Compensation Strategist

5 days ago

Mangalore, Karnataka, India beBeeBenefits Full time ₹ 18,00,000 - ₹ 25,00,000

Job Title: Compensation and Benefits Expert


We are seeking a highly skilled Compensation and Benefits expert to join our HR team in Hosur, near Bangalore. This role focuses on compensation and benefits management – ensuring that our pay and benefits programs are competitive, compliant with laws, and well maintained.

You will work closely with payroll and HR teams but this role is specifically for someone experienced in Total Rewards or Compensation & Benefits, not general HR or payroll operations.

Key Responsibilities:

  • Manage and analyse compensation and benefits data to ensure accuracy and compliance.
  • Evaluate labour laws related to statutory payouts and contributions (PF, ESIC, Bonus, etc.) to ensure adherence.
  • Collaborate with payroll and HR teams on statutory records and reporting.
  • Conduct salary benchmarking and market research to inform total rewards strategies.
  • Drive continuous improvements in total rewards programs to enhance employee value proposition.

Requirements:

  • A minimum of 2 to 7 years of experience specifically in Compensation & Benefits or Total Rewards roles.
  • Candidates from Tier 1 and 2 Institute backgrounds are preferred.
  • Experience in the Electronics Manufacturing industry is advantageous.
  • Strong knowledge of statutory compliance related to compensation is essential.
  • Excellent analytical skills and ability to work cross-functionally are required.
  • Ability to work in a fast-paced environment with flexible working hours.

This role is not suitable for candidates specialized in payroll processing, HR generalist roles, HR business partners, or talent acquisition.

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