Title:
We are seeking a detail-oriented and analytical Compensation and Benefits Specialist to support India HR team in designing, managing, and administering competitive compensation and benefits programs. The ideal candidate will bring expertise in pay structures, market analysis, and managing employee benefits plans while ensuring compliance with local regulations and company policies.
Key Responsibilities:
Collaborate with HR and leadership to align compensation strategies.
Implement and administer compensation structures, including salary bands, incentive programs, and merit cycles.
Conduct job evaluations and benchmarking to ensure competitive pay practices.
Prepare and analyze compensation data for reviews and adjustments.
Manage the day-to-day administration of employee benefits programs, including health insurance, retirement plans, leave policies, and wellness initiatives.
Support benefits enrollment processes, including educating employees and resolving queries.
Conduct regular audits of benefits programs to ensure accuracy and compliance.
Partner with the Global compensation team to develop strategies for India that attract and retain top talent.
Provide guidance to managers and employees on compensation and benefits policies.
Support HR projects related to workforce planning, employee engagement, and organizational changes.
Prepare and submit required reports for government agencies and internal audits.
Monitor legislative changes and update policies and programs accordingly.
Leverage HRIS tools (Workday, Excel) to analyze compensation and benefits data.
Generate insights and reports to inform decision-making and identify opportunities for improvement.
Qualifications:
Education: Bachelor’s degree in Human Resources, Business Administration, or a related field.
Experience:
3-5 years of experience in compensation and benefits management.
Familiarity with market benchmarking tools (e.g., Mercer, Radford, or similar) and HRIS platforms like Workday.
Strong understanding of compensation structures, job evaluation methods, and benefits administration.
Key Skills:
Advanced analytical skills with proficiency in Excel and data visualization tools.
Expertise in market benchmarking and compensation analysis.
In-depth knowledge of benefits programs and related compliance requirements.
Excellent communication and interpersonal skills.
Attention to detail and ability to maintain confidentiality.