Compensation and Benefits Strategist

7 days ago

Bharatpur, Rajasthan, India beBeeBenefits Full time ₹ 1,50,00,000 - ₹ 2,15,00,000
Compensation and Benefits Strategist

At the heart of every successful organization lies a well-designed compensation and benefits strategy. As a Compensation and Benefits Strategist, you will play a pivotal role in shaping this vision to drive business success and employee satisfaction.

Key Responsibilities:

  • Develop, implement, and manage compensation structures that align with business objectives and market competitiveness.
  • Conduct benchmarking, salary surveys, and market analysis to ensure internal equity and external competitiveness.
  • Design and manage employee benefits programs (health, insurance, retirement, wellness, etc.)
  • Evaluate effectiveness of benefits and recommend changes in line with employee needs and cost optimization.
  • Drive annual compensation review cycles (increments, promotions, and bonus payouts).
  • Partner with business leaders and HRBPs to ensure fair, transparent, and performance-driven reward systems.
  • Ensure compliance with statutory requirements, labor laws, and company policies.
  • Maintain governance and documentation for compensation & benefits programs.
  • Create dashboards, reports, and insights on compensation, benefits utilization, and workforce cost analysis.
  • Provide recommendations to leadership for strategic decision-making.
  • Communicate reward policies, benefits, and compensation philosophy effectively to employees.
  • Act as a subject matter expert for employee queries related to pay, benefits, and rewards.
  • Support M&A integration, organization restructuring, and mobility programs from a rewards perspective.

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