Compensation Strategist

2 weeks ago

Ellore, Andhra Pradesh, India beBeeTotalRewards Full time ₹ 17,28,000 - ₹ 2,59,20,000
Total Rewards Manager Job Description

Are you an experienced compensation strategist looking for a challenging role that aligns with your skills? Do you have expertise in benefits administration and performance management? We're seeking a Total Rewards Manager to join our team.

Job Responsibilities:
  • Develop, implement, and manage compensation structures aligned 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.
Required Skills and Qualifications:
  • 10+ years of experience in compensation and benefits management.
  • Degree in Business Administration or related field.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Ability to work in a fast-paced environment and meet deadlines.
Benefits:

We offer a comprehensive benefits package including medical, dental, vision, and 401(k) plan. Our organization is committed to providing a healthy and inclusive work environment.

Why Join Us?

Our organization values diversity and inclusion in the workplace. We strive to create a positive and respectful work environment where everyone feels valued and supported. If you are passionate about compensation and benefits management, we encourage you to apply.

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