Sr. Manager

13 hours ago

Hyderabad, Telangana, India Risk Resources LLP Full time

Job description
About the Role

We are seeking an experienced Sr. Manager Compensation & Benefits to lead the design, implementation, and governance of total rewards programs for our Hyderabad office. This role ensures compensation and benefits practices remain competitive, equitable, and aligned with business goals and talent strategy.

Key Responsibilities

Job Architecture

Design and implement a comprehensive job architecture framework aligned with business objectives.
Define job families, levels, and titles across functions.
Drive change management and communication for job architecture initiatives.
Conduct job evaluations and benchmarking using market insights.
Collaborate with HRBPs, Talent Acquisition, and Global Compensation teams.
Ensure continuous governance and improvement of the framework.
Compensation Strategy & Management

Develop, deploy, and administer fair and competitive compensation programs.
Manage compensation structures including base pay, variable pay, and incentive plans.
Conduct market benchmarking and salary surveys.
Lead annual compensation cycles including merit increases, bonuses, and promotions.
Coordinate with HRBPs to review compensation data and support year-end processes.
Ensure internal equity and external competitiveness in partnership with TA and HRBP teams.
Benefits Administration

Oversee employee benefits programs (health, insurance, retirement, wellness, etc.).
Recommend enhancements to benefits offerings based on trends and employee needs.
Manage vendor relationships and ensure SLA compliance.
Lead communication initiatives to improve awareness and engagement around benefits.
Compliance & Governance

Ensure compensation and benefits programs comply with all local labor laws.
Maintain audit readiness and required documentation.
Keep updated with legislative changes and assess program impacts.
Analytics & Reporting

Build and maintain dashboards and reports on compensation and benefits metrics.
Provide data-driven insights to leadership.
Support budgeting and forecasting for total rewards.
Qualifications

Masters degree in Human Resources.
7+ years of experience in Compensation & Benefits, with at least 2 years in a similar leadership role.
Strong knowledge of compensation frameworks, benefits design, and regulatory compliance.
Proficiency in HRIS and data analytics tools; Workday experience is a plus.
Strong MS Office skills (Excel, PowerPoint, Outlook).


 

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