
Lead Analyst - Compensation and Benefits
- Hyderabad, Telangana
- Temporary
- Full-time
- Manage annual compensation processes including salary planning, merit reviews, promotions, and bonus cycles.
- Conduct compensation, benchmarking and external market analysis.
- Maintain internal job architecture, salary ranges, and pay equity frameworks.
- Evaluate and support pay decisions for new hires, internal movements, and off-cycle adjustments.
- Support compensation communication, manager enablement, and analytics.
- Administer employee benefits across insurance, wellness, leave, and retirement programs.
- Drive renewal negotiations, vendor evaluations, and utilization analysis.
- Ensure adherence to Indian statutory requirements (PF, ESIC, Gratuity, etc.) and regulatory updates.
- Recommend benefit enhancements based on employee feedback and market trends.
- Maintain compensation and benefits data integrity across HRIS and internal systems (e.g., SAP SF, Workday).
- Generate reports and cost related insights for leadership, audits, and workforce planning needs.
- Collaborate with people analytics and in-house technology teams, external IT partners, Payroll, and HRBPs to ensure data alignment.
- Stakeholder Management & Projects:
- Serve as a subject matter expert for business and HR stakeholders on all C&B matters.
- Support or lead regional projects (e.g., salary benchmarking, policy harmonization, job levelling).
- Provide consultative support to HR business partners for complex C&B cases and policy interpretation.
- 6-9 years of experience in Compensation & Benefits roles, preferably within IT Services, GCCs/Captives, consulting, or shared services environments. MBA in HR or related post-graduate is preferred.
- Solid understanding of Indian compensation frameworks, benefits design, and compliance requirements.
- Strong analytical, interpersonal, and communication skills. Proficiency in Excel, HR analytics, and familiarity with HRIS tools such as SAP SuccessFactors, or Workday.
- Experience working in or supporting healthcare, pharma, or life sciences firms is a plus.
- Contribute to shaping strategic C&B frameworks in a fast-evolving and people-focused organization.
- Work with dynamic teams across regions and business lines.
- Access to professional development, cross-functional projects, and a culture that values expertise and impact.