Compensation and Benefits Specialist

Title :

Compensation and Benefits Specialist

JOB TITLE : Compensation & Benefits Specialist

REPORTS TO :  Senior Manager - HR

JOB LOCATION :  Gurugram, Haryana

POSITION SUMMARY :

We are seeking a detail-oriented and analytical Compensation and Benefits Specialist to support India HR team in designing, managing, and administering competitive compensation and benefits programs. The ideal candidate will bring expertise in pay structures, market analysis, and managing employee benefits plans while ensuring compliance with local regulations and company policies.

POSITION DESCRIPTION :

• Collaborate with HR and leadership to align compensation strategies.
• Implement and administer compensation structures, including salary bands, incentive programs, and merit cycles.
• Conduct job evaluations and benchmarking to ensure competitive pay practices.
• Prepare and analyze compensation data for reviews and adjustments.
• Manage the day-to-day administration of employee benefits programs, including health insurance, retirement plans, leave policies, and wellness initiatives.
• Support benefits enrollment processes, including educating employees and resolving queries.
• Conduct regular audits of benefits programs to ensure accuracy and compliance.
• Partner with the Global compensation team to develop strategies for India that attract and retain top talent.
• Provide guidance to managers and employees on compensation and benefits policies.
• Support HR projects related to workforce planning, employee engagement, and organizational changes.
• Prepare and submit required reports for government agencies and internal audits.
• Monitor legislative changes and update policies and programs accordingly.
• Leverage HRIS tools (Workday, Excel) to analyze compensation and benefits data.
• Generate insights and reports to inform decision-making and identify opportunities for improvement.

MINIMUM REQUIREMENTS :