Senior Executive – Compensation
2 days ago
To: Compensation and Benefits Manager
Job Purpose
The Senior Executive – Compensation & Benefits will play a key role in managing and executing compensation, benefits, and reward programs. The role requires a strong understanding of compensation structures, market benchmarking, pay grids, merit cycles, and policy governance. The incumbent will independently handle day-to-day activities and provide subject matter expertise, ensuring accurate, timely, and compliant delivery of compensation processes.
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Key Responsibilities
· Compensation Management
o Manage compensation structures including salary grids, pay ranges, pay parity and internal alignment.
o Support annual and mid-year salary review cycles, including merit, promotions, bonus and adjustments.
o Prepare compensation analytics and insights for decision-making.
o Ensure internal equity and external competitiveness in compensation.
· Policy & Compliance
o Ensure compliance with internal policies and statutory requirements.
o Support the design, documentation, and communication of C&B policies.
o Maintain accurate employee data in Oracle and ensure seamless updates.
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Key Skills & Competencies
· Strong knowledge of compensation structures, grading, salary bands, and job evaluation.
· Hands-on experience with merit/increment cycles, promotion policies, and retention adjustments.
· Analytical skills with advanced Excel; working knowledge of HR systems (Oracle preferred).
· Strong stakeholder management and ability to provide independent recommendations.
· Detail-oriented, structured, and able to handle confidential data.
· Great communication skills.
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Qualifications & Experience
· MBA/PGDM in HR.
· 4–6 years of experience in Compensation & Benefits with proven expertise in increments, salary grids, and benchmarking.
· Experience in managing HRIS and compensation modules preferred.
· Exposure to AON/Mercer/Willis Towers Watson surveys will be an added advantage.
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