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Ventures HRD Centre

Manager - Compensation & Benefits - Manufacturing/Auto

Posted Updated
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Description

Key Responsibilities:

- Design and manage compensation structures, salary benchmarking, and pay frameworks.

- Lead annual salary review, bonus planning, and increment cycles.

- Conduct market benchmarking and compensation surveys to ensure competitiveness.

- Manage and enhance employee benefits programs (insurance, wellness, retirement, etc.).

- Develop and implement total rewards strategies aligned with organizational objectives.

- Ensure compliance with statutory regulations and internal policies.

- Analyze compensation data and provide insights and recommendations to leadership.

- Partner with HR and business leaders on offer structuring and salary negotiations.

- Drive pay equity, internal parity, and retention strategies.

- Support HR transformation initiatives related to rewards and performance management.

Key Requirements:

- MBA from a premium institute (HR/Finance preferred).

- 7-10 years of experience in Compensation & Benefits / Total Rewards.

- Strong understanding of compensation design, job evaluation, and benchmarking.

- Experience handling salary surveys and reward analytics.

- Advanced skills in Excel and HR analytics tools.

- Strong stakeholder management and communication skills.

Skills

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