Strategic Compensation Designer

7 days ago

Vizag, Andhra Pradesh, India beBeeCompensation Full time ₹ 20,00,000 - ₹ 30,00,000

Total Rewards Professional

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  • Develop, implement and manage compensation structures (fixed, variable, incentives and retention plans) aligned with business objectives and market competitiveness.
  • Conduct benchmarking, salary surveys and market analysis to ensure internal equity and external competitiveness.

Benefits Administration

  • Design and manage employee benefits programs (health, insurance, retirement, wellness etc.).
  • Evaluate the effectiveness of benefits and recommend changes in line with employee needs and cost optimization.

Compensation Strategy & Design

  • 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.

Policy & Compliance

  • Ensure compliance with statutory requirements, labor laws and company policies.
  • Maintain governance and documentation for compensation & benefits programs.

Analytics & Reporting

  • Create dashboards, reports and insights on compensation, benefits utilization and workforce cost analysis.
  • Provide recommendations to leadership for strategic decision-making.

Employee Engagement & Communication

  • Communicate reward policies, benefits and compensation philosophy effectively to employees.
  • Act as a subject matter expert for employee queries related to pay, benefits and rewards.

Special Projects

  • Support M&A integration, organization restructuring and mobility programs from a rewards perspective.
  • Partner with global/region teams to drive consistency in Total Rewards programs.

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