90 Compensation And Benefits jobs in Bangalore
Compensation Benefits Manager
Posted today
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Role - C&B Manager
Experience:
12+ years in compensation, benchmarking, and rewards management
Preferred Background:
Service-oriented organizations or Global Capability Centers (GCCs)
Location:
Bangalore
Job role :
Oversee and manage the organization's compensation & benefits programs
Design and implement competitive reward strategies to attract & retain top talent
Lead the revamp of our reward philosophy and policies
Conduct market benchmarking & salary surveys
Collaborate across departments to ensure alignment with organizational goals
Ensure compliance with regulations and internal policies
Analyze compensation trends and recommend improvements
Lead and mentor the C&B team
Experince Required:
Proven experience in designing & managing compensation & benefits programs
Strong analytical and stakeholder management skills
Strategic thinker with a proactive approach
Excellent communication skills
BFSI or service sector experience is highly desirable
Compensation & Benefits Analyst
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Compensation - Compensation & Benefits Administration Role JD:
As a core member of the Compensation team, you will be responsible for delivering HR service support to the HR community, business managers, and employees. Reporting to the Team Lead, you will provide high-level support for internal customers, ensuring accurate and timely processing of information for all stakeholders.
Your Responsibilities:
- Work across geographies and different regulatory environments.
- Analyse and understand complex problems and their resulting dependencies.
- Exhibit excellent attention to detail, time management, and multitasking skills.
- To manage the compensation operation processes like Annual Salary Review, Scorecard, Short Term Incentives (Annal Incentive Plan, Sales Incentive Plan), Long Term Incentives etc process for all ensuring accuracy, timely execution. This includes all compensation related reporting as required including and not limited to one process / region
- Monitor compensation-related data in Workday, including salary and annual processes (ASR, STI, etc), ensuring all supporting documentation is in place.
- To manage the regional and global employee benefits for employees.
- Vendor management for employee benefits, coordinating and procuring services timely.
- Support on day-to-day standard and any ad-hoc workday reports related to compensation to global and regional stakeholders.
- Manage employee data accurately from compensation perceptive in workday, to ensure accuracy of inputs to all upstream and downstream systems.
- Oversee time-sensitive procedures and ensure that data, such as salary and one-time payments, is validated for data quality and accuracy.
- Create and adhere to SOPs and WIs defined for each process.
- Identify process deficiencies/ area of opportunities, perform initial root cause analysis to support continuous improvements.
- Capture Compensation-related activities and record employee queries in organization ticketing tool(ServiceNow), ownership of the complete process flow from data validation, calculation until payouts are processed.
- Ensure execution and delivery of compensation services according to defined Service Level Agreements (SLAs) such as TAT, quality, and Customer Satisfaction (C-SAT).
- Extract reports for internal data quality through ad-hoc queries or customized transactions
- Demonstrate willingness to learn and implement new learning in an innovative manner to support enhancement and efficient operations.
- Live Hitachi Energy core values of safety and integrity, taking responsibility for your actions while caring for your colleagues and the business.
Your background
- Masters degree in any stream
- At least 4+ years of experience in HR Shared Services in a global organization.
- Proven experience in compensation related activities not limited to annual salary review, short term incentives, long term incentives is a must.
- Prior experience in managing global benefits is an added advantage
- Proficiency in MS Office (Excel, PowerPoint, PowerBI, PowerApps etc)
- Excellent written and verbal communication
- Strong stakeholder management and presentation skills.
- Manage and deliver multiple projects on time and work with cross functional teams across varied time zones.
- A collaborative, solutions-oriented approach, strong analytical skills and a proactive way of working to serve.
- Flexible to work in shifts, with high performance teams and ability to work in a fast-paced, multi-tasking, high transaction team environment.
Compensation Benefits Specialist
Posted today
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Associate Lead- Compensation and Benefits
Location :
Bangalore
What we are looking for?
Applicants that have graduated from top B-Schools and highly motivated to work in fast-paced teams that interact with leadership and shape company policy are welcome to apply.
Candidates with relevant experience in the field of Compensation and Benefits and Analytics.
Should possess strong analytical and quantitative skills, be able to engage with multiple stakeholders.
Should be able to operate independently and guide/work together with teams.
Ability to engage with multiple internal and external stakeholders to realize shared objectives.
Can take responsibility and operate independently in a fast-paced environment.
MBA Top B-Schools would be Preferred.
Experience Range: 2-4 years of relevant experience.
People who have experience in analytics from consulting backgrounds will be preferred.
Responsibilities will include:
Design compensation models, allowances, salary ranges, long & short-term incentive programs, policy formulation across group entities.
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.
Engage with internal stakeholders and user groups to solicit actionable feedback on programs and recommend design improvements.
Independently resolve escalated compensation issues and recommend optimal solutions for issues with high complexity.
Develop and report metrics related to effectiveness of managed compensation programs / processes.
Skills :
Compensation Structure,
Compensation Design,
Compensation Modelling,
Bonus Plan,
Structuring Hiring Grids,
Compensation budgeting,
Benefits design
Compensation Benefits Specialist
Posted today
Job Viewed
Job Description
Role :
Associate Lead- Compensation and Benefits
Location :
Bangalore
What we are looking for?
- Applicants that have graduated from top B-Schools and highly motivated to work in fast-paced teams that interact with leadership and shape company policy are welcome to apply.
- Candidates with relevant experience in the field of Compensation and Benefits and Analytics.
- Should possess strong analytical and quantitative skills, be able to engage with multiple stakeholders.
- Should be able to operate independently and guide/work together with teams.
- Ability to engage with multiple internal and external stakeholders to realize shared objectives.
- Can take responsibility and operate independently in a fast-paced environment.
- MBA Top B-Schools would be Preferred.
- Experience Range: 2-4 years of relevant experience.
- People who have experience in analytics from consulting backgrounds will be preferred.
Responsibilities will include:
- Design compensation models, allowances, salary ranges, long & short-term incentive programs, policy formulation across group entities.
- 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.
- Engage with internal stakeholders and user groups to solicit actionable feedback on programs and recommend design improvements.
- Independently resolve escalated compensation issues and recommend optimal solutions for issues with high complexity.
- Develop and report metrics related to effectiveness of managed compensation programs / processes.
Skills :
- Compensation Structure,
- Compensation Design,
- Compensation Modelling,
- Bonus Plan,
- Structuring Hiring Grids,
- Compensation budgeting,
- Benefits design
Compensation & Benefits Specialist
Posted today
Job Viewed
Job Description
Key Result Areas (KRAs):
Compensation Strategy and Planning :
Support in developing and implementing compensation strategies and structures aligned with the organization's policies, while considering local market conditions in India.
Work on competitive benchmarking and analysis of compensation packages to ensure the company remains competitive in the market.
Collaborate with senior HR leadership to help define and implement pay philosophy and merit increase guidelines
Salary Structure Design :
Review and recommend actions to align internal pay practices with external market data, creating and maintaining a structured salary scale.
Define hiring ranges for various cohorts to support talent acquisition team in line with organizational objectives
Compensation Data Management & Reporting :
Lead and manage the compensation survey participation process, ensuring accurate data submission.
Provide in-depth analysis and reporting on compensation data, including pay equity, market competitiveness, internal consistency, and regulatory compliance.
Participate and contribute in annual compensation budgets and work with finance teams to ensure alignment with financial goals.
Create and manage compensation dashboards as per business goals with regular consulting insights provided to HR Leadership teams on possible actions to be taken at appropriate times
Compliance and Regulatory Oversight :
Ensure adherence to local and global company policies, particularly in India.
Participate and contribute to statutory reporting requirements related to compensation, including compliance with government wage regulations and tax structures.
Total Rewards Program Management :
Manage reward programs, ensuring alignment with organizational goals and culture, with special focus on employee satisfaction and retention in the Indian market.
Collaborate with the benefits team to design comprehensive total rewards packages that include base pay, bonuses and benefits.
Drive harmonization and alignment among various organization entities as per guidance provided by leadership
Stakeholder Management and Advisory :
Act as a trusted advisor to senior management, business leaders, and HR partners on compensation-related matters.
Provide guidance and support to local HR teams in India regarding compensation decisions, negotiations, and compensation philosophy alignment.
Work closely with shared service(s) teams to enable/equip them to support compensation processes
Help build the Compensation Shared Services concept for India
Technology & System Implementation :
Lead or support the implementation of compensation management systems, integrating them with HRIS for seamless data management.
Ensure effective use of technology to streamline compensation processes, reporting, and analytics.
Employee Communication and Education :
Develop and deliver communication materials and sessions to enhance employee understanding of compensation-related matters.
Create FAQs for critical compensation processes to enable business managers.Essential Job Requirements:
Educational Qualifications :
A Bachelor’s degree in Human Resources, Business Administration. A Master’s degree or certification in Compensation and Benefits (e.g., CCP - Certified Compensation Professional) is preferred.
Experience :
7-10 years of experience in compensation management, ideally within a multinational organization or a large enterprise with a focus on India and its labor laws.
Proven experience in designing and implementing compensation structures, conducting salary benchmarking, and handling compensation-related queries at a strategic level.
Basic understanding of compensation policies, labor laws, tax regulations, and market trends in India, along with exposure to global compensation frameworks.
Rewards consulting experience would be a plus
Key Skills :
Strong analytical skills with the ability to synthesize large volumes of compensation data and present insights to senior leadership.
Proficiency in compensation management software (preferably SAP) and advanced Excel skills (including pivot tables, VLOOKUP, etc.).
Excellent communication skills, both written and verbal, with the ability to influence and collaborate with various stakeholders, including senior management, HR partners, and external vendors.
Strong project management skills with experience in implementing compensation processes or system enhancements.
Knowledge and work experience with managing data analytics with Python and R would be a plus
Knowledge :
Strong understanding of the Indian job market, competitive compensation trends, and relevant government regulations and statutory requirements.
Knowledge of global compensation and benefits practices and how to adapt them for local execution in India.
Behavioral Competencies :
Strategic thinker with strong business acumen and the ability to align compensation strategies with business objectives.
Ability to handle confidential information with discretion and integrity.
Solution-oriented with the ability to resolve complex compensation issues effectively.
Self-motivated, collaborative, and able to thrive in a fast-paced and dynamic environment.
Qualifications
B.E / B. Tech / MBA
Additional Information
7-10 years
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