AddressHead - Total Rewards and Enterprise Projects
Location: Mumbai
www.zeptonow.com
Our Story
Founded in 2021 by Stanford University dropouts, Aadit Palicha and Kaivalya Vohra, Zepto is India's fastest growing e-grocery company valued at $900 Million following its recent Series-D fundraise of $200 Million from marquee global investors including Y Combinator Continuity, Kaiser Permanente, Nexus Venture Partners, Glade Brook Capital, and Lachy Groom. Headquartered in Mumbai, Zepto is present across 10 major cities in the country, 1000+ employees strong, and delivers 5000+ products, including fresh fruits and vegetables, daily cooking essentials, dairy, health-and-hygiene products, etc., to Indian homes within 10 minutes.
Through strong tech capabilities, an efficient business model, and a network of highly optimized delivery centers across its 10 locations, the company is revolutionizing the Indian grocery segment currently pegged at $600 Billion, making it easier and more convenient. Beyond groceries, Zepto has also introduced a cafe offering that allows customers to order Coffee, Chai, and other Caf items, along with their groceries.
This role plays a critical role in shaping the organization's employee value proposition and ensuring the company's ability to attract, motivate, and retain a high-performing workforce. This role requires a strategic thinker, strong communicator, and expert in compensation, benefits, engagement, HRIS & employer branding practices.
Total Rewards & Performance:
- Develop and refine the overall Total Rewards strategy aligned with the company's business objectives and culture.
- Collaborate with the leadership to establish & implement the compensation philosophy, guiding principles, and long-term reward programs.
- Develop mechanisms to link pay and recognition to individual, team, and company performance (short term & long term).
- Successfully deliver the Off-cycle, Mid Year, Year End compensation cycles including base salary, variable pay, and equity-based compensation.
- Exposure and experience in Equity linked programs and multiple approaches followed in startups.
- Conduct market research and analysis to ensure the organization's compensation approach remains competitive within the industry and geography.
- Manage relationships with external vendors and consultants related to compensation, benefits, and rewards programs. Collaborate with vendors to ensure services and solutions align with company goals.
- Lead the employee benefits programs, including health, wellness, policies etc., benchmark & share recommendations to improve employee well-being.
- Provide education and training to HR teams, managers, and employees regarding compensation policies and practices.
- Manage the HRMS and compensation software systems, delivering the end to end employee experience.
Corporate Cost Management:
- Lead the development of Quarterly/Six Monthly budgets and financial forecasts including workforce planning, benefits & other people cost management.
- Conduct thorough analysis of corporate expenses to identify areas of cost inefficiency and opportunities for improvement.
- Employee Recognition, Engagement and Branding
- Collaborate with the Branding & Corporate Communication Team to create and communicate a compelling employer value proposition that differentiates the organization in the competitive talent landscape.
- Refine and execute a comprehensive employee recognition & engagement strategy aligned with the company's mission, values, and business goals. Lead the internal & external engagement - campus, forums etc. in line with the vision.
What We're Looking For
- Extensive experience in compensation, benefits, and rewards management, with a significant leadership exposure.
- In-depth knowledge of HR COE trends, regulations, and best practices, in start-ups and established organizations.
- Proficiency in HRIS and compensation software systems.
- Proficiency in collaboration tools, survey platforms, and engagement technology.
- Strong analytical and data interpretation skills.
- Ability to align compensation programs with business objectives.
- Ability to lead and develop a team of professionals.
