
Compensation and Benefits Specialist
6 days ago
We are seeking a dynamic professional to lead our Total Rewards strategy.
About the Role:The successful candidate will be responsible for designing and implementing total rewards strategies in alignment with organizational goals. This includes compensation, benefits, variable pay, and long-term incentives. The individual will also lead the Annual Operating Plan (AOP) process for workforce costs, ensuring cross-functional alignment with Finance and Business Heads.
An additional key responsibility of this role is conducting detailed manpower planning in collaboration with talent acquisition and business partners. The Lead Rewards Strategist will develop and manage compensation structures, pay ranges, and benchmarking exercises using market data and internal equity principles.
This position will drive data-driven insights and design dashboards and analytics around rewards, headcount, productivity, and cost trends. It will also partner with external consultants to manage compensation benchmarking, surveys, and best practice reviews.
The successful candidate will own the annual performance-linked bonus and salary revision cycles, including system readiness, communication frameworks, and payout governance. They will support HRBP teams and leaders with C&B advisory, job evaluations, and compensation structuring for offers and promotions.
This role requires 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 is also required.
A postgraduate degree in HR / MBA from a recognized institute is preferred. Deep understanding of manpower planning, AOP, total rewards, C&B frameworks, and incentive design is essential. The ideal candidate will have 6–8 years of experience in Compensation & Benefits / Rewards / HR Analytics, preferably in the BFSI sector.
Key Requirements:
- 6–8 years of experience in Compensation & Benefits / Rewards / HR Analytics.
- 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.
- Experience in handling large data sets and presenting to senior leadership.
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