team, you
can get access from
here
Equiniti
Compare
All Filters
126 Equiniti Jobs
Reward Manager
8-10 years
₹ 18 - 23.8348L/yr (AmbitionBox estimate)
This is an estimate of the average salary range for this
position. It has not been reviewed by the company, and
the actual salary may differ.
Chennai, Bangalore / Bengaluru
1 vacancy
Reward Manager
Equiniti
posted 1mon ago
Job Role Insights
Fixed timing
Key skills for the job
Job Description
Management Level
F Job Description
Job Role
Reward Manager
Location
India / Hybrid
Reporting to
Reward Director
Business Unit
Reward / HR
Level
Job Level F
Date
March 2025
Brief Job Summary
Reporting to the Reward Director, the purpose of this role is to drive and deliver a commercial, customer focused, pro-active and solutions focused specialist reward service to the business and colleagues.
The Reward Manager is responsible for identifying, implementing and maintaining reward structures to support the strategic direction of the business. These activities and other project work have a global impact (Equiniti has colleagues located in the UK, USA, India, The Netherlands and South Africa).
You will therefore be responsible for providing expert reward advice, support data and ensuring relevant statutory compliance.
Roles and Responsibilities
- Support the Reward Director in delivering Equiniti s significant Reward agenda, its annual and standard remuneration processes (e.g. Salary Review and Bonus), ensuring they are delivered accurately and within required timeframes. To include the calculation, production and validation of supporting data and the provision of modelling and analysis to aid decision making.
- Continually manage the implementation and ongoing maintenance of the overall organisation design, encompassing job evaluation/benchmarking and grading structures.
- Support the Reward Director in designing, developing and implementing EQ s Reward plan.
- Ensure accurate participation in salary surveys and explore appropriate new surveys for relevant usage.
- Oversee the administration and policy review of India Group Medical Insurance, Life Insurance, Personal Accident Insurance, OPD (Out-patient cover), by liaising with stakeholders including our insurance brokers.
- Working in collaboration with head of engagement, review existing benefits to ensure delivery against wellbeing strategy and recommend proposals to adjust as necessary.
- Oversee policy and administration of India Reward and Recognition by liaising with stakeholders, HR team.
- Oversee the preparation of the annual Gender pay report.
- Continually listening to colleagues and understanding impact of the reward plan for all colleagues.
- Ensure that colleagues are treated fairly and accurately in all our reward processes and that they are clear, easy to follow and well communicated.
- Leverage technology and look for ways to simplify our processes so the team can operate more efficiently (e.g. through Workday).
- Deliver knowledge on the market and competitor remuneration and advise accordingly.
- Lead on the planning and implementation of Reward programmes and projects.
- Maximise the application of compensation tools to support business initiatives/compensation strategies.
- Point of escalation of compensation and benefit related queries and calculations.
- Oversight of the administration and periodic reporting related to EQ s all colleague LTIP.
- Assist the wider Global Reward team with projects, reporting and analysis.
- Scan and keep abreast of emerging Reward trends and practices.
- Lead merger integration analysis and due diligence.
- Oversight of EQs global recognition plans, ensuring value for money and employee outcomes
- Oversight of Reward related invoicing.
Job Specifications
Education
- Degree Educated
- HR/ Compensation related certification - e.g. CIPD/SHRM desirable
Relevant Experience
- Experience of managing multiple reward programmes and projects, with significant budgetary management in a complex global environment.
Functional Skills
Behavioural Skills
Knowledge and skills
Essential:
- Proven analytical experience; interpreting data and using information to inform business options and outcomes
- Sound knowledge of incentive structures, benefits, grading, pay structures, pensions, pay and related legislation.
- Experience with benchmarking (e.g. Global Grading / Hay methodology).
- Highly proficient in the use of Excel (able to build complex models).
- Excellent numerical and analytical skills and attention to detail, with the ability to interpret data, and to present, analyse and propose recommendations clearly.
Desirable:
- Demonstrable project management skills.
- Broad knowledge of HR systems, and highly skilled in producing and analysing reports.
Essential:
- Highly commercial, collaborative, engaging and credible, with the ability to communicate and influence at all levels.
- A demonstrable track record of building strong influential relationships, establishing yourself as a trusted partner and expert in Reward.
Employment Type: Full Time, Permanent
Read full job descriptionPrepare for Rewards Manager roles with real interview advice
What people at Equiniti are saying
Rewards Manager salary at Equiniti
reported by
3
employees
with 8-10
years exp.
₹18
L/yr - ₹23.8
L/yr
14%
less
than the average Rewards Manager Salary in India
View more details
What Equiniti employees are saying about work life
based on 377 employees
Strict timing
Monday to Friday
No travel
Day Shift
Equiniti Benefits
Submitted by Company
Training and Development Opportunities Employee Rewards and Recognition Program Attractive Leave Policy and Maternity Benefits Transportation Medical and Other Insurance
Submitted by Employees
View more benefits 
Compare Equiniti with
Bajaj Finserv
Compare
Wells Fargo
Compare
JPMorgan Chase & Co.
Compare
Motilal Oswal Financial Services
Compare
ICICI Securities
Compare
Aditya Birla Capital
Compare
Bajaj Capital
Compare
Sharekhan
Compare
Edelweiss
Compare
Religare
Compare
JM Financial
Compare
Geojit Financial Services
Compare
TSYS|Total System Services
Compare
Nippon Life India Asset Management
Compare
Reliance Capital
Compare
Alankit
Compare
Srei Equipment Finance
Compare
MSCI
Compare
Empower Retirement
Compare
Muthoot Capital Services
Compare
Similar Jobs for you
Equiniti Chennai Office Location
Chennai, Tamil Nadu Office
Headquarter
Equiniti India
Block 10, 8th Floor, DLF IT Park, 1/124, Mt Poonamalle High Road, Chennai, Tamil Nadu 600089, IN
Chennai, Tamil Nadu
Reward Manager
8-10 Yrs
₹ 18 - 23.8348L/yr (AmbitionBox estimate)
Chennai, Bangalore / Bengaluru
Senior Data Analyst
8-13 Yrs
₹ 11.5 - 11.55L/yr (AmbitionBox estimate)
Chennai, Bangalore / Bengaluru
Senior PMO Analyst
7-9 Yrs
₹ 12.84 - 13.7388L/yr (AmbitionBox estimate)
Chennai
Team Leader
7-10 Yrs
₹ 8 - 11.93L/yr (AmbitionBox estimate)
Bangalore / Bengaluru
Share an Interview