Head - Compensation & Benefits (GM/AVP)

Over the past 15 years, Medanta has created an unrivalled impact in delivering world class multi-specialty care for patients in India. We have hospitals in Gurgaon, Lucknow, Patna, Indore and Ranchi. In addition, we have clinics in Defence Colony (South Delhi), Cybercity & Subhash Chowk (Gurgaon), and at the Delhi Airport. Medanta is constantly growing and has also ventured in Retail vertical through Diagnostics (Laboratory Services) and Pharmacies. We also have also launched homecare services. We further plan to scale up existing facilities and expand into a few more geographical areas and also identify new avenues (Academics - Medical College) within the Healthcare eco-system. As we continue to scale and grow into new geographies, explore innovative methods of healthcare delivery, we are looking to hire exceptional talent to help us achieve our vision and grow in the process to achieve their professional aspiration.

Location:
Gurgaon
Reports To:
CHRO / Head – Human Resources

Workdays
: 6 Days from Office

Role Overview

The Head – Compensation & Benefits will be responsible for designing, implementing, and managing comprehensive compensation strategies, policies, and programs that align with business objectives and drive organizational performance. The role will partner closely with senior leadership, HR, and finance teams to ensure cost optimization, compliance, and fairness across all employee levels.

Key Responsibilities:

A. Compensation Strategy & Design:

• Develop and implement
  salary structures, pay ranges, and benchmarking frameworks
  aligned with market practices and internal equity.
• Design and manage
  short-term and long-term incentive programs
  , including variable pay and performance-linked bonuses.

B. Equity & Rewards Management:

• Administer and oversee
  Employee Stock Option Plans (ESOPs)
  , ensuring compliance and effective communication with stakeholders.
• Prepare and present materials for
  NRC (Nomination and Remuneration Committee)
  and
  Board reviews
  on compensation matters.

C. Budgeting & Performance Management:

• Lead the creation and management of
  manpower budgets (cost and headcount)
  across functions.
• Drive the
  annual performance management
  ,
  appraisal
  , and
  increment cycles
  , ensuring transparency and alignment with business goals.

D. Payroll, Compliance & HR Operations:

• Oversee payroll processes, ensuring
  accuracy, tax compliance, and statutory adherence.
• Maintain up-to-date knowledge of
  taxation, labor laws, and compliance requirements
  related to C&B.
• Partner with HR Operations for
  smooth execution and audits
  of payroll and benefits.

E. Technology & Analytics:

• Lead implementation and enhancement of
  HRIS/HRMS platforms
  to enable data-driven decision-making.
• Utilize
  advanced Excel and analytical tools
  for reporting, insights, and predictive modeling.

F. Leadership & Stakeholder Management:

• Lead a high-performing C&B team with clear focus on collaboration, accuracy, and efficiency.
• Engage effectively with
  CXO-level stakeholders
  to influence reward strategies and decisions.
• Ensure effective communication of compensation policies and practices across the organization.

Key Skills

• Strong
  numerical and analytical ability
  with deep command on data and Excel.
• Strategic thinker with
  attention to detail
  and execution excellence.
• Digitally savvy
  and comfortable with HR technology platforms.
• Excellent
  communication and presentation skills
  .
• Demonstrated ability in
  senior stakeholder management
  and influencing decisions.
• Proven experience as a
  people leader
  , fostering collaboration and accountability.

Education & Experience

• Postgraduate degree in
  MBA (HR/Finance)
  ,
  CA
  ,
  Postgraduate in Commerce
  , or
  Postgraduate in Mathematics
  .
• Minimum
  15 years of experience
  in
  Compensation & Benefits
  and related HR domains.
• Industry Preference:
  Healthcare, Pharmaceuticals, or Diagnostics.
• Experience in a
  large Indian listed company
  is highly desirable.