Compensation and Benefits Expert

7 days ago


Noida, Uttar Pradesh, India Paytm Full time

About Paytm:

We are India's leading financial services company that offers full-stack payments & financial solutions to consumers, offline merchants, and online platforms. Our mission is to bring half a billion Indians into the mainstream economy through payments, commerce, banking, investments, and financial services.

About the Role:

This role will support the implementation of reward practices and compliance policies for the organization. As a key subject matter expert of Compensation and Benefits functions locally, you will provide local insights, consultation, and advice to Human Resources Business Partners and senior business leaders as required.

Key Responsibilities:

  • Ensure external competitiveness of internal salary ranges by benchmarking against comparators (40% of time).
  • Conducts and analyses survey results to assist in comparing compensation and benefits plans (15% of time).
  • Participates in the development of compensation and benefits policy (10% of time).
  • Manage Employee Stock Option plan (8% of time).
  • Annual planning, forecasting, and budgeting exercises for all direct costs for employees (salary and benefits, annual increments, incentives, rewards, and awards programs) (12% of time).
  • Annual Salary review exercise and administration of compensation review process cycle; off-cycle pay adjustments (5% of time).

You will monitor compensation trends within the organization and provide analytics to support operational efficiency. Additionally, you will provide ongoing support to line managers and HR on operations matters related to compensation and keep abreast with new trends and best practices in the C&B field.

Superpowers/Skills Required:

  • Specialist with a minimum of 6 years of experience in Compensation & Benefits.
  • In-depth knowledge of concepts & principal of India compensation & benefits, employment acts, and other companies' compensation & benefits programs.
  • Data Analytics, well-versed with MS Excel.

Education: MBA in Human Resource or any equivalent degree.

Salary Estimate: ₹1,200,000 - ₹1,800,000 per annum based on industry standards and location.



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