Vacancy for Graduates at Pepsico

Overview:

Pepsico is hiring an experienced TR Asst Analyst at their Hyderabad location. This role manages the focal point, mid-year cycles, systems set up & configuration testing, HR & manager communication, training during the cycle and execution for APAC or AMESA Sectors. Partner in development of merit & IC ranges and budgets. Administer LTI & Pay Equity activities. Understands basic concepts of Total Rewards such as Differentiated Merit, Adjustment to minimum and Lumpsum. Data management understanding as well as good in excel.

The complete details of this job are as follows:

What will you be doing:

Stong accument on Annual Pay Review with at least 2-3 annual cycles / Focal point experience supporting on Salary & Bonus, YE reconcilations and validations experience

Can manage data and good in numbers to review different budgets of Focal point.

Excel knowledge is must to have.

Have some experience in managing compensation tools.

Manage annual focal point processes and activities including systems set up, testing, HR & manager communication, training during the cycle and execution

Partner with various functions e.g. Talent Management, Talent Acquisition, HRBP, Business/Function for annual cycle activities

Partner with APAC or AMESA TR team in development of merit and IC budgets by business

Lead and support all mid-year & all pay equity analysis

Partner with Global HR Ops on tool, system testings and enhancments

Drive continuous improvement in our processes through identifying errors, recommending solutions, clarifying inconsistencies, and implementing resolutions.

Variable Pay Administration:

Configure the teams for bonus on the bonus tool and test the configuration for the population

Get the right access role

Validate the bonus eligible employee data

Ensure that bonus teams are created for the BUs

Verify the individual bonus on defined parameters (accuracy of employee data, bonus team, org data, bonus%, etc.)

Share the updated bonus data with markets for sample check and make any recommended changes on the bonus tool

Calculate the bonus received by employees’ basis guidelines received from FP&A and market TR

Communicate to market TR for sample check of the bonus calculation

Capturing employee life event that impact bonus payout (i.e LOA, new hires, retirement ..etc.)

Variable pay Validation & Verification

Verify the Bonus team 100% allocation for EIP/MIP eligible associates with relative HRBPs & obtain sign off, including the allocation off composite bonus teams

Create and calculate Bonus Accruals and align with Finance team

Review the 100% of the sector LG1+ EIP calculation and sign off to payout, flag any issues or errors to Corp Exec Comp or BU TR as needed.

Act as the POC for the Global Groups (R&D, IT, bonus assignment and validation)

Work with the BU TR to calculate the non EIP/MIP bonus using the local process in each market and local tool

Audit the Tool Setup with TR CoEs to confirm the team score results post PEC memo release

Communication & reporting Payout Processes

Confirm to BU TR & Issue communication to line managers to proceed with communication of the BCS (bonus calculation sheet)

Act as the SPOC to communicate the final bonus payout to each market payroll team (vendor or local team)

Act as the first point of escalation for BSC, addressing HRBPs, Line managers inquires

Download & archive all the final bonus calculation sheet & provide access to the relative BU TR team

Support the BU TR during the bonus fall in/fall out process comparing the actual payout versus the accrual

Act as the first point of escalation for BSC, addressing HRBPs, Line managers inquires

Stakeholder Management

Must be able to influence teams, HRBPs, stakeholders and business involved in the process in a positive and strong ways to ensure alignment and agreement resolving any minor issues to ensure progress as per plan

Possesses an understanding of business strategies, culture and work to achieve results. Able to execute work beyond the scope of his function and provide analysis and advice in non-routine, project-related area.

Qualifications for this Job:

Bachelor’s degree required

4-6 year’s work experience with at least 2 years in Total Rewards supporting AMESA, APAC or other Global developed countries in a similar large scale setup (30K+ employee base)

Strong analytical, project management and program development skills

Excellent written and oral communication skills, including formal presentations and interpersonal skills

Ability to work independently, managing multiple projects and priorities simultaneously. Ability to identify issues, develop recommendations, sell ideas and implement the solution

HR Tools and technologies, especially TR tools proficiency requiredComfortable working in a virtual environment

Ability to manage multiple priorities and work across multiple organizations and team

Comfortable working in a virtual environment

Self-starter. Willing “can do” attitude

Strong communication skills, verbal and written communication

Ability to manage multiple priorities and work across multiple organizations and teams

Mandatory related environment experience for global countries e.g. AMESA or APAC

To apply for this job, Click here

Disclaimer: The Recruitment Information provided above is for informational purposes only. The above Recruitment Information has been taken from the official site of the Organisation. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company or organization posted the recruitment Vacancy. We don’t charge any fee for providing this Job Information. Neither the Author nor Studycafe and its Affiliates accepts any liabilities for any loss or damage of any kind arising out of any information in this article nor for any actions taken in reliance thereon.