Lead - Compensation and Benefits

• *Key Responsibilities:**
• ------------------------

• Designation Lead Associate Lead C B
• Skills
• Excellent communication skills
• Overall experience of 9 years or more in HR compensation Benefits
• Individual contributor role
• The position will be Bangalore based with hybrid working allowed
• Work mode Hybrid 10 days in office per month
• Shift General
• Compensation Benefits Lead Senior Lead
• Compensation Strategy Design
• Develop and implement compensation strategies aligned with business goals
• Design base pay structures incentive plans and other benefits
• Conduct job evaluations and market pricing to ensure competitive pay
• Share inputs based on learning from previous iterations to enhance the value add of the function s processes to the organization
• Develop and implement sales compensation plans that align with company objectives
• Collaborate with sales leadership finance and other stakeholders to ensure plans drive desired behaviors
• Benchmark compensation structures against industry standards
• Plan Administration
• Maintain and update compensation plans policies and documentation
• Ensure accurate and timely calculation of commissions bonuses and incentives
• Manage exceptions disputes and escalations related to compensation
• Market Benchmarking Analysis
• Lead salary surveys and benchmarking studies
• Analyze compensation trends and provide insights to leadership
• Maintain internal equity and external competitiveness
• Policy Development Governance
• Create and maintain compensation policies and guidelines
• Ensure compliance with labor laws tax regulations and internal controls
• Support audits
• Operational Execution Program Deployment
• Oversee annual compensation cycles e
• g
• merit increases bonus payouts Other compensation programs
• Partner with HRBPs and business leaders during salary reviews promotions Roll out of various compensation programs
• Manage compensation systems and tools as applicable
• Stakeholder Collaboration
• Work with business leaders and other stakeholders on compensation decisions
• Educate managers and employees on compensation philosophy and practices
• Support organizational change initiatives e
• g
• M A restructuring
• Reporting Analytics
• Generate compensation reports and dashboards for leadership
• Monitor pay equity gender pay gap and other DEI metrics
• Forecast compensation budgets and model cost impacts of plan changes
• Global Regional Alignment As applicable
• Coordinate compensation practices across geographies
• Ensure alignment with global frameworks while respecting local norms

• *Preferred Skills:**
• --------------------

HRD\-\>HRD \- Others