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Compensation Strategist

2 weeks ago


Hyderabad, Telangana, India beBeeBenefits Full time ₹ 1,00,00,000 - ₹ 2,00,00,000

Compensation and benefits specialist job overview

The role involves developing and overseeing the organization's compensation and benefits strategy, ensuring market competitiveness and compliance with regulations.

Responsibilities include:

  • Developing and maintaining compensation structures, salary benchmarks, and job grading systems.
  • Designing and implementing salary structures, incentive plans, and benefits programs that support business objectives and workforce needs.
  • Overseeing the administration of employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other perks.
  • Conducting market analyses and participating in salary surveys to ensure competitive and equitable compensation packages.
  • Ensuring compliance with labor laws, tax regulations, and internal policies related to compensation and benefits.

Key qualifications for the role include:

  • A bachelor's degree in computer science, engineering, or a similar technical field of study, or related practical experience.
  • Strong analytical and Excel skills; experience with HRIS platforms in Workday.
  • Knowledge of labor laws and compliance related to compensation and benefits.
  • Effective communication and stakeholder management skills.

Benefits of the role include:

  • Opportunities for building technical excellence and understanding business performance.
  • Freedom to experiment and innovate in a dynamic work environment.