Executive Compensation Strategist

2 weeks ago

Morādābād, Uttar Pradesh, India beBeeCompensation Full time ₹ 20,00,000 - ₹ 35,00,000
Job Title:

We are seeking a highly skilled and experienced professional to lead our organization's Total Rewards and Compensation & Benefits (C&B) strategy.

Role Overview:

The successful candidate will be responsible for designing and implementing total rewards strategies in alignment with business goals, driving employee retention and engagement through effective pay practices, and providing deep analytics to inform decision-making.

Key Responsibilities:

  • Design and implement total rewards strategies (compensation, benefits, variable pay, long-term incentives).
  • Lead the Annual Operating Plan (AOP) process for workforce costs, ensuring cross-functional alignment with Finance and Business Heads.
  • Conduct detailed manpower planning in collaboration with talent acquisition and business partners.
  • Develop and manage compensation structures, pay ranges, and benchmarking exercises using market data and internal equity principles.
  • Drive data-driven insights and design dashboards and analytics around rewards, headcount, productivity, and cost trends.
  • Partner with external consultants to manage compensation benchmarking, surveys, and best practice reviews.
  • Own the annual performance-linked bonus and salary revision cycles, including system readiness, communication frameworks, and payout governance.
  • Support HRBP teams and leaders with C&B advisory, job evaluations, and compensation structuring for offers and promotions.
  • Ensure compliance with internal reward governance policies and applicable statutory requirements.

Requirements:

  • 6–8 years of experience in Compensation & Benefits / Rewards / HR Analytics, preferably in the BFSI sector.
  • Postgraduate degree in HR / MBA from a recognized institute.
  • Deep understanding of manpower planning, AOP, total rewards, C&B frameworks, and incentive design.
  • Strong analytical and numerical ability with proficiency in Excel, PowerPoint, HR dashboards, and compensation tools.
  • Experience in handling large data sets, deriving insights, and presenting to senior leadership.
  • Ability to work cross-functionally, manage multiple stakeholders, and maintain high attention to detail.

About the Job:

This is a challenging role that requires a strategic thinker with excellent communication and interpersonal skills. The ideal candidate will have a strong background in compensation and benefits, with experience in designing and implementing total rewards strategies.

The successful candidate will be responsible for leading the Total Rewards and C&B strategy for our organization, ensuring alignment of reward systems with business goals, and driving employee retention and engagement through effective pay practices.

The role also involves providing deep analytics to inform decision-making, working closely with finance and business heads to ensure cross-functional alignment, and managing compensation structures, pay ranges, and benchmarking exercises.

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