Compensation Manager and Benefits Leader

4 days ago


Gurgaon, Haryana, India Genpact Full time
About the Role

At Genpact, we are seeking a Senior Manager, Compensation & Benefits to join our team. This role will be responsible for leading important projects within the C&B team and implementing/maintaining compensation policies and procedures.

Key Responsibilities
  • Compensation Program Development: Plan, develop, and implement new and revised compensation programs, policies, and procedures as per the company's philosophy and competitive practices.
  • Reward Program Management: Manage reward programs such as variable pay, merit raises, skill-based compensation.
  • Employee Retention Strategies: Develop promotion and retention strategies for existing employees.
  • Compensation Data Analysis: Using analytical techniques for compiling, preparing, and presenting data.
  • Collaboration and Partnership: Partner with HR business partners, Recruitment, HRSS, Finance, and payroll department to ensure effectiveness and accuracy.
  • Policy Monitoring and Review: Monitor the effectiveness of existing compensation policies, guidelines, and procedures.
  • Cost-Effective Recommendations: Recommending plan revisions that are cost-effective and consistent with compensation trends.
  • Compliance and Administration:
  • Compensation Approval: Approves compensation changes using defined rules (salary changes, variable pay changes, incentive plan changes/allocations).
  • Compensation Non-Compliance: Analyses the compensation data against the compensation policies and reports non-compliant cases and behavior.


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