Sukesh M R

SUKESH.M.R #104, ITI Layout, Banashankari 3rd Stage, Bangalore – 560 085. Mobile:- E-mail –-Partner with a growth oriented organization in offering better Employee Value Proposition by leveraging existing and innovative tools of Total Rewards and improve the ROI on the organization‟s employee budgets Career Objective Highest Qualification Work Experience (Current) Degree : MBA (HR & Marketing) College : The Oxford College of Business Management Year : Sep 2009 – Aug 2011 University : Bangalore University Percentage : 70.7% Company : Tata Elxsi Duration : January 2020 till date Designation : Associate Manager Responsibilities:  Tracking and efficient utilization of employee budgets in line with compensation philosophy of „pay for performance‟.  Planning and execution of annual compensation revision cycle.  Calculation and payout of variable pay – twice a year.  Designing compensation ranges for employees under various Business Units and levels.  Provide compensation fitment guidance to recruitment team and ensure parity is maintained within the organization.  Design and implement incentive plans for sales employees.  Tracking and execution of customized compensation plans including retention, spot bonus, onetime bonus etc. Work Experience at Altisource Company : Altisource Portfolio Solutions (NASDAQ: ASPS) Duration : May 2013 to January 2020 Designation : Assistant Manager, Human Resources Roles & Responsibilities:    Core Responsibilities: o Managing strategy & operations for Total Rewards. o Consistently enhancing the Employee Value Proposition of the organization through Compensation, Incentives, Bonus Plans, ESOPs, Retention Plans, Career Development Plans and other Rewards within the allocated budgets. o Manage the equity compensation (Stock Options and Restricted Stock Units) process from grant to vest o Partnering with the Business Units to resolve challenges in employee retention, motivation and career development o Conceptualize, design, implement, monitor and improve the incentive compensation for various production teams. o Salary Benchmarking and designing the compensation plans for the Business Units accordingly. o Conduct regular training sessions on MS Excel for HR team, „go to‟ person for all reporting automation related queries. o Reporting, Operations and Analytics – Data maintenance in ERP (Oracle), Publishing the monthly headcount and attrition reports to entire HR team, Issuing employee communications (Salary/Experience/Confirmation etc), Manage employee retention bonus process, Monthly & Quarterly HR Dashboards. Annual Projects/Responsibilities: o Handling the Annual and midyear compensation revision cycles. o Participating in market compensation surveys and align the internal compensation bands to the market as per company philosophy. o Handling the annual incentive plan cycle for employees with variable pay - includes calculation of goal achievements, calculating final payout amounts, presenting to executives, rolling out the communication and payouts Discretionary Responsibilities: o Review all Ad hoc compensation change requests to address attrition. o Review HR processes and suggest changes with the goal of increasing efficiency and accuracy. o Analyze employee data and provide meaningful insights to the management which would help in decision and policy making and also serve specific analytics request from the management. o Keeping checks on the approved increases budget, deciding the buffer required based on trends and the plans of the Business Unit, alert the management when there is a deviation in the budget.  Achievements: o Automated reports and dashboards by implementing macros which has drastically reduced the time taken and manual effort while also increasing the quality and dependability of the end report. o Designed and implemented „Micro Rewards‟ plans which leverages the findings from motivation psychology research. The plan achieved a 14% reduction in attrition and average group performance moved from „Met Expectations‟ to „Exceeded Expectations” o Automated the entire salary letter roll out and communication process with Nil cost, have made the entire process „Paperless‟ while simultaneously achieving humongous reduction in manual effort, errors and cost. o Implemented Oracle compensation module, end to end in consultation with the implementation partners. o Simplified and automated all the processes being handled by our team, managed to reduce the headcount required from 7 to 3 even as the team took over more responsibilities. Work experience at ABCTCL Company : ABCTCL – Coffee Day Division Duration : September 2011 to May 2013 Designation : Senior Executive - HR Roles & Responsibilities:   Strategic Recruitment (For frontline Employees of Café Coffee Day & both Frontline and Support Employees of Coffee Day Xpress): o Creating new sources of Recruitment – Empanelling new Consultants, NGOs and Recruitment Partners. o Managing the Monthly Manpower Indenting Process. o Tracking recruitment progress, projected & actual attrition on a daily basis and inform any deviations to Management. o Preparing Source Mix report which provides an insight into the performance of different recruitment sources on a regular and seasonal basis. o Keeping the management informed requirements/attrition based on historic data. o SPOC for escalations regarding recruitments for both Internal (Recruiters and Line Managers) & External (Recruitment Partners/Vendors) stakeholders. o Analyzing the most economical and effective sources and optimizing the sourcing plan. about anticipated spike in Budget Control: o Keeping track of monthly recruitment expenses and report any deviations to Management. o Calculating ROI on recruitment expenses and reporting it to the management.  Work Experience (Before MBA) Vendor Management: o Building and maintaining good relationship with the NGOs and Consultants, communicating requirements regularly and planning line ups. o Ensuring correctness of the Vendor invoices and payouts. o Timely renewal of vendor agreements. o Negotiating Terms & Conditions with new vendors. o Facilitating the agreement signing process for new vendors.  Project Coordinator for implementing the online recruitment tracker – Included planning the tool, communicating the requirements to IT Team, handling the queries from IT Team, Testing the tool, reporting bugs, training all the HR Stakeholders on using the tool, suggesting improvements, working on the betterment of the tool continuously and coordinating the rollout of subsequent versions of the tool.  Was a Backup resource for the support recruitment team: Included Sourcing, Screening, Scheduling, Interviewing, Selecting, Background Verification, Salary Negotiation etc.  Employee Engagement – Employee Grievance Handling, Rewards & Recognition, Disciplinary Actions, Exit formalities, Controlling Attrition through counseling and EE Activities etc (Earlier role in the same company). Company : Ernst & Young Duration : November 2008 to September 2009 Designation : Associate Responsibilities:  Managing client‟s confidential data & Documents.  Bulk Data Management & Database maintenance.  Handling client‟s Emails.  Interacting with other offices/teams to obtain the required data. Projects Undertaken:  Organizational study at KS&DL, Bangalore – Studied the various departments and functioning of organization.  “Relevance of EQ Scores in HR functions” aimed at finding the finding the relationship between EQ & Performance of employees. Graduation Details: College : BHS First Grade College Degree : Bachelor of Science Year :- Specialization : Biotechnology Percentage Software Skills : 67.71 (Aggregate of all 6 semesters) Platforms : Windows, Ubuntu Application software : M S Office Suite, Advance Excel. Programming Language Personal Details : C/C++ Date of Birth : 9th October 1987 Marital Status : Single. Languages : English, Kannada, Telugu and Hindi. References shall be provided upon request. The information provided above is correct to the best of my knowledge. (Sukesh M R) Bangalore