Compensation Strategist

2 days ago


hubballi, India beBeeCompensation Full time

Job Title: Compensation Benefits SpecialistWe are looking for an experienced professional to join our team as a Compensation Benefits Specialist. As a key member of our organization, you will be responsible for developing and implementing compensation and benefits strategies that drive business growth and employee satisfaction.Key Responsibilities:Develop and oversee the organization's compensation and benefits strategy, ensuring market competitiveness and compliance with regulations.Assist in developing and maintaining compensation structures, salary benchmarks, and job grading systems.Design and implement salary structures, incentive plans, and benefits programs that support business objectives and workforce needs.Oversee the administration of employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other perks.Conduct market analyses and participate in salary surveys to ensure competitive and equitable compensation packages.Ensure compliance with labor laws, tax regulations, and internal policies related to compensation and benefits.Collaborate with Finance and Payroll teams to ensure accuracy in pay and benefits data.Support design and communication of total rewards programs that attract, retain, and motivate employees.Manage benefits enrollment and resolve employee queries in coordination with vendors.Contribute to internal audits and reporting requirements related to C&B.Prepare dashboards and reports for HR leadership on compensation trends and cost analysis.Manage vendor relationships with benefits providers and negotiate contracts to optimize cost-effectiveness.Qualifications:Bachelor's degree in Computer Science, Engineering, or similar technical field of study, or related practical experience. Master's degree preferred, but not required.Benefits:Opportunity to build technical excellence and understand business performance and nuances.Work with a team that consistently sets benchmarks for delivery high CSATs, project completion on time, and being one of the best teams to work for in the organization.Open and transparent culture along with freedom to experimentation and innovation.



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