Compensation & Benefits Manager_SUPPORT SERVICES_0870_1288_1049468
Benefits ManagerHuman Resources
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Quick Summary
Overview
Compensation Benchmarking Participate in compensation benchmarking studies through sponsored and forum-based surveys.
Technical Tools
Benefits ManagerHuman Resources
What We Offer
~2 min read✓Participate in compensation benchmarking studies through sponsored and forum-based surveys.
✓Partner with Business HR teams to assess compensation needs across business verticals.
✓Analyse market data, internal parity, and benchmarking outcomes to support compensation decisions.
✓Support annual compensation budgeting, simulations, and planning activities.
✓Collaborate with business teams on compensation proposals, rating normalization, and review processes.
✓Engage with leadership teams during compensation review discussions.
✓Drive seamless execution and closure of annual compensation cycles.
✓Manage off-cycle compensation reviews and retention-related compensation interventions.
✓Conduct proactive compensation reviews based on internal equity, market positioning, and retention considerations.
✓Y-O-Y Process Improvement to ensure the PRAISE Process is seamless.
✓Agile action on Ground level feedback on process points of improvement.
✓Partaking accountabilities on change in Compensation Philosophy / design
✓Managing the Tech Platform for PRAISE
✓Monitor incentive schemes for Business Units in purview and also earnings vis a vis Business Objective achievement.
✓Work on incentive calculations, analysis and approval process. Payouts being accountability of Payroll Team – Pre-decide Roles covered and ensure seamless adherence of Incentives only for those roles.
✓Monitoring of payout of Incentives
✓Support annual bonus planning, budgeting, simulations, and performance-linked variable pay programs.
✓Partner with business leaders to finalize annual bonus plans and related compensation proposals.
✓Manage job evaluation activities for designated business segments and coordinate with Job Evaluation Committees.
✓Define and maintain compensation bands for critical hiring roles.
✓Monitor and govern hiring compensation ranges in alignment with approved frameworks.
✓Participate in organization-wide HR transformation, compensation, and policy projects.
✓Deliver compensation analytics before, during, and after compensation review cycles.
✓Analyze internal compensation, market benchmarks, hiring trends, and workforce insights.
✓Monitor industry compensation trends relevant to business segments.
✓Evaluate linkages between variable pay, business outcomes, productivity, and earnings.
✓Recommend interventions for retention, compensation corrections, and productivity enhancement.
Location & Eligibility
Where is the job
Mumbai, India
On-site at the office
Who can apply
IN
About this job
- Who can apply
- India
- Posted
- 29 days ago
Listing Details
- Posted
- October 13, 2026
- First seen
- October 13, 2026
- Last seen
- October 14, 2026
Posting Health
- Days active
- 28
- Repost count
- 0
- Trust Level
- 19%
- Scored at
- November 11, 2026
Signal breakdown
freshnesssource trustcontent trustemployer trust
External application
4 other jobs at
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