Job Description

Location(s): India

City/Cities: Gurugram

Travel Required:

Relocation Provided:

Job Posting End Date: December 11, 2023

Shift: No Time Tracking (India)

Summary:

The Coca-Cola Company is a 135+ years old total beverage company, offering over 500 brands in more than 200 countries and territories. We\xe2\x80\x99re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We\xe2\x80\x99re also working to reduce our environmental impact by replenishing water and promoting recycling. With our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide.

Learn more at Coca-Cola Journey at www.coca-colacompany.com and follow us on Twitter (@CocaColaCo), Instagram (@thecocacolaco), Facebook (@thecocacolaco) and LinkedIn.

Position Overview

The Total Rewards Consultant, India & South West Asia, would manage the administration processes and services of compensation and benefits including the following:

• Compensation \xe2\x80\x93 ensure the yearly Salary and bonus cycle are run smoothly, ensure all compensation activities are undertaken correctly and work with Finance, SBPs and business leaders on headcount planning and employee cost planning;
• Benefits administration - responsible for researching, resolving and responding to benefits queries and escalations from employees, vendors, the HR function, and management.
• Payroll \xe2\x80\x93 Partner with Finance/SBPs to complete the Employee Cost Planning process by providing input for headcount and pertinent employee data when required. Ensure accuracy of essential payroll inputs that must come from Total Rewards function.

Key Roles & Responsibilities

Compensation & Benefits

• Support the delivery of Compensation-related processes, including merit, annual incentive, LTI and off-cycle reviews.
• Support the implementation of different compensation projects (i.e. market benchmarking) by providing data and implementing adjustments.
• Perform due diligence in order to identify opportunities or concerns with ongoing plan administration, including monitoring vendor performance against SLAs
• Preparation of attractive compensation package offers for new hires, promotions, lateral moves conforming to internal and external equity standards
• Provide detailed, constructive impact analysis of proposed plan and legislative changes from legal, administrative, participant and other resources through in\xe2\x80\x90depth research
• Monitor changes and development in labour codes/legislation and inform COE accordingly
• Responsible for successful implementation of annual rewards management cycle (including but not limited to training managers, supporting them on the recommendations, ensuring accurate rewards statements are prepared, off\xe2\x80\x90cycle compensation process and implementation of global and local bonus plans.
• Administer ongoing benefits programs and provide support to the COE as needed
• Develop and execute implementation/communication strategies for any plan changes and other benefits initiatives
• Ensure communication channels are kept up\xe2\x80\x90to\xe2\x80\x90date of changes in benefit plans and programs, processes and tools
• Process any benefits plans purchase orders, follow up and reconciliation
• Advise customers on HR transactional policies, processes, practices and tools to ensure knowledge transfer and consistent delivery.
• Respond to questions pertaining to benefit plans and programs from the GBS HR Tier 1, vendors, SBPs and management
• Manage all Pension work and operate the pension System
• Manage/update benefit system as needed
• Partner with and support the C&B COE for local Comp & Benefit programs, production of reward statements, if required
• Back up for other Total Rewards Analyst in other Operating Units

Payroll

• Partner with Finance to complete the Employee Cost Planning process by providing input for headcount and pertinent employee data as required and when needed
• Partner with Finance to ensure payroll data extracted from the HR system is accurate to feed monthly payroll process
• Ensure accuracy of payroll inputs that must come from Total Rewards Function.

Operational Excellence

• Make recommendations on plan changes based on experience and trends identified through escalations.
• Identify process improvements and implementation of benefits plan or process changes.
• Work with the COE to continue to achieve cost efficiencies in compensation and benefits administration through continual review of benefit take-up and performance review and analysis of Vendors.
• Responsible and lead Group-level implementation of initiatives and program execution relating to compensation and benefits processes.

Market Research & Analysis

• Support the implementation of different Compensation projects (i.e. data mining and analytics, market benchmarking) by providing data and implementing adjustments in partnership with the Compensation and Benefits COE.
• Assist in completion of benefits surveys.
• Provides accurate and consistent plan interpretation and recommendations for plan changes through in-depth research and knowledgeable consultation and discussion with others.
• Provides detailed, constructive impact analysis of proposed plan and legislative changes from legal, administrative, participant and other resources through in-depth research.

Vendor Management

• Serve as a focal point of contact for external compensation and benefits providers or vendors and inform them about KO guidelines.
• Perform due diligence to identify opportunities or concerns with ongoing plan administration, including monitoring vendor performance against SLA\xe2\x80\x99s

What we bring to you:

Iconic & Innovative Brands: Our portfolio represents over 250 products with some of the most popular brands in the world, including Coca-Cola, Costa Coffee, Innocent, Simply, Fairlife & Topo Chico.

Expansive & Diverse Customers: We work with a diversified group of customers which range from retail & grocery outlets, theme parks, movie theatres, restaurant

Purpose Driven: Purpose driven approach that empowers our people to protect the environment and communities we serve while delivering safe & quality products.

Global Connections: Allows you to develop, enhance and maintain global connections that allow us to move faster and learn from others.

Community of Belonging: We\xe2\x80\x99re an organization that believes our ability to continually grow and build the right atmosphere where people feel safe and empowered, lets you bring your best self to work.

Skills:

Our Purpose and Growth Culture:

We are taking deliberate action to nurture an inclusive culture that is grounded in our company purpose, to refresh the world and make a difference. We act with a growth mindset, take an expansive approach to what\xe2\x80\x99s possible and believe in continuous learning to improve our business and ourselves. We focus on four key behaviors \xe2\x80\x93 curious, empowered, inclusive and agile \xe2\x80\x93 and value how we work as much as what we achieve. We believe that our culture is one of the reasons our company continues to thrive after 130+ years. Visit to learn more about these behaviors and how you can bring them to life in your next role at Coca-Cola.

Coca-Cola