577 Compensation And Benefits Analyst jobs in India

We’re Hiring: Compensation & Benefits Specialist (Total Rewards) | Hosur (Near Bangalore)

About the Role

Location: Hosur (Near Bangalore)

Work Week: 6 days (on-site role)

We are seeking a Compensation & Benefits Specialist with 3+ years of experience to join our HR team at Hosur. This role is integral in managing our C&B programs, total rewards philosophy, and compliance framework , ensuring that our compensation practices are fair, competitive, and aligned with business goals.

Key Responsibilities

• Manage and execute Compensation & Benefits programs across the organization.
• Support the design and roll-out of reward philosophy and total rewards strategy .
• Drive annual increment cycles, salary benchmarking, and market surveys .
• Experience in salary structures, pay bands, and compensation benchmarking .
• Enhance the Employee Value Proposition (EVP) through meaningful reward structures.
• Ensure compliance with Indian labour laws , including minimum wages, statutory bonus, and other regulations .
• Partner with HR and business teams to support compensation-related decisions.
• Provide data-driven insights for compensation planning and employee engagement.

Qualifications & Skills

• Minimum 3 years of experience in Compensation & Benefits / Total Rewards.
• Strong understanding of Indian labour law and statutory compliance .
• Experience in salary structures, pay bands, and compensation benchmarking .
• Proven experience in annual increment planning, benchmarking, and C&B operations .
• Strong analytical and Excel/HRMS skills.
• Excellent communication, stakeholder management, and attention to detail.

Qualifications

• Bachelor’s or Masters degree in Business Administration, Project Management, or related field.
• Experience: 2 to 4 Years of relevant experience in Compensation & Benefits
• Certifications (if any): Relevant certifications such Certified Compensation Professional ( CCP ) is desirable.

COMPENSATION MANAGEMENT

• Job Analysis and Evaluation: Understanding the various methods for assessing the worth and complexity of different jobs within the organization. Participate in HO projects for Job Mapping based on recommended architecture.
• Salary Structures and Pay Ranges: Designing and maintaining fair and competitive pay structures with defined salary ranges for different positions. Salary recommendations and fitments on internal movements / transfers and promotions. Sharing Salary proposals to recruitment team for external candidates.
• Salary Administration: Responsible for administering salary increases, bonuses, Variable Pay and incentive programs based on established guidelines and performance reviews. Liaison with payroll team on inputs.
• Market Research and Benchmarking ( Internal & External ) : Staying informed about current compensation trends and conducting salary surveys to ensure the organization's pay offerings remain competitive within the market. Performing analysis on compensation benchmarking surveys carried out annually, bi-annual and as per requirement.
• Administrative Activities : Updating internal documents / letters and MyHR data. Managing employee database effectively.

HR ANALYTICS & REPORTING

• Internal Pay Equity Analysis: C&B experts design and implement various employee benefit programs to meet employee needs, considering factors like cost, compliance, and industry best practices
• Internal Pay Equity Analysis : Providing data point to assess how individual and overall compensation cost aligns with established targets while considering other factors like performance, experience, and market data for a comprehensive understanding of an employee's compensation.
• Budgets vs Actual : Keeping an eye on any variances while tracking budgets and actuals.
• C&B Dashboards: Develop interactive dashboards that provide a real-time overview of key metrics to leadership team.

BENEFITS ADMINISTRATION

• Benefit Programs: Introducing different programs which have benefit offerings such as health insurance plans, retirement savings plans, paid time off policies, and voluntary benefits.

Job Title

Compensation & Benefits Analyst, APAC

Job Description Summary

The Compensation & Benefits Analyst, APAC plays a pivotal role in supporting Cushman & Wakefield's Total Rewards strategy across the Asia Pacific region, reporting to the Compensation & Benefits Partner, APAC. This position is responsible for designing, managing, and evaluating employee compensation and benefits programs—including health, retirement, and wellness initiatives—while ensuring compliance with local regulations and alignment with global priorities. The analyst conducts data-driven benchmarking and market research to enhance benefit offerings, manages vendor relationships, and supports annual performance and compensation reviews. Acting as a strategic partner within the People function, the role also contributes to policy updates, project-based analysis, and stakeholder collaboration to attract and retain top talent in a competitive landscape.

Job Description

About the Role:

Reporting to the Compensation & Benefits Partner, APAC, the Compensation & Benefits Analyst, APAC supports the full spectrum of Total Rewards and is responsible for researching, supporting the designing, and assist in managing an organization's employee compensation and benefits programs, Benefits administration, benchmarking, policy updates, tracking renewals, vendor management along with Performance & Reward functional processes and activities across the APAC region.

Acts as an integral part of People function, specializing in health benefits, retirement plans, and other compensation programs. Also, responsible for evaluating existing benefits and benchmarking them against industry standards to help create an attractive package for retaining and attracting new employees by making Cushman & Wakefield competitive. The job requires deep knowledge of state regulations governing employee benefits and the ability to interpret data on benefit usage, costs, and satisfaction.

Leveraging curiosity to analyze data and propose creative solutions, this role sets the foundation and support our complex growing business.

PRINCIPAL RESPONSIBILITIES

• Benefits Administration & Benchmarking:

• Data Analysis: Collect, analyze, and interpret data on employee benefit usage, cost trends, and market benchmarks to identify areas for improvement.

• Benefit Plan Design: Develop and recommend new benefit plans or modifications to existing plans, considering factors like cost, coverage options, and employee demographics.
• Vendor Management: Negotiate contracts and manage relationships with benefits providers like insurance companies and brokers.
• Compliance: Ensure that all benefit plans comply with relevant local regulations.
• Wellness initiatives: Collaborate with local People function to develop and promote employee wellness programs.
• Market research: Stay updated on industry trends and emerging benefits options to identify innovative solutions for the company.

Performance & Reward Process, Policies, Procedures:

• Support the delivery of the Annual Performance and Compensation Reviews including the planning, implementation and administration of the annual processes.
• Support the day-to-day Total Rewards activities for the Asia Pacific business.

Performance & Reward Strategy & Programs:

• Support the execution of Compensation & Benefits Strategy aligned with Asia Pacific and Global strategic priorities.

Projects:

• Support ad-hoc project work and provide analysis to enhance the effectiveness of the overall HR function and business performance.

Stakeholder Management:

• Work closely and collaboratively with regional C&B team, HRBPs, HR Operations as required

About You

• Data-driven with exceptional qualitative, analytical, and statistical skills to solve problems and draw meaningful conclusions.
• Ability to work well under pressure, balance multiple priorities and produce results. Highly organized with the ability to multitask and prioritize varied complex projects and adapt to new situations.
• Proactive approach. Able to prioritize well with attention to detail and operates well in a changing environment.
• Exhibits integrity, professionalism, objectivity, and ability to maintain confidential and sensitive information.
• Excellent written, verbal and listening capabilities, critical thinking, and problem-solving skills.
• Excellent organizational and time management skills.
• 2 – 4 years' experience as a 'Benefits Analyst' (either in a finance field or Compensation & Benefits or HR Consulting).
• A bachelor's degree in a related field (business, finance, or human resources);
• Experience in working at a fast-paced, multinational company.
• Hands on experience with HR Technology platforms to manage Compensation & Benefits, and reward activities including Excel, Workday and a variety of payroll platforms. Advanced proficiency with Office Applications, including Excel, Word, and PowerPoint.
• A capable and confident communicator.
• Strong data mining, analytical skills, and proficiency in use of spreadsheets required (from advanced data analysis to manipulation).

Why join Cushman & Wakefield?

As one of the leading global real estate services firms transforming the way people work, shop and live working at Cushman & Wakefield means you will benefit from;

• Being part of a growing global company;
• Career development and a promote from within culture;
• An organization committed to Diversity and Inclusion

We're committed to providing work-life balance for our people in an inclusive, rewarding environment.

We achieve this by providing a flexible and agile work environment by focusing on technology and autonomy to help our people achieve their career ambitions. We focus on career progression and foster a promotion from within culture, leveraging global opportunities to ensure we retain our top talent. We encourage continuous learning and development opportunities to develop personal, professional and technical capabilities, and we reward with a comprehensive employee benefits program.

We have a vision of the future, where people simply belong.

That's why we support and celebrate inclusive causes, not just on days of recognition throughout the year, but every day. We embrace diversity across race, colour, religion, sex, national origin, sexual orientation, gender identity or persons with disabilities or protected veteran status.

We ensure DEI is part of our DNA as a global community - it means we go way beyond than just talking about it - we live it. If you want to live it too, join us.

INCO: "Cushman & Wakefield"

• Conduct market analysis and benchmarking for compensation and benefits programs.
• Design, implement, and administer competitive salary structures, bonus plans, and incentive programs.
• Oversee the administration of employee benefits, including health, life, disability, and retirement plans.
• Ensure compliance with all federal, state, and local regulations (e.g., ESI, PF, relevant labor laws).
• Develop and manage HRIS data related to compensation and benefits.
• Analyze C&B program effectiveness and recommend improvements.
• Prepare reports and presentations on C&B trends and program performance.
• Develop communication strategies to educate employees about their total rewards.
• Partner with Finance and Payroll teams to ensure accurate C&B data.
• Stay abreast of best practices and emerging trends in compensation and benefits.

• Bachelor's degree in Human Resources, Finance, Business Administration, or a related field.
• Minimum of 5 years of experience in compensation and benefits analysis or a similar HR role.
• Proven experience in job evaluation, salary benchmarking, and benefits administration.
• Strong analytical, quantitative, and problem-solving skills.
• Proficiency in HRIS systems (e.g., SAP HR, Workday) and MS Excel (advanced level).
• Excellent understanding of compensation principles and employee benefits.
• Knowledge of relevant labor laws and compliance requirements.
• Strong communication, presentation, and interpersonal skills.
• Experience working in a fully remote environment.

• Conduct market research and analysis to ensure competitive compensation and benefits packages.
• Design and manage salary structures, pay grades, and incentive programs.
• Administer employee benefits programs, including health, life insurance, retirement, and other benefits.
• Ensure compliance with all relevant laws and regulations regarding compensation and benefits.
• Collaborate with HR Business Partners and Finance to align C&B strategies with business objectives.
• Manage relationships with benefits vendors and brokers, including renewals and negotiations.
• Develop clear and concise communication materials for employees regarding C&B programs.
• Support HRIS data management and ensure accuracy of compensation and benefits information.
• Analyze C&B program effectiveness and recommend improvements.
• Assist in the development and implementation of C&B policies and procedures.

• Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
• Minimum of 5 years of experience in compensation and benefits analysis.
• Proven experience in designing and administering salary structures and employee benefits.
• Strong understanding of compensation philosophies, best practices, and market trends.
• Proficiency in HRIS systems and advanced Microsoft Excel skills.
• Knowledge of relevant labor laws and compliance requirements.
• Excellent analytical, problem-solving, and quantitative skills.
• Strong communication and interpersonal skills, with the ability to explain complex information clearly.
• Detail-oriented with strong organizational abilities.

• Analyze and benchmark compensation data to ensure market competitiveness.
• Develop and maintain job grading structures and salary ranges.
• Administer employee benefits programs, including health, retirement, and other perquisites.
• Conduct cost-benefit analyses of proposed compensation and benefits changes.
• Ensure compliance with all local and national labor laws and regulations related to compensation and benefits.
• Partner with HR and Finance teams on budgeting and financial planning for C&B programs.
• Communicate C&B program details effectively to employees and management.
• Manage relationships with third-party vendors for benefits and compensation services.
• Participate in HR projects related to talent management and organizational design.

• Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
• Minimum of 5 years of experience in compensation and benefits analysis.
• Strong knowledge of compensation structures, job evaluation methodologies, and benefits administration.
• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUPs, complex formulas) and HRIS systems.
• Familiarity with relevant labor laws and regulations (e.g., Employee State Insurance, Provident Fund).
• Excellent analytical, problem-solving, and communication skills.
• Ability to work effectively in a hybrid work environment.

• Analyze market compensation data and industry trends to develop and recommend competitive salary structures and pay equity strategies.
• Design, administer, and communicate employee benefits programs, including health insurance, retirement plans, and other statutory/non-statutory benefits.
• Conduct job evaluations and benchmarking to ensure internal equity and external competitiveness.
• Develop and maintain compensation policies, procedures, and guidelines.
• Manage annual salary review processes, including merit increases and bonus allocations.
• Partner with HR Business Partners and department heads to provide compensation and benefits guidance and support.
• Ensure compliance with all relevant labor laws and regulations regarding compensation and benefits.
• Utilize HRIS and other analytical tools to track and report on compensation and benefits data.
• Develop communication materials to effectively explain compensation and benefits programs to employees.
• Participate in surveys and analyze results to benchmark our offerings.
• Contribute to the development of total rewards statements for employees.

• Bachelor's degree in Human Resources, Business Administration, Finance, or a related field. A Master's degree is a plus.
• Minimum of 5 years of progressive experience in compensation and benefits analysis and administration.
• Strong understanding of compensation philosophies, salary structures, and benefits administration.
• Proficiency in HRIS systems (e.g., Workday, SAP SuccessFactors) and advanced skills in Microsoft Excel.
• Excellent analytical, quantitative, and problem-solving abilities.
• Strong communication, presentation, and interpersonal skills.
• Ability to maintain confidentiality and handle sensitive information with discretion.
• Familiarity with relevant labor laws and regulations.
• Experience in a hybrid work environment, balancing remote and in-office responsibilities.
• Detail-oriented with a high degree of accuracy.

• Analyzing market compensation data and conducting job evaluations to determine competitive pay rates.
• Designing and administering company-wide salary structures, incentive plans, and recognition programs.
• Managing the annual salary review and bonus process.
• Overseeing the administration of employee benefits programs, including health insurance, retirement plans, and wellness initiatives.
• Ensuring compliance with all relevant federal and state compensation and benefits regulations.
• Developing clear and concise communication materials for employees regarding compensation and benefits programs.
• Collaborating with HR business partners and finance departments on compensation and benefits strategy.
• Conducting cost-benefit analyses of proposed compensation and benefits programs.
• Utilizing HRIS and other systems to manage and report on compensation and benefits data.
• Researching and recommending new benefits offerings to enhance employee value proposition.
• Assisting with executive compensation analysis and reporting.