Compensation Benefits Specialist

MphasisHyderabad, IN

30+ days ago

Job description

Job Description

Role : Workday Compensation & Benefit Consultant (Implementation Exp)

Location : PAN India- Any Mphasis office

Mode of work : Remote

Who are we looking for?

Looking for 6-10 years of experience in Compensation & Benefits, preferably in the pharmaceutical or healthcare industry.

Technical Skills :

6-10 years of experience in Compensation & Benefits, preferably in the pharmaceutical or healthcare industry
Strong analytical and Excel skills; experience with HRIS platforms in Workday
Knowledge of labor laws and compliance related to compensation and benefits
High attention to detail and ability to handle sensitive data with confidentiality
Effective communication and stakeholder management skills
Excellent analytical, problem-solving, and decision-making skills
Certification in Compensation & Benefits (e.g., CCP, GRP) is a plus

Key Responsibilities

Develop and oversee the organization's compensation and benefits strategy, ensuring market competitiveness and compliance with regulations

Assist in developing and maintaining compensation structures, salary benchmarks, and job grading systems

Design and implement salary structures, incentive plans, and benefits programs that support business objectives and workforce needs

Oversee the administration of employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other perks

Conduct market analyses and participate in salary surveys to ensure competitive and equitable compensation packages

Ensure compliance with labor laws, tax regulations, and internal policies related to compensation and benefits

Collaborate with Finance and Payroll teams to ensure accuracy in pay and benefits data

Support design and communication of total rewards programs that attract, retain, and motivate employees

Manage benefits enrollment and resolve employee queries in coordination with vendors

Contribute to internal audits and reporting requirements related to C&B

Prepare dashboards and reports for HR leadership on compensation trends and cost analysis

Manage vendor relationships with benefits providers and negotiate contracts to optimize cost-effectiveness

Partner with HRIS and payroll teams to ensure seamless execution of compensation and benefits processes

Stay updated on industry trends, emerging best practices, and regulatory changes to continuously improve programs

Qualification :

Bachelor's degree in Computer Science, Engineering, or similar technical field of study, or related practical experience. Master’s degree preferred, but not required.

What’s in for you?

We promise you the perfect opportunity of building technical excellence, understand business performance and nuances, be abreast with the latest happenings in technology world and enjoy a satisfying work life balance.

With the current opportunity, you will get to work with the team that has consistently been setting benchmarks for other deliveries in terms of delivery high CSATs, project completion on time and being one of the best teams to work for in the organization.

You get an open and transparent culture along with freedom to experimentation and innovation

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Compensation Specialist • Hyderabad, IN

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