Compensation & Benefits Manager

Key Responsibilities

• Develop and manage compensation structures, salary bands, and pay grades
• Conduct market salary surveys and benchmarking to ensure competitiveness
• Review and analyze compensation data to maintain internal equity
• Design and administer incentive, bonus, and variable pay programs
• Support annual salary reviews, promotions, and increments
• Ensure compliance with labor laws, statutory requirements, and company policies
• Partner with HR and business leaders on compensation-related decisions
• Prepare compensation reports, dashboards, and presentations for management
• Handle compensation audits and address employee queries related to pay
• Support mergers, acquisitions, and restructuring compensation activities

Skills & Competencies

• Strong analytical and numerical skills
• Knowledge of compensation tools, salary surveys, and HRMS systems
• Good understanding of labor laws and statutory compliance
• Excellent communication and stakeholder management skills
• Attention to detail and confidentiality
• Advanced Excel and data analysis skills

Qualifications

• Bachelor’s degree in Human Resources, Finance, Business Administration, or related field
• Master’s degree or certification in Compensation & Benefits is an added advantage

Experience

• 5–10 years of experience in compensation management or total rewards
• Experience in handling salary benchmarking, incentives, and pay structures

Job Type: Full-time

Pay: ₹1,000,000.00 - ₹1,200,000.00 per year

Benefits:

• Health insurance
• Provident Fund

Work Location: In person