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Specialist, Compensation and Benefits

Specialist, Compensation and Benefits

TPI Compositesindia, India
6 hours ago
Job description

Compensation :

  • Develop and administer compensation programs, such as merit or incentive pay.
  • Conduct regular compensation benchmarking for factory and staff roles.
  • Administer wage structure, increment cycles, and salary corrections based on job evaluations and performance.
  • Monitor internal parity and ensure alignment with company compensation philosophy.
  • Support the annual salary planning and bonus payout processes.
  • Maintain and update compensation data in HRIS
  • Responsible for Compensation, benefit Benchmarking and market analysis by participating in market surveys like Mercer ,Kornferry,Etc.

Benefits

  • Handle monthly additions / deletions for insurance and statutory benefits.
  • Liaise with vendors, brokers, and insurance companies for smooth service delivery.
  • Address employee queries related to benefits promptly.
  • Ensure adherence to labor laws related to wages, bonus, gratuity, leave encashment, etc.
  • Partner with finance and payroll teams for statutory deductions and filings.
  • Maintain up-to-date employee compensation and benefits records.
  • Prepare reports and dashboards on C&B metrics for management.
  • Support internal and external audits with relevant data.
  • Ensure all employees & dependents are covered under Group Medical Coverage, Group Term Life Insurance, Group Personal Accident Insurance
  • Revision and renewal of Insurance and Mediclaim policies

    • Employee Assistance Program (EAP) :

  • Coordinate with EAP vendors and ensure program accessibility to all employees.
  • Organize wellness awareness campaigns and mental health initiatives.
  • Track usage trends and support confidential grievance handling as per EAP guidelines.
  • Provide quarterly reports to HR leadership on EAP impact.

    • HRIS Management & Oracle Testing :

  • sure accurate employee data management and reporting in HRIS (Oracle).
  • Perform user acceptance testing (UAT) during Oracle HRIS upgrades, patch releases, or new module rollouts.
  • Coordinate with IT and implementation partners to resolve system issues.
  • Support role-based access control and HRIS compliance audits.

    • Preferred Tools / Software :

  • Excel Advance
  • Oracle HRIS working Experience

    • Key Skills & Competencies :

  • Strong understanding of compensation structures and statutory compliance.
  • Analytical mindset with proficiency in Excel and HRMS tools and PowerPoints
  • Good interpersonal and communication skills.
  • Ability to manage vendor relationships and drive process efficiency.
  • Discretion and sensitivity when handling confidential information.

    • Education and / or Work Experience Requirements :

    Education

    MSW / MBA

    Work Experience

    1-8 yrs

    Language / Grade

    English, Hindi & Tamil

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    Compensation Specialist • india, India