Compensation Partner

1 week ago

Bengaluru, Karnataka, India S&P Global Market Intelligence Full time ₹ 15,00,000 - ₹ 25,00,000 per year

We are seeking a dynamic and experienced Compensation Partner to join our Human Resources team. The ideal candidate will possess a strong background in broad-based compensation, short-term and long-term incentive programs, and sales compensation. This role is pivotal in acting as a strategic business partner to various departments, ensuring that our compensation offerings are competitive, equitable, and aligned with the organizations goals and objectives.

What you'll be doing:

  • Act as a compensation advisor to business stakeholders across the organization by providing guidance on compensation and career development programs
  • Design, implement and manage comprehensive global compensation structures that align with the companys compensation philosophy and business objectives through job architecture and internal rewards programs
  • Conduct external market pricing/benchmarking to ensure Carfax remains competitive to attract, develop and retain our talent and ensure compliance with legal and regulatory requirements
  • Develop, administer and evaluate short-term and long-term incentive programs that drive performance and retention. Monitor effectiveness of existing programs and recommend recommendations.
  • Administer compensation planning processes that include merit, bonus and promotion actions by setting up and performing testing of the tool, consultant with business stakeholders on individual decision-making and executing operational processes for employee communication and payroll processing.
  • Educate and train managers and HR colleagues on job architecture, compensation philosophies, practices and tools.
  • Respond to requests from business stakeholders by conducting job analysis and compensation recommendations.
  • Participate in annual compensation and salary planning surveys.

What we're looking for:

  • BS in Human Resources, Business, Finance and/or a related field.
  • 4-7 years of experience in a compensation, finance, or business analytics-related role.
  • Strong analytical skills and proficiency in HRIS and data analysis tools.
  • Strong global compensation and sales compensation experiences.
  • Excellent interpersonal and communication skills, with the ability to influence and build effective relationships.
  • Strong business acumen and ability to align compensation strategy with business objectives.
  • Demonstrated ability to manage multiple projects and priorities in a dynamic environment
  • Certified Compensation Professional (CCP) status is a plus.

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