Compensation and Benefits Specialist
- Gurgaon, Haryana
- Permanent
- Full-time
- 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.
- Qualification: Bachelor’s degree in Human Resources, Business Administration, or a related field.
- 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.
- 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.