Job Description

Line of Service Internal Firm ServicesIndustry/Sector Not ApplicableSpecialism OperationsManagement Level Senior Associate & Summary A career in our Human Resources team, within Internal Firm Services, will provide you with the opportunity to make a difference at PwC by helping to fully leverage the skills and talents of all our people. Youll focus on helping the local offices in driving the Firms people strategy, creating a unique people experience for each individual, and supporting our Firm wide values by working with the core competencies that measure and drive individual and Firm wide success in the marketplace. As part of our Policy, Strategy and Leadership team, youll provide strategic oversight, manage operations, and develop policies for all aspects of the Human Resources team.institutaLevel: Associate/Senior Associate
Location: Gurgaon
Experience: 5-7 years
Qualification: MBA from Tier 1 or 2 institute-Roles & ResponsibilitiesCompensation Benchmarking and Analysis

• Work on compensation benchmarking exercise for new and existing Partner - participation in compensation and benefits surveys including recommendations on comparator baskets, understanding job families and descriptions; and data validation with the business.
• Conduct job matching exercises with survey partners
• Should have knowledge of Employee Stock Option Plan to understand the current ESOP scheme of Partners and design a new one accordingly.

• Gap Analysis: Collation and analysis of multiple sources of benchmarks and data to derive insights on compensation trends and gaps basis external benchmarks, recruitment data, internal employee data and existing pay ranges.
• Conduct review of pay ranges for Partners, based on survey results and gap analysis, internal and external equity analysis. Design new ranges as required by the business. Partner with business teams for finalizing pay ranges basis affordability inputs.

Annual Compensation Review.

• Create first level simulations and models on increments and variable pay including promotions. Partner with LoS BUHC and LoS/SBU Leaders to refine LoS wise compensation models, principles and grids.
• Conduct Pay Equity Analysis
• Work with LoS BUHC for budget approval for Bonus and Increments. Work on Presentation CPO/COO on final increment and V Pay grids
• Partner with HC Operations and BUHC teams for final TR Checks for governance and compliance, Letter Release; and Increment and Variable Pay payout (for all staff including EDs)

Desired Skills-

• Advanced Excel and modeling skills
• Project Management and Data Analytics skills
• Insight generation and eye for detail
• Cultural sensitivity and the ability to build effective relationship with stakeholders across different groups - HC, Business, Vendors and External Firms
• Excellent interpersonal and presentation skills (written presentation of technical and analytical work is key)
• Awareness and understanding of external environments in which the firm operates, e.g. legal, statutory and regulatory from a compensation and benefits perspective

Mandatory skill sets- Compensation Strategies, Compensation Structures
Preferred skill sets- Compensation Management, Excel Analytics
Year of experience required- 5
Qualifications- MBA from tier 1 or 2 instituteEducation (if blank, degree and/or field of study not specified) Degrees/Field of Study required:Degrees/Field of Study preferred:Certifications (if blank, certifications not specified)Required Skills Compensation Strategies, Compensation StructuresOptional Skills Excel AnalyticsDesired Languages (If blank, desired languages not specified)Travel RequirementsAvailable for Work Visa Sponsorship?Government Clearance Required?Job Posting End Date

PwC