Compensation and Benefits Specialist

7 days ago

Mumbai, Maharashtra, India Burns & McDonnell Full time US$ 70,000 - US$ 1,20,000 per year

Description

We are seeking a Benefits and Job Evaluation executive to design, implement, and oversee programs that drive employee satisfaction, trust, and performance. This role is integral to ensuring competitive compensation practices through robust job evaluation frameworks and effective

benefit programs aligned with organizational goals.

  • Benefits

  • Communicate and promote employee benefits programs through diverse channels such as newsletters, webinars, and internal portals.

  • Conduct onboarding sessions and periodic updates for employees regarding benefits offerings.

  • Evaluate and improve existing benefits programs for efficiency, relevance, and employee satisfaction.

  • Research and recommend new employee benefit plans in coordination with key stakeholders.

  • Negotiate and manage vendor contracts to optimize costs and ensure high-quality service delivery.

  • Collaborate with payroll to ensure accurate processing of benefit-related contributions and deductions.

  • Maintain accurate records, reports, and documentation in compliance with organizational and legal standards.

  • Job Evaluation

  • Implement and manage job evaluation methodologies (e.g., Hay, Mercer or other Consulting firms) to ensure fairness and consistency.

  • Collaborate with department heads and HR teams to gather detailed job data, including responsibilities, qualifications, and duties.

  • Develop and maintain comprehensive and up-to-date job descriptions for all roles.

  • Educate managers and employees on job evaluation processes and tools to ensure transparency.

  • Monitor industry trends and benchmarks to maintain competitive job evaluation practices.

  • Resolve discrepancies and issues related to job evaluations effectively and in a timely manner.

  • Regularly update and maintain job evaluation systems and related documentation.

  • Compensation

  • Collaborate with the compensation team to implement findings from job evaluation exercises.

  • Analyze compensation data to support strategic decision-making and ensure alignment with market standards.

  • Assist in developing compensation models and frameworks based on evaluation outcomes.

  • Requirements and Skills:

  • Proven working experience in compensation, benefits, or job evaluation.

  • Advanced proficiency in Excel (pivot tables, complex modeling) and PowerPoint.

  • Familiarity with HRIS platforms and job evaluation software (e.g., Mercer, Hay).

  • Strong analytical skills and attention to detail to manage complex datasets and reports.

  • Excellent verbal and written communication skills for presenting ideas and findings clearly.

  • Ability to handle sensitive and confidential information with professionalism.

  • Strong organizational skills with the ability to manage multiple priorities and meet deadlines.

  • Work Conditions:

  • Flexibility to adapt to changing project timelines and organizational priorities.

  • Ability to collaborate effectively across departments and with external vendors.

  • Occasional travel may be required for vendor meetings, training, or industry events

Qualifications

  • Bachelor's degree in HR, Business Administration, or a related field (Master's preferred).
  • Certification in HR or Compensation and Benefits (e.g., SHRM, CCP, GRP) is an advantage.
  • 4–7 years in compensation, benefits, or job evaluation roles.

Job Human Resources

Primary Location India-Maharashtra-Mumbai

Schedule: Full-time

Travel: No

Req ID: 250247

Job Hire Type Experienced Not Applicable #BMI N/A

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