Performance & Incentive Program Manager

2 weeks ago

Haryana, India ElevenX Capital Full time

Job Purpose: The Performance Bonus Management Specialist is responsible for managing the design, tracking, calculation, and disbursement of performance-based bonus and incentive programs. This role ensures accuracy, compliance, and transparency in bonus management while aligning incentive structures with organizational goals and employee performance metrics. Roles and Responsibilities: - Manage end-to-end performance bonus and incentive programs across the organization. - Track employee eligibility and performance metrics to calculate accurate payouts. - Collaborate with HR, Finance, and Payroll teams to ensure timely disbursement of bonuses. - Maintain and update bonus structures in line with company policies and market benchmarks. - Ensure compliance with statutory regulations and internal governance standards. - Generate reports on bonus trends, cost impact, and employee performance alignment. - Support audits and provide documentation for bonus and incentive-related processes. - Handle employee queries related to bonus eligibility, calculations, and payouts. - Recommend process improvements to enhance efficiency and transparency in bonus management. Qualifications: - 3+ year of experience in compensation & benefits, payroll, or finance. - Strong analytical and numerical skills with attention to detail. - Proficiency in MS Excel and HRIS/Payroll systems (e.G., Workday, SAP, Oracle). - Good communication and cross-functional collaboration skills. - Knowledge of incentive structures and compliance requirements. - Process-driven with a continuous improvement mindset

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