Hiring: Lead – Performance & Total Rewards
Company: TARC Limited
Industry: Luxury Real Estate
Location: Hauz Khas, New Delhi
Job Description
TARC Limited, a luxury real estate developer, is hiring a Lead – Performance & Total Rewards to build its Total Rewards function from scratch.
The role offers direct access to the CEO and CFO and involves performance management, compensation strategy, incentive design, long-term rewards, and executive compensation governance.
The successful candidate will report to the Chief Human Resources Officer and should bring strong analytical skills, relevant Total Rewards experience, and the ability to handle confidential matters with discretion.
Key Responsibilities
- Design an OKR-based performance management system.
- Develop compensation strategies, job grading frameworks, benchmarking, and pay equity initiatives.
- Design incentive and variable pay structures for Sales, CRM, and Projects.
- Design and administer ESOP and LTIP programmes.
- Manage executive compensation and rewards governance.
- Present relevant compensation and performance management matters to senior leadership.
- Support compliance-related requirements associated with ESOPs, SEBI, and the Companies Act.
Eligibility Criteria
- 8–14 years of total professional experience.
- 5–6 years of experience in Total Rewards / Compensation & Benefits.
- MBA in HR or Finance from a premier institution.
- A compensation-related certification is an advantage.
- Strong analytical skills.
- Working knowledge of ESOPs, SEBI requirements, and Companies Act compliance.
- Ability to present to the CEO, CFO, and Board.
- Ability to handle confidential information with discretion.
Key Skills Required
- Total Rewards Strategy
- Performance Management and OKRs
- Compensation & Benefits
- Job Grading and Salary Benchmarking
- Pay Equity Analysis
- Incentive and Variable Pay Design
- ESOP and LTIP Design and Administration
- Executive Compensation
- Rewards Governance
- SEBI and Companies Act Compliance Knowledge
- Senior Stakeholder Communication
Role Highlights
- Opportunity to build a Total Rewards function from scratch.
- Direct access to the CEO and CFO.
- Leadership role covering performance management and compensation strategy.
- Exposure to executive compensation and long-term incentive programmes.
- Location: Hauz Khas, New Delhi.
Role Focus
The position focuses on establishing a structured Total Rewards framework, aligning performance management with organizational objectives, developing competitive compensation practices, and strengthening rewards governance.
Core Skills for Success
- Building and implementing performance management frameworks.
- Developing compensation structures and incentive programmes.
- Conducting salary benchmarking and pay equity analysis.
- Understanding ESOP and LTIP structures and related compliance requirements.
- Communicating complex compensation matters to senior leadership.
- Maintaining confidentiality and sound governance practices.
Interview Preparation Tips
- Prepare examples of Total Rewards or Compensation & Benefits frameworks you have developed.
- Be ready to discuss OKR-based performance management and job grading.
- Review compensation benchmarking, pay equity, and variable pay design.
- Prepare to explain your experience with ESOPs, LTIPs, and relevant compliance requirements.
- Highlight your experience presenting to senior executives and managing confidential information.
How to Apply
Interested candidates with relevant Total Rewards and Compensation & Benefits experience can share their updated CV with the recruiter.
Email: manideep.kaur@tarc.in