Head - Compensation & Benefits (GM/AVP)

Over the past 15 years, Medanta has created an unrivalled impact in delivering world class multi-specialty care for patients in India. We have hospitals in Gurgaon, Lucknow, Patna, Indore and Ranchi. In addition, we have clinics in Defence Colony (South Delhi), Cybercity & Subhash Chowk (Gurgaon), and at the Delhi Airport. Medanta is constantly growing and has also ventured in Retail vertical through Diagnostics (Laboratory Services) and Pharmacies. We also have also launched homecare services. We further plan to scale up existing facilities and expand into a few more geographical areas and also identify new avenues (Academics - Medical College) within the Healthcare eco-system. As we continue to scale and grow into new geographies, explore innovative methods of healthcare delivery, we are looking to hire exceptional talent to help us achieve our vision and grow in the process to achieve their professional aspiration.Location:GurgaonReports To:CHRO / Head – Human Resources Workdays : 6 Days from OfficeRole Overview The Head – Compensation & Benefits will be responsible for designing, implementing, and managing comprehensive compensation strategies, policies, and programs that align with business objectives and drive organizational performance. The role will partner closely with senior leadership, HR, and finance teams to ensure cost optimization, compliance, and fairness across all employee levels.Key Responsibilities:A. Compensation Strategy & Design: Develop and implementsalary structures, pay ranges, and benchmarking frameworksaligned with market practices and internal equity. Design and manageshort-term and long-term incentive programs , including variable pay and performance-linked bonuses.B. Equity & Rewards Management: Administer and overseeEmployee Stock Option Plans (ESOPs) , ensuring compliance and effective communication with stakeholders. Prepare and present materials forNRC (Nomination and Remuneration Committee)andBoard reviewson compensation matters.C. Budgeting & Performance Management: Lead the creation and management ofmanpower budgets (cost and headcount)across functions. Drive theannual performance management ,appraisal , andincrement cycles , ensuring transparency and alignment with business goals.D. Payroll, Compliance & HR Operations: Oversee payroll processes, ensuringaccuracy, tax compliance, and statutory adherence. Maintain up-to-date knowledge oftaxation, labor laws, and compliance requirementsrelated to C&B. Partner with HR Operations forsmooth execution and auditsof payroll and benefits.E. Technology & Analytics: Lead implementation and enhancement ofHRIS/HRMS platformsto enable data-driven decision-making. Utilizeadvanced Excel and analytical toolsfor reporting, insights, and predictive modeling.F. Leadership & Stakeholder Management: Lead a high-performing C&B team with clear focus on collaboration, accuracy, and efficiency. Engage effectively withCXO-level stakeholdersto influence reward strategies and decisions. Ensure effective communication of compensation policies and practices across the organization.Key Skills Strongnumerical and analytical abilitywith deep command on data and Excel. Strategic thinker withattention to detailand execution excellence. Digitally savvyand comfortable with HR technology platforms. Excellentcommunication and presentation skills . Demonstrated ability insenior stakeholder managementand influencing decisions. Proven experience as apeople leader , fostering collaboration and accountability.Education & Experience Postgraduate degree inMBA (HR/Finance) ,CA ,Postgraduate in Commerce , orPostgraduate in Mathematics . Minimum15 years of experienceinCompensation & Benefitsand related HR domains. Industry Preference:Healthcare, Pharmaceuticals, or Diagnostics. Experience in alarge Indian listed companyis highly desirable.