Total Rewards has the power to go beyond paychecks and benefits. It can redefine how organizations connect with their people and create more meaningful, holistic experiences that truly engage employees.
But again, what does a truly impactful Total Rewards transformation look like? And how do we design systems that resonate with employees while also aligning with business goals?
That’s what we’re going to explore today. And to help us with that, I’m excited to welcome Priyambi Chordia Malvai, an expert in Total Rewards and HR leadership. She’s currently heading Total Rewards, Organization Effectiveness, and HRBP for Emerging Businesses at Times Internet.
Host of this Episode: Sanjeevani Saikia
Guest Bio
Priyambi Chordia Malvai is a seasoned HR leader with over 19 years of diverse experience spanning HR consulting, corporate HR, and entrepreneurship. Her career reflects a strong blend of domain expertise, strategic leadership, and the ability to build meaningful value for key stakeholders.
Having held leadership roles for more than 16 years, Priyambi has successfully managed portfolios across Performance Management, Rewards, Digital HR Transformation, Business Partnering, HR Operations, and Compliance. Her approach is rooted in collaborating with business leaders to design, solution, and implement impactful HR strategies that drive organizational success.
Her philosophy centers around creating engaging and rewarding workplace experiences, fostering environments where high performance naturally follows.
Connect with Priyambi on Linkedin
Timestamps
(02:27) Priyambi breaks down the key elements that make a Total Rewards program truly effective, focusing on inclusivity, market awareness, and alignment with business goals.
(21:39) Adapting Total Rewards programs to meet the rapidly changing expectations of today’s workforce.
(28:25) Priyambi discusses the balance between financial rewards and non-monetary incentives, explaining how companies can use both to motivate and engage employees.
(34:09) The importance of clear communication in Total Rewards programs is explored
(37:11) She talks about how a strong Total Rewards strategy can impact employee retention, especially in a competitive job market.
(50:16) Final thoughts from her on the future of Total Rewards and how organizations can evolve to meet the changing needs of their workforce.