Bonus Lead

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Established in 1806 as a small soap and candle business in New York City, Colgate-Palmolive is now a truly global company with products sold in over 200 countries and territories under such internationally recognized brand names as Colgate, Palmolive, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom's of Maine, Sanex, Ajax, Axion, Soupline, Haci Sakir, Suavitel, PCA SKIN, EltaMD, Filorga and Hello as well as Hill's Science Diet and Hill's Prescription Diet.

Colgate-Palmolive is a leading consumer products company that serves hundreds of millions of consumers worldwide with brands and products across four core businesses - Oral Care, Personal Care, Home Care and Pet Nutrition. We are committed to offering products that make lives healthier and more enjoyable, and programs that enrich communities around the world.

Every day millions of people trust our products to care for themselves and the ones they love. Our goal is to use our technology to create products that will continue to improve the quality of life for our consumers wherever they live.

A career at Colgate-Palmolive is an excellent opportunity if you seek a global experience, constant challenge, and development opportunities in an environment that respects work/life effectiveness.

Job Title: Bonus Lead

Travel Required?: Travel - up to 10% of time

Hybrid

No Relocation Assistance Offered
• 160743 - Mumbai, Maharashtra, India

Who We Are
Colgate-Palmolive Company is a caring, innovative growth company that is reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, we sell our products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom's of Maine, EltaMD, Filorga, Irish Spring, PCA SKIN, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill's Pet Nutrition.

We are recognized for our leadership and innovation in promoting sustainability and community wellbeing, including our achievements in decreasing plastic waste and promoting recyclability, saving water, conserving natural resources and improving children's oral health.

If you want to work for a company that lives by their values, then give your career a reason to smile and join our global team!

About Colgate-Palmolive

Do you want to come to work with a smile and leave with one as well? In between those smiles, your day consists of connecting with others across the world, full of stimulating discussions, and making impactful contributions!
If this is how you see your career, Colgate is the place to be! Our dependable household brands, dedicated employees, and sustainability commitments make us a company passionate about building a future to smile about for our employees, consumers, and surrounding communities. We win as a global organization by continually learning and collaborating. The pride in our brand fuels a workplace that encourages creative thinking, champion's experimentation, and promotes authenticity which has contributed to our enduring success. If you want to work for a company that lives by their values, then give your career a reason to smile. every single day.

Who are you…You are a Bonus Lead -

• Lead the end-to-end bonus calculation process for APAC & AEA regions, ensuring accuracy and compliance with company policies and local regulations.
• Develop and maintain robust bonus calculation models and tools.
• Review and approve bonus calculations prepared by the team, ensuring accuracy and timeliness.
• Address and resolve any discrepancies or issues related to bonus calculations.
• Manage the timely execution of bonus processes, including preparation of compensation offers, processing lateral movements and promotions, and bonus calculations.

You are a collaborator -Stakeholder Collaboration

• Work closely with HR, Finance, and other relevant departments to ensure alignment and effective communication.
• Engage with Compensation COHRE (Communities of HR Expertise) and Business HR on an ongoing basis to ensure alignment.
• Prepare and present reports for Compensation COHRE for all phases of the compensation review and approval process.
• Interact and collaborate with all stakeholders and regularly schedule reviews with them to share statuses and improvement areas.
• Manage and mentor two direct reports, providing guidance, support, and development opportunities.
• Set performance goals and conduct regular performance reviews.
• Foster a collaborative and high-performance team environment.

You are an innovator -System Implementation and Enhancement

• Lead the implementation of bonus calculation systems and tools, ensuring they meet the needs of the organization.
• Collaborate with IT and other relevant departments to design, test, and deploy system enhancements.
• Monitor system performance and identify opportunities for improvement.
• Provide training and support to users on bonus calculation systems and processes.
• Support the management and implementation of HR technologies including SAP and SuccessFactors.
• Identify and implement process improvements to enhance the efficiency and accuracy of bonus calculations.
• Stay updated on industry best practices and trends related to bonus management.
• Develop and maintain documentation for bonus calculation processes and systems.
• Conduct regular audits to ensure compliance with internal policies and external regulations.
• Validate policy compliance and accuracy.

You are data custodian and Compliance champion Data Management and Compliance:

• Ensure the maintenance of accurate compensation and benefits data supporting bonus processes.
• Process compensation data changes in HR systems related to the bonus process, including relevant documentation.
• Audit completed transactions and ensure all vital documents and approvals are received and information is accurately entered into compensation systems.
• Research, analyze, and resolve compensation issues or inquiries by CBS HR.
• Run incentive plan modeling reports and send to Compensation COHRE for approval.

What experience and knowledge will you bring?

Education/Experience Requirements:

• Minimum of 4+ years of HR experience, with at least 4 years in Compensation (Salary and Bonus).
• Working knowledge of general HR processes.
• MBA / PGD in HR preferred.
• Experience with SuccessFactors Compensation and Variable Pay modules and SAP is highly desirable.

Skills and Competencies:

• Ability to consistently deliver high-quality customer service in a professional manner with attention to detail.
• Strong verbal and written communication skills in English.
• Subject expertise in compensation processes and policies.
• Strong organizat.