Reward and Incentive Strategist

2 days ago

Mysore, Karnataka, India beBeeCompensation Full time ₹ 1,80,00,000 - ₹ 2,50,00,000
Lead Compensation and Benefits Specialist

 We are seeking a seasoned professional to lead our compensation and benefits strategy. As a key member of the organization, you will drive business alignment, employee engagement, and retention by developing and implementing total rewards strategies.

Job Responsibilities:

  • Develop and manage total rewards strategies that align with organizational goals.
  • Partner with cross-functional teams to design and implement compensation structures, pay ranges, and benchmarking exercises.
  • Conduct detailed manpower planning in collaboration with talent acquisition and business partners.
  • Drive data-driven insights and design dashboards and analytics around rewards, headcount, productivity, and cost trends.
  • Manage annual performance-linked bonus and salary revision cycles, including system readiness, communication frameworks, and payout governance.
  • Provide C&B advisory, job evaluations, and compensation structuring for offers and promotions to HRBP teams and leaders.
  • Ensure compliance with internal reward governance policies and applicable statutory requirements.

Requirements:

  • 6–8 years of experience in Compensation & Benefits / Rewards / HR Analytics, preferably in the BFSI sector.
  • 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 with proficiency in Excel, PowerPoint, HR dashboards, and compensation tools.
  • Experience in handling large data sets, deriving insights, and presenting to senior leadership.
  • Ability to work cross-functionally, manage multiple stakeholders, and maintain high attention to detail.

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