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Consulting Role - Rewards/Compensation & Benefits

3.00 to 6.00 Years   Navi Mumbai   06 Jun, 2023
FirstCall HResource Pvt Ltd
Job LocationNavi Mumbai
EducationNot Mentioned
SalaryNot Disclosed
IndustryRecruitment Services
Functional AreaOperations Management / Process Analysis
EmploymentTypeFull-time

Job Description

    Job Opening for Consulting role in Compensation and Benefit with one of the reputed consulting houseMin exp: 3 -17 yearsThe role is responsible for leading the projects and delivery of all rewards benchmarking related engagements for clients in an identified industry; Generation of revenue through new and existing clients. Developing strong working relationships with key people in the client organizations and advising them on Rewards and Benefits; Providing ongoing support to clients in data interpretation; Review survey data and reports and provide sign-offs; Proactively engage with key clients (existing and prospective) to identify opportunities and form long-term sustainable relationships with them and partnering with internal stakeholders like Survey Operations WITH THE OBJECTIVE OF delivering world class rewards consulting and products to our clients.ESSENTIAL JOB RESPONSIBILITIES - Business Development :Tasks :- Actively engage in business development by independently engaging with key people in prospective clients and identifying opportunities for building a long-term, sustainable relationship; Achieve increase in terms of number of paid participants in Industry TRS (as applicable) over previous year; Win projects with new clients; Win new clients for participating in the survey of the assigned industry- Deliver assignments in a defined industry; Own Revenue target- Develop a deep understanding of rewards trends in specific industries; Establish self as a go-to person for rewards in the specific industry; Form a point of view on rewards practices to provide appropriate consulting advice to clients- Proactively identify opportunities to win repeat business or multi-year contracts from existing clients; Establish a regular channel of communication with existing clients; - Monitor revenue and sales pipeline versus budgets on a regular basis for the assigned industry; Raise invoices and analyze data on collections and sales pipeline and guide Consultants accordingly; Meet AR and WIP targets, reduce ARs of greater than 90 days significantlyPerformance Indicators :- Budget vs. sales pipeline vs. collections- Increase in the number of paid participants in Industry TRS- New clients added- Cross-salesFinancial - - Deliver revenue budget basis the industry numbers &by product category (i.e. TRS, Benefits)- Build & manage client base through retention of annuity clients as well as new client acquisition.- Manage invoicing & collections for projects completedClients :- Ensure successful delivery of projects thorough effective project management & service delivery- Build market insights for clients from existing work- Ensure client satisfaction on the TRS as well as all custom/database projects undertaken in the industry- Client engagement/thought leadership actions in each of the industries (including forum partnerships- Support the capability building for Workforce Analytics in IS / IS Operations to generate insights for clients.People :- Ensure cascade of communication and query resolution for the respective industries- Support hiring for open vacancies within the cluster and/or industry within reasonable time, and ensure successful onboarding of new hires- Retention of direct reports, if applicable- Performance management,

Keyskills :
behavioral trainingdelivery of projectsproject management

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