Group Total Rewards Analyst

Job Description

The scope of the role will focus on incentive plans management and in particular be the custodian of SIP policy and its governance across BUs and locations, and to guarantee a continuous and effective link between strategic design and operational execution of incentive plan.

Responsibilities

Key Accountabilities

• Performance Monitoring & Payout Validation
• Audit KPI data and detect discrepancies or anomalies
• Run payout calculations against actual performance
• Monitor scheme adherence
• Analytics, Reporting, and Insights
• Centralize performance, practices, individual plans and payout data across BUs
• Conduct cross-BU effectiveness analysis and pay for performance correlation
• Evaluate whether incentives appropriately reflect both individual and team contributions
• Simulate financial impact and coordinate with Finance teams.
• Stakeholder Liaison and Support
• Serve as primary contact for SIP-related queries and exceptions.
• Enable stakeholders on SIP process and principles to ensure adherence to corporate guidelines.
• Prepare any report and cases to be addressed by the Sales Incentive Committee
• Risk Mitigation and Compliance Assurance
• Ensure SIPs comply with risk standards and regulatory requirements.
• Monitor cases related inappropriate behaviors, low performance or unintended incentives.
• Collaborate with Legal, Risk, and Compliance functions for audit and monitoring.
• Annual Review & Plan Design Support
• Collect, analyze and provide feedback for annual SIP enhancements.
• Summarize lessons learned and year-end performance insights.
• Support next-cycle planning based on data and feedback.
• Incentive and Rewards Programs
• Connect insights with other Total Rewards components
• Contribute within Total Reward Team in delivering engaging and cost effective programs
  
  

• Bachelor’s degree required, MBA or equivalent desirable.
• 5 years mini. Experience: Sales Operations or Sales performance management experience or Finance or Business Analytics