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Senior Executive – Compensation & Benefit

Senior Executive – Compensation & Benefit

AscendionIndia
9 days ago
Job description

Job Title : Senior Executive – Compensation & Benefits Reporting

To : Compensation and Benefits Manager

Job Purpose

The Senior Executive – Compensation & Benefits will play a key role in managing and executing compensation, benefits, and reward programs. The role requires a strong understanding of compensation structures, market benchmarking, pay grids, merit cycles, and policy governance. The incumbent will independently handle day-to-day activities and provide subject matter expertise, ensuring accurate, timely, and compliant delivery of compensation processes.

Key Responsibilities

  • Compensation Management

o Manage compensation structures including salary grids, pay ranges, pay parity and internal alignment.

o Support annual and mid-year salary review cycles, including merit, promotions, bonus and adjustments.

o Prepare compensation analytics and insights for decision-making.

o Ensure internal equity and external competitiveness in compensation.

  • Policy & Compliance
  • o Ensure compliance with internal policies and statutory requirements.

    o Support the design, documentation, and communication of C&B policies.

    o Maintain accurate employee data in Oracle and ensure seamless updates.

    Key Skills & Competencies

  • Strong knowledge of compensation structures, grading, salary bands, and job evaluation.
  • Hands-on experience with merit / increment cycles, promotion policies, and retention adjustments.
  • Analytical skills with advanced Excel; working knowledge of HR systems (Oracle preferred).
  • Strong stakeholder management and ability to provide independent recommendations.
  • Detail-oriented, structured, and able to handle confidential data.
  • Great communication skills.
  • Qualifications & Experience

  • MBA / PGDM in HR.
  • 4–6 years of experience in Compensation & Benefits with proven expertise in increments, salary grids, and benchmarking.
  • Experience in managing HRIS and compensation modules preferred.
  • Exposure to AON / Mercer / Willis Towers Watson surveys will be an added advantage.
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