Compensation Specialist

Responsibilities :

• Coordinates C&B processes like the salary planning, bonus planning, new benefits introduction, etc.

Analyses different components of the remuneration scheme in the organization and prepares reports about the internal equity and external competitiveness Supports and manages compensation projects for the entire organization which includes compensation reviews, long term incentives, retention, role changes etc.

• Participates as the team member in the strategic projects and initiatives
• Design policies to close gaps in the compensation of employees (introducing the internal equity at affordable costs)

Work with various stakeholders for implementation of the HR compliance initiatives

• Ensure adherence on the internal monitoring mechanism for all HR compliance related activities
• Responsibilities will include designing compensation structures, long & short term incentive programs, linking compensation with organizational performance, management of large-impact reward programs, financial impact analysis and scenario-building, digitization for improved program implementation, benchmarking reward programs with market intelligence.
• Role will have a global impact across entities and at an enterprise level with focus on solutions that are ahead of the industry curve.
• Candidates should have relevant experience in the field of C&B, possess strong analytical and quantitative skills, be able to engage with multiple stakeholders, be able to operate independently and manage/ guide / work together with teams.
• Proven working experience as a compensation and benefits specialist
• Prior experience in HR practices and compensation cycle management
• Working knowledge of job evaluation and job analysis systems
• Familiarity with various types of incentives and benefits
• Extensive knowledge of HRIS and MS Office
• Strong quantitative and analytical skills
• Qualification- MBA HR or equivalent
• 9- 15 yrs of experience