Noventiq (Noventiq Holdings PLC) is a leading global solutions and services provider in digital transformation and cybersecurity, headquartered in London. The company enables, facilitates, and accelerates digital transformation for its customers’ businesses, connecting 80,000+ organizations across all sectors with a vast selection of best-in-class IT vendors, alongside its own services and solutions.
Noventiq delivered record gross revenue of $1.6 billion for the 12 months to March 31, 2023, an increase of 52% in constant currency. The company’s growth is underpinned by its three-dimensional strategy to expand its markets, portfolio, and sales channels. The strategy is supported by an active approach to M&As which enables Noventiq to take advantage of the ongoing consolidation in the industry. Noventiq's 6,400 employees work in approximately 60 countries throughout Asia, Latin America, Europe, Middle East, and Africa—markets with significant growth potential.
- One of the largest SI’s in India with revenue close to 700M$ and growing to 900M$.
- 3500+ Employees in India for India.
- Total 28 Offices in India across North, South, West & East.
- 1000+ Resident Engineers across India.
- 2500+ technical resources in India for India.
- Technology partnerships with Top 3 Cloud Solution Providers, Top 3 Infrastructure companies, Top 10 Cybersecurity companies.
- Enviable customer base: 4 of Top 5 Banks, 3 of Top 5 IT companies, 3 of Top 5 BPO’s, 3 of Top 5 Pharma companies.
- Largest partner to Microsoft with combined infeed of US$600M about 25% of Microsoft India revenues.
Job Purpose
The role will be responsible for driving Compensation, Benefits, Performance Management, Market Benchmarking, and Rewards initiatives across One Noventiq India. The incumbent will partner with HRBPs, Talent Acquisition, Finance, and Business Leaders to design and implement competitive and scalable Total Rewards programs that support business growth, talent attraction, retention, and employee engagement.
Key Responsibilities
Compensation & Rewards
- Design, implement, and continuously enhance compensation structures and salary frameworks for One Noventiq India.
- Develop and maintain salary ranges, job architecture, and compensation guidelines across functions and grades.
- Conduct internal and external benchmarking to ensure competitiveness, internal equity, and market alignment.
- Participate in compensation surveys and analyze market data to provide insights and recommendations.
- Support annual compensation planning, salary increase cycles, and policy development.
- Provide compensation recommendations for offers, promotions, internal movements, and retention cases.
- Job Evaluation methodology
Benefits Management
- Drive benefits harmonization and optimization initiatives across Noventiq India entities.
- Evaluate existing benefits programs and recommend market-aligned enhancements.
- Partner with vendors and internal stakeholders to ensure effective benefits administration and governance.
Performance Management & KPI Frameworks
- Support the design and implementation of KPI frameworks for Noventiq and group entities.
- Recommend industry best practices in performance management and reward linkage.
- Ensure alignment between performance outcomes and reward programs.
Sales Incentives & Bonus Programs
- Support the design, implementation, and governance of quarterly and annual sales incentive plans.
- Analyze sales performance data and recommend incentive structures aligned with business goals.
- Assist in annual bonus planning and payout governance.
Qualifications & Experience
- MBA/PGDM in Human Resources or related discipline.
- 6-10 years of experience in Compensation & Benefits, Total Rewards, or HR Consulting.
- Strong understanding of compensation structures, benchmarking, incentive design, job evaluation, and benefits management.
- Experience with HRMS platforms, preferably Darwinbox.
- Advanced Excel and analytical skills.
- Strong stakeholder management and project management capabilities.
- Experience in IT/Technology organizations will be preferred.
Benefits Offered
- Insurance – Group Medical Coverage, Group Personal Accident, Group Term Life Insurance, Parental insurance.
- Maternity and Paternity Leaves.
- Learning/Development Courses, Cross Skill, Mentorship, and Leadership Programs.
- Quarterly Performance Feedback Sessions.
- Savings, Investments, and Retirement Benefits like Sodexo food coupon, LTA, NPS etc.
- Rewards and Recognition Program, Employee Referral Program, Wellness Program, and CSR initiatives.
- Company Onsite / Fun Events.
