Compensation Benefits Manager

Position Purpose

The Country Compensation & Benefits Manager India (m/f/d) is responsible for the harmonization, and governance of all compensation and benefits structures across India. The role aims to establish consistent, competitive, and compliant frameworks that align global guidelines with local market requirements.

A key focus of this role is the harmonization of historically grown, heterogeneous compensation and benefits systems across multiple locations, business units, and employee groups.

Key Responsibilities

1. Harmonization of Compensation & Benefits Structures

•Analyze existing compensation and benefits structures across all Indian locations

•Design and implement a harmonized and transparent total rewards framework

•Standardize salary bands, job architectures, and benefit components

•Reduce complexity and ensure internal equity

•Lead transformation initiatives

2. Compensation Strategy & Governance

•Translate and implement global compensation strategies at country level

•Ensure competitiveness within the Indian labor market

•Closely collaborate with global and regional C&B teams

3. Market Analysis & Benchmarking

•Conduct and manage salary and benefits benchmarking for India

•Monitor market trends (e.g., variable pay, benefits, retention models)

4. Variable Pay & Incentives

•Harmonize bonus and incentive programs according to global guidelines

•Support the execution of annual compensation review cycles

•5. Benefits Management

•Harmonize and optimize the benefits portfolio (e.g., insurance, retirement, allowances)

•Ensure compliance with local statutory requirements

•Manage external providers and vendors

6. Governance, Compliance & Regulation

•Ensure compliance with all local regulations in India

•Implement clear compensation policies and decision frameworks

•Support audits and internal controls

Key Interfaces

•Global Compensation & Benefits

•Regional C&B

•Regional HR Business Partner

•Regional Board Member

Requirements

Professional:

•University degree in Business Administration, HR, Finance, or related field

•Minimum 5 years of experience in Compensation & Benefits, ideally within the Indian market

•Proven experience in transformation and harmonization initiatives

•Strong knowledge of local labor law, tax, and regulatory frameworks in India

•Experience working in global matrix organizations

Personal:

•Strong analytical and conceptual thinking skills

•High intercultural awareness

•Strong communication and stakeholder management skills

•Ability to translate complex topics into clear, actionable insights

Skills Required
benefits management