RINKI PANWAR

Compensation & Benefits and Organization Processes - Hexagon Sales Entities

• Designed and managed 4 Legal entities' Employee Life Cycle processes of over 1500 workforce: leading a team.
• Pivotal in alignment of all insurance benefits, policies, vendors & stakeholders across all entities in India which resulted in cost savings of INR 20 Lakh and received Quarterly Awards for same.
• Managed compensation and benefits policy revamp, increasing market competitiveness and employee satisfaction scores.
• Reviewed and implemented changes in compensation structure, previewing changes that are taking place in labour laws and other regulations and following best practices in market.
• Developed and implemented reward strategy, including salary benchmarking, benefits management and annual compensation events such as bonus and salary reviews.
• Prepared thelatest market knowledge, including recent tax inferences, particularly in relation to benefits and pay.
• Instrumental in the implementing and automating Online Background Verification Tool

HR Business Partner, Metrology Division - India

• Spearheaded Talent Management process for implementation of 9 box and succession planning module.
• Worked extensively on management reports related to attrition, headcount forecasts, budgeting, workforce planning etc.
• Rolled out and managed all HR processes such as performance management, annual salary review, annual performance bonus.
• Supported implementation of SAP- Success Factor HRM module.
• Coordinated with global HR teams to align HR processes locally as per corporate guidelines.
• Conducted extensive research on employee grievances, and shared management action plans with employees on actionable items.
• Facilitated POSH training programs for all Hexagon entities in India.
• Excellent employee engagement skills to sustain the growth momentum of high-potential employees; led the execution of training for employees to increase opportunities for promotion, by up-skilling their competencies and capability-building
• Spearheaded employee engagement initiatives that reduced staff turnover by 15%, enhancing the company's performance culture.
• Expertise in designing & deploying business goals-driven performance management framework, competitive compensation, reward programs, risk mitigation, and conflict resolution.
• Defined job description of one business entity; created the job evaluation for more than 80 jobs.
• Conducted concrete research on the attrition of highly skilled application engineers.
• Approachable Manager - Expertise in collaborating with top management and engaging with leadership for decision-making; determining HR framework to meet short & long-term business goals.

• Created competitive compensation policies and processes for corporate and factory divisions
• Prepared various MIS reports and management reports related to HC
• Conducted exit interviews to identify reasons for employee attrition, analysed the reasons & updated reports using the exit interview feedback forms, and suggested improvements
• Implemented enhance benefits program for corporate and plant employees
• Led the project of complete HRIS set up and helped in process designing of SAP SuccessFactors
• Implemented effective retention policies to reduce attrition & improve employee performance levels
• Coordinated the annual performance review process for 200 employees, encouraging career progression and personal development
• Managed employee retention cases with a 95% resolution rate, maintaining a positive work environment and upholding company standards

• Formulated Compensation Philosophy and Compensation Strategy based on organization strategy and market compensation trends
• Directed compensation programs, including performance-based annual bonus, performance management process, salary reviews & surveys, job analysis and evaluation, reward & recognition
• Managed Employee Insurances – GPA, GTL, and GMC – as well as benchmarking LTI Plan with market trends
• Reviewed and implemented changes in Compensation structure in the preview of changes taking place in Labour Laws and other regulations and best practices followed in the market.
• Developed and implemented the reward strategy, including salary benchmarking, benefits management and annual compensation events such as bonus and salary reviews.
• Conducted salary reviews to ensure relevant market benchmarking and consistency of application.
• Collated the latest market knowledge, including recent tax inferences in relation to benefits and pay.
• Monitored trends affecting pay and benefits and assessing how organization can improve its practices or policies.
• Tracked market conditions and government regulations to ensure their pay rates are current and competitive.

• Engaged in the complete employee lifecycle management of 1000 employees at Surajpur and Faridabad plants; led a team of 1 member.
• Organized birthday parties, Annual Day functions, NH Circle, and Diwali events; assisted in the in-house journal.
• Administered Personal Accident Insurance & Group Health Mediclaim of employees.
• Worked on Oracle ERP platform for HR.
• Worked on engagement connect sessions.

• Orchestrated the hiring process of 50 employees across several departments, reducing time-to-hire by 30% through strategic sourcing for my client, Nokia
• Worked extensively with clients' hiring requirements and managed the closure of on-roll positions.
• Conducted in-depth market research to identify attrition issues.
• Responsible for client-outsourced manpower management.
• Managed the clients' requirements related to manpower outsourcing needs.
• Managed employee engagement plans.
• Implemented an effective onboarding programme, and ensured smooth integration of contractual manpower.

• Optimized client's outsourced employees' lifecycle management.
• Closed client's on-roll hiring positions within the stipulated time frame.
• Worked closely with the client's ( Yamaha India Motors) HR team for the preparation of various MIS reports.