Compensation Benefits Manager

1 month ago

Mumbai, India Games24x7 Full time

Company Overview:


Games24x7 is India’s leading and most valuable multi-gaming unicorn. We’re a full-stack gaming company, offering awesome game-playing experiences to over 100 million players through our products - Rummy Circle, India’s first and largest online rummy platform, My11Circle, the country’s fastest-growing fantasy sports platform.

A pioneer in the online skill gaming industry in India, Games24x7 was founded in 2006 when two New York University-trained economists Bhavin Pandya, and Trivikraman Thampy met at the computer lab and discovered their shared passion for online games. We’ve always been a technology company at heart, and over the last decade and a half, we’ve built the organisation on a strong foundation of ‘the science of gaming’, leveraging behavioural science, artificial intelligence, and machine learning to provide immersive and hyper-personalised gaming experiences to each of our players.

Backed by marquee investors including Tiger Global Management, The Raine Group, and Malabar Investment Advisors, Games24x7 is leading the charge in India’s gaming revolution, constantly innovating and offering novel entertainment to players

Our 800+ passionate teammates create their magic from our offices in Mumbai, Bengaluru, New Delhi, Miami.


For more information and career opportunities you may visit www.games24x7.com.


Position Overview: The Compensation Manager oversees all aspects of

compensation and benefits programs to ensure alignment with organizational

goals and industry standards. This role involves strategic planning, data

analysis, compliance, and stakeholder management to optimize the

organization's total rewards strategy.


Qualifications:


  • Master's degree in Human resources
  • 8+ years of progressive experience in compensation and benefits.
  • Strong understanding of compensation principles, regulations, and market
  • trends.
  • Exceptional analytical capabilities coupled with communication and project
  • management skills.
  • Proficiency in HR Information Systems (HRIS), with advanced skills in MS
  • Excel.
  • Familiarity with Business Intelligence (BI) systems such as PowerBI and
  • Tableau shall be considered advantageous.


Responsibilities:


1. Develop and implement compensation strategies aligned with

organizational objectives, ensuring competitiveness and equity across all

levels.

2. Conduct regular market research and benchmarking studies to stay

informed about industry trends, best practices, and competitor offerings,

and make adjustments to compensation and benefits programs as needed

3. Collaborate with HR leadership and business stakeholders to design and

refine compensation structures, incentive plans, and bonus programs.

4. Communicate effectively with employees about compensation and benefits

programs, providing education and guidance as needed to ensure

understanding and appreciation of the offerings.

5. Analyze compensation and benefits data to identify trends, insights, and

areas for improvement. Prepare regular reports for management,

highlighting key metrics and performance indicators.

6. Manage all aspects of employee benefits programs, including health

insurance, retirement plans, and other perks. Evaluate existing benefits

offerings and make recommendations for enhancements or changes as

necessary.

7. Manage relationships with external vendors, such as insurance providers

and benefits administrators, to ensure quality service delivery and cost-

effectiveness.

8. Conduct job evaluations and maintain accurate job descriptions and salary

structures.

9. Ensure compliance with legal and regulatory requirements related to

compensation and benefits.

10. Provide guidance and training to managers and employees on

compensation-related matters.

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