Compensation Benefits Specialist

Role:

Associate Lead- Compensation and Benefits

Location:

Bangalore

What we are looking for?

• Applicants that have graduated from top B-Schools and highly motivated to work in fast-paced teams that interact with leadership and shape company policy are welcome to apply.
• Candidates with relevant experience in the field of Compensation and Benefits and Analytics.
• Should possess strong analytical and quantitative skills, be able to engage with multiple stakeholders.
• Should be able to operate independently and guide/work together with teams.
• Ability to engage with multiple internal and external stakeholders to realize shared objectives.
• Can take responsibility and operate independently in a fast-paced environment.
• MBA Top B-Schools would be Preferred.
• Experience Range: 2-4 years of relevant experience.
• People who have experience in analytics from consulting backgrounds will be preferred.

Responsibilities will include:

• Design compensation models, allowances, salary ranges, long & short-term incentive programs, policy formulation across group entities.
• Linking compensation with organizational performance, management of large-impact reward programs, financial impact analysis and scenario-building, digitization for improved program implementation, benchmarking reward programs with market intelligence.
• Engage with internal stakeholders and user groups to solicit actionable feedback on programs and recommend design improvements.
• Independently resolve escalated compensation issues and recommend optimal solutions for issues with high complexity.
• Develop and report metrics related to effectiveness of managed compensation programs / processes.

Skills:

• Compensation Structure,
• Compensation Design,
• Compensation Modelling,
• Bonus Plan,
• Structuring Hiring Grids,
• Compensation budgeting,
• Benefits design